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A new report from Deutsche Bank Research, Digital Currencies: the Ultimate Hard Power Tool, predicts that cash payments will remain for decades, but the emergence of digital payments “will lead to the death of the plastic card.” The report, which is the third installment in a series on payments by the group, points to economies … Read more
The Monetary Authority of Singapore (MAS) has announced the commencement of the city-state’s new Payment Services Act. The law mandates the implementation of a licensing regime that applies to payment providers, exchanges and other platforms dealing with cryptocurrencies. Their operators are obliged to meet anti-money laundering and counter-terrorism financing regulations. Also read: Uzbekistan Prepares Crypto … Read more
A UK court has ordered to freeze over $1 million in Bitcoin from a Canadian insurance firm in a ransomware attack Go to Source Powered by WPeMatico
The Indian supreme court has finished hearing the crypto vs. Reserve Bank of India (RBI) case. The hearing concluded on Tuesday with the counsel for the Internet and Mobile Association of India wrapping up his arguments, followed by arguments by the counsel representing crypto exchanges. The court is now in deliberation. Also read: Regulatory Roundup … Read more
Starting today, Singaporean cryptocurrency firms are required to hold a license issued by a local regulator Go to Source Powered by WPeMatico
Gemini cryptocurrency exchange appoints RBS veteran as new chief compliance officer for its push into Europe Go to Source Powered by WPeMatico
The cryptocurrency space is often plagued by a lack of integrity and accountability. Solving this problem will not be easy, albeit Ripple and Coinbase officials will join forces to make it happen. By forming this Market Integrity Working Group, an interesting step has been taken. Ripple and Coinbase Join Forces This new venture is an … Read more
Cryptocurrency transactions in Ukraine will be strictly monitored by the state, although the country’s finance minister admits that it’s not digital coins but fiat cash that criminals and corrupt officials are more likely to use. The legalization of cryptocurrencies remains a priority in Kiev as the government has indicated its clear understanding that the benefits … Read more
India’s Prime Minister Narendra Modi has awarded a young entrepreneur for her cryptocurrency price tracking application while the government is still deliberating on the country’s crypto policies. News.Bitcoin.com caught up with the award recipient to find out more about her app. Meanwhile, the Reserve Bank of India (RBI) is being challenged in the supreme court … Read more
Industry commentators speak out over the shrinking anonymity in crypto: “There was no chance that such a growing industry would escape unnoticed” Go to Source Powered by WPeMatico
