Swiss Firm Poised to Launch Compliant IPO on Ethereum Blockchain
Swiss blockchain firm Overture will launch a full-compliant IPO and offer its ordinary class-A shares natively on the Ethereum blockchain Go to Source Powered by WPeMatico
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Deutsche Bank Report: Digital Yuan Could Upset Global Power Balance, Plastic Will Die, Cash Survive
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
Singapore Introduces Licensing for Crypto Platforms, New Payment Services Now Act in Force
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
UK High Court Orders Freeze on $1M of Bitcoin in Ransomware Case
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
Hearing Concluded: Indian Supreme Court Deliberates on Crypto vs RBI Case
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
Singapore Act to License Cryptocurrency Firms Comes Into Effect
Starting today, Singaporean cryptocurrency firms are required to hold a license issued by a local regulator Go to Source Powered by WPeMatico
Gemini Europe Hires New Chief Compliance Officer for Europe Expansion
Gemini cryptocurrency exchange appoints RBS veteran as new chief compliance officer for its push into Europe Go to Source Powered by WPeMatico
New Crypto Workgroup is Spearheaded by Ripple and Coinbase
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
Ukraine to Oversee Crypto Transactions Above $1,200, Sees Opportunities in Legalization Not Risks
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
Indian Prime Minister Modi Awards Young Entrepreneur for Cryptocurrency App
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