After BottlePay, Two More Crypto Firms Shut Down Due to Upcoming EU Rules
Two EU-based crypto firms are shutting down because of the upcoming EU Anti-Money Laundering rules Go to Source Powered by WPeMatico
Regulation
Auto Added by WPeMatico
Indian Lawmaker Says ‘Cryptocurrency Is Inevitable’
Indian Parliament member Dr. Subramanian Swamy has shared his view on cryptocurrency. Advocating for India to make the transition to crypto, he reportedly said, “cryptocurrency is inevitable.” The lawmaker will chair a conference at the UN India’s headquarters next week where issues surrounding cryptocurrency in the country will be discussed. Also read: Regulatory Roundup – … Read more
European AML Directive Pushes Crypto Startup Bottle Pay Out of Business
Bottle Pay, a cryptocurrency payments provider from the U.K., has announced its decision to cease operations by the end of the year. Despite attracting some serious funding and expanding its user base significantly in the past few months, the company has found it unacceptable to continue to work under the upcoming EU regulations. AMLD5, the … Read more
Iran, Hong Kong, India: Failed Protests Point to Need for Crypto-Anarchy ‘Second Realms’
What is the second realm? It’s both an abstract and concrete “place” parallel to here, where temporary autonomous zones (TAZ) provide a chance to escape the burning surveillance spotlight of the state and brutal law enforcement culture, and allow for at least temporary exercises of human rights and freedom. A TAZ may allow for free … Read more
Wall St. to Washington: Bakkt Launches New Products, CEO Joins Senate
Bakkt is finishing 2019 with a bang, debuting the first U.S.-regulated options along with cash-settled futures, while its CEO will soon take a U.S. Senate seat. What does this news mean for the market? Go to Source Powered by WPeMatico
BlockFi to Offer First Interest-Bearing Crypto Accounts in Washington State
BlockFi has obtained a money transmission license in Washington and intends to offer interest-bearing crypto accounts in the state Go to Source Powered by WPeMatico
NY Regulator Proposes Relaxing New Coin Listing Requirements
The New York State Department of Financial Services, the Bitlicense regulator, has published a proposed framework for licensed companies seeking to list new coins. This is the first time the regulator has proposed changes to its crypto regulation in five years. Among the changes, licensees will be able to self-certify the compliance of their new … Read more
Majority Leader of California State Assembly Pushes for Legal Certainty for Blockchain
CA State Assembly Majority Leader wants California to lead blockchain legislation, shares plans at Elev8CON Go to Source Powered by WPeMatico
BRD’s Adam Traidman on New Products, Crypto Adoption, and Banking the Unbanked Into 2020
Breadwallet, later known as Bread, and now just as BRD, was the first crypto wallet in the App Store in 2014. Its non-custodial, open source and user-friendly nature saw it become very popular, now with nearly 3 million users worldwide. CEO Adam Traidman took some time to field questions from news.Bitcoin.com this week, detailing BRD’s … Read more
FinCEN Director Notes Improved Oversight of Cryptocurrency Industry
FinCEN’s director says increased adoption of reporting guidelines for crypto businesses has led to an uptick in the number of suspicious activity reports filed Go to Source Powered by WPeMatico