Libra US Congressional Hearing — Recap Before Zuckerberg Faces Senate
Zuckerberg is finally about to testify before U.S. regulators — here is everything you should know ahead of the hearing Go to Source Powered by WPeMatico
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New Bitcoin ETF Proposal Filed With SEC by Gold Fund Veteran
Kryptoin Investment Advisors applied with the SEC to launch a Bitcoin ETF Go to Source Powered by WPeMatico
US Congress Considers A Draft Bill Claiming Stablecoins Are Securities
US lawmakers are considering a new draft bill that classifies all managed stablecoins as securities ahead of tomorrow’s Zuckerberg hearing Go to Source Powered by WPeMatico
China’s Cyberspace Watchdog Approves 309 More Blockchain Services
China’s cyberspace watchdog approves 309 more blockchain service providers Go to Source Powered by WPeMatico
Bad for Business: How KYC/AML Makes Everyone a ‘Terrorist’
Two reports from risk solutions group Lexisnexis assert that anti-money laundering (AML) and know your customer (KYC) policies can negatively affect a business’s bottom line and customer service significantly. A recent trip to the local post office for a money order certainly had a negative effect on my own experience, thanks to the same regulations, … Read more
Blockchain Firm Algorand Announces Sharia Certification for Islamic Finance
Blockchain firm Algorand announced that it is now certified for Sharia-compliant financing by Bahrain’s Shariyah Review Bureau Go to Source Powered by WPeMatico
FATF Starts Checking How Well Countries Implement Crypto Standards
The Financial Action Task Force (FATF) has agreed on how it will assess whether countries have taken the necessary steps to implement the crypto-related requirements. “Given the global nature of the virtual asset industry, it is essential that countries implement these requirements swiftly,” the FATF emphasized. Also read: Where US Regulators Stand on Cryptocurrency FATF … Read more
What Role Should Central Banks Have Launching Stablecoins Like Libra?
Facebook wasn’t prepared for the backlash associated with Libra. But should central banks have a role in helping the stablecoin launch — and if so, what? #Sponsored Go to Source Powered by WPeMatico
Indian Finance Minister Answers Crypto Questions at IMF Meeting
At an IMF and World Bank meeting, Indian Finance Minister Nirmala Sitharaman talked about cryptocurrency and stablecoins when asked about Facebook’s Libra digital currency project. RBI Governor Shaktikanta Das also addressed the subject at the conference. Also read: Indian Supreme Court Postpones Crypto Case to November, New Date Confirmed Finance Minister Talks Crypto At the … Read more
Minister Says India, Like Other Nations, Extremely Cautious on Libra
India’s finance minister says many countries are cautioning against rushing ahead with Libra Go to Source Powered by WPeMatico