G20 Kicks Off 2020 Discussion on Cryptocurrencies — Urges Countries to Apply FATF Standards

G20 Kicks Off 2020 Discussion on Cryptocurrencies — Urges Countries to Apply FATF StandardsThe G20 finance ministers and central bank governors had their first 2020 meeting this weekend in Saudi Arabia. They discussed cryptocurrencies and stablecoins, and issued a statement urging countries to implement the cryptocurrency standards set by the Financial Action Task Force. They were also informed that the Financial Stability Board will soon issue its crypto […]

The post G20 Kicks Off 2020 Discussion on Cryptocurrencies — Urges Countries to Apply FATF Standards appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

40 Banks in Germany Declare Intent to Offer Crypto Services Under New Law

40 Banks in Germany Declare Intent to Offer Crypto Services Under New LawMore than 40 financial institutions in Germany have reportedly declared to the country’s financial regulator, BaFin, their interest to offer cryptocurrency services under the new German law. News.Bitcoin.com reached out to the regulator for some more information. The law, which went into effect early this year, enables banks to offer crypto services after obtaining a […]

The post 40 Banks in Germany Declare Intent to Offer Crypto Services Under New Law appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

European AML Directive Pushes Crypto Startup Bottle Pay Out of Business

European AML Directive Pushes Crypto Startup Bottle Pay Out of BusinessBottle 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 […]

The post European AML Directive Pushes Crypto Startup Bottle Pay Out of Business appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

PR: Montex Market Exchange Tokenizes Startups

Montex Market Exchange Tokenizes StartupsMontex Market is a unique crypto-exchange where users can purchase stocks in startups with virtual currencies (ETH or exchange’s native token MON). Businesses that decide to tokenize their stocks will win from access to global crypto investors, looking for ways to diversify their portfolios.

The post PR: Montex Market Exchange Tokenizes Startups appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Money Transmitter License Not Required for Crypto Businesses in Pennsylvania

Money Transmitter License Not Required for Crypto Businesses in PennsylvaniaOn Wednesday, Jan. 23, the Pennsylvania Department of Banking and Securities (DoBS) published guidance for virtual currency businesses operating in the state. The state’s financial agency has decided a money transmission license for cryptocurrency operations is not required. Also Read: Former Mt Gox CEO Reflects on Incarceration in Japan While Facing More Prison Time Banking Department […]

The post Money Transmitter License Not Required for Crypto Businesses in Pennsylvania appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Bizarro World: Federated Sidechain Technology Promoted Over Nakamoto Consensus

Bizarro World: Federated Sidechain Technology Promoted Over Nakamoto ConsensusOn Oct. 10, Blockstream revealed that the company’s new product, Liquid, generated its first block on Sept. 27 and noted that a lot of the crypto-economy’s “biggest players” participated. Since Blockstream announced the launch of its federated sidechain, the technology has been praised by some and dismissed by others. Also read: BCH Devcon Streamlines Bitcoin Innovation […]

The post Bizarro World: Federated Sidechain Technology Promoted Over Nakamoto Consensus appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

BCH Roundup: Merchant Adoption, Wallet Services, and Hackathons

BCH Roundup: Merchant Adoption, Wallet Services, and HackathonsAnother busy week has passed for Bitcoin Cash (BCH) proponents as there continues to be an influx of bitcoin cash adoption, new platforms, and improved infrastructure. Also read: Popular Discussion Board 4chan Now Accepts Cryptocurrencies for Passes Bitcoin Cash (BCH) Market Action Every week there’s an awful lot of developments happening within the BCH ecosystem and […]

The post BCH Roundup: Merchant Adoption, Wallet Services, and Hackathons appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Popular Discussion Board 4chan Now Accepts Cryptocurrencies for Passes

Popular Discussion Board 4chan Now Accepts Cryptocurrencies for PassesThis week cryptocurrency enthusiasts were pleased to hear that the infamous imageboard 4chan now accepts four different digital assets for its website pass. The $20 annual pass allows users to bypass captcha verifications when posting on 4chan and now users can purchase passes with BCH, BTC, ETH, and LTC. Also read: Meet Cash-ID: The Open Protocol […]

The post Popular Discussion Board 4chan Now Accepts Cryptocurrencies for Passes appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico