As part of its authorized battle with the Securities and Trade Fee (SEC), Ripple filed a movement on June 2nd to acquire paperwork from 14 worldwide exchanges that the corporate …
Regulations
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Regulations
Global Finance Authority Urges U.S. to Step Up Crypto Regulation
by Jalyn Riceby Jalyn RiceEven with the coronavirus outbreak, 2020 still seems to be the year where crypto will become seriously regulated.Case in point: At the end of March, the Financial Action Task Force …
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Regulations
European Commission Looking at Crypto and Blockchain Regulations
by Jalyn Riceby Jalyn RiceThe head of the European Commission’s (EC) digital innovation and blockchain unit expanded on the pros of distributed ledger technology (DLT), and the current state of the regulatory framework in …
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Regulations
G20 Finance Watchdog Calls for Global Oversight of Stablecoin Tokens
by Jalyn Riceby Jalyn RiceStablecoins in the cryptoeconomy aren’t going to get a regulatory pass on the world stage, at least if the G20 group’s top financial watchdog has anything to say about the …
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Regulations
Libra Updates White Paper Amid Calls by Regulators to Police Stablecoins
by Jalyn Riceby Jalyn RiceDavid Marcus, the Libra co-creator, has revealed new updates to the project’s white paper as the Association tries to navigate regulatory hurdles in launching the payment platform.Since its emergence, the …
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Regulations
“Digital Dollar” Back in Focus in U.S. Amid New Stimulus Talks
by Jalyn Riceby Jalyn RiceLed by tokens like USDT, USDC, and the Dai, Ethereum’s stablecoin sector just had its best quarter yet in Q1 2020 as the market cap of stablecoins reached $8 billion …
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Smaller crypto businesses in the Netherlands face uncertain times as the Dutch National Bank (DNB) enforces its interpretation of the European Union’s fifth anti-money laundering directive (AMLD5).Despite stringent enforcement of …
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Cryptocurrency forensics platform CipherTrace has announced the launch of a new tool — Armada — for banks to use in tracking suspicious crypto transactions.The move signals the company’s expanding presence …
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Regulations
Telegram Bends the Knee to SEC: TON Blockchain Release Delayed
by Jalyn Riceby Jalyn RiceInstant messaging app Telegram wowed the cryptoeconomy in early 2018 when its team raised nearly $2 billion USD for the Telegram Open Network (TON) blockchain upon the firm’s Gram token …
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Regulations
Bitcoin Exchanges in India Query RBI over Regulations & Tax Laws
by Jalyn Riceby Jalyn RiceDespite the reversal by the Supreme Court on the ban placed against crypto exchanges by the Reserve Bank India (RBI), local Bitcoin exchanges are still facing difficulties in receiving services …