South Korean National Assembly Holds Regulation Debate With Local Crypto Exchanges

December 11, 2018 cashtechnews

Major Korean crypto exchanges have arranged a crypto regulation debate in the National Assembly, discussing Anti-Money Laundering policies and customer protection. South Korea’s representative body, the National Assembly, has held a crypto regulation debate arranged by major local cryptocurrency exchanges, IT media oulet ZdNet Korea reports Monday, Dec. 10. According to local business outlet Financial […]

Financial Action Task Force Urges UK to Improve AML Activities in Cryptocurrency Sector

December 10, 2018 cashtechnews

The Financial Action Task Force wants the United Kingdom to “progress” with measures to formalize its domestic crypto economy. The Financial Action Task Force (FATF), an intergovernmental financial security body, has demanded the United Kingdom step up its cryptocurrency monitoring. According to a new report released Dec. 7, the country needs increased measures to prevent […]

Hodler’s Digest, Dec. 3-Dec.9: US SEC Delays BTC ETF Decision Again, While Nasdaq Confirms 2019 BTC Futures Launch

December 9, 2018 cashtechnews

The United States SEC has delayed their Bitcoin ETF decision yet again, and Venezuela’s Petro is raised 150 percent in value. Coming every Sunday, the Hodler’s Digest will help you to track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions, and much […]

Crypto Project Says It Can Reverse Transactions and Recover Accounts Without Private Keys

December 7, 2018 cashtechnews

sponsored A new financial blockchain network is offering low-cost, high-speed transactions — and gives users the ability to recover accounts and have these accounts insured. A startup which bills itself as “blockchain’s financial district” has launched its network — and says its debut heralds “the beginning of true financial freedom.” WORBLI enables businesses and individuals […]

Report: South Korean Crypto Exchanges Overtake Maltese Ones by Daily Trade Volume

December 7, 2018 cashtechnews

A recent report by CryptoCompare shows that South Korean crypto exchanges saw $200 million more in average daily trade volumes than their Maltese competitors. Cryptocurrency exchanges registered in South Korea have overtaken their Maltese-registered counterparts by average daily trade volume in November. This is according to a report by cryptocurrency market data provider CryptoCompare, published […]

Inside Chilean Power Battle: Crypto Exchanges vs. State Banks

December 6, 2018 cashtechnews

The prerequisites and aftermath of the Supreme Court decision regarding crypto exchanges accounts. On Monday, Dec. 4, the Chilean Supreme Court welcomed the decision of state-owned Banco del Estado to close the accounts of local cryptocurrency exchange Orionx. The new phase in the legal battle between the banks and several crypto exchanges — including Buda.com […]

International Crypto Standards: Will They Come From the Community or Governments?

December 6, 2018 cashtechnews

International standards for crypto are coming, but at what cost to innovation? There are over 2,000 different coins in existence right now, each with their own unique characteristics, uses and communities, while there are masses of different blockchains, platforms and exchanges — all of which answer to competing needs and values. On the one hand, […]

G-20 Summit Results: Crypto Is Important for Global Economy, Needs to Be Regulated and Taxed

December 5, 2018 cashtechnews

Recap of the G-20 summit in Argentina. Members of the Group of 20 (G-20), an international forum for the governments and central banks of countries with developed and developing economies, addressed cryptocurrencies in their recent declaration on sustainable development of the global economy. Declaration summary: Crypto is important, but it needs to be put under […]

Abu Dhabi Global Market Concludes First Phase of Blockchain-Based KYC Project

December 5, 2018 cashtechnews

Abu Dhabi Global Market, an international financial free zone within the capital of the United Arab Emirates, has concluded the first phase of its blockchain-based KYC project. An international financial free zone within the capital of the United Arab Emirates (UAE) has concluded the first phase of its blockchain-based Know Your Customer (KYC) utility project, […]

US Treasury Official Calls on Crypto Industry Players to Combat Illicit Use of Crypto

December 4, 2018 cashtechnews

A U.S. Department of the Treasury official has urged crypto industry players to jointly fight against fraudulent activity and the misuse of digital currencies. The U.S. Department of the Treasury Under Secretary for Terrorism and Financial Intelligence Sigal Mandelker urged crypto industry players and regulators to prevent the illicit use of cryptocurrencies in a speech […]

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