The German Federal Ministry of Finance has expressed concerns about using privacy tokens due to their association with criminal activities and difficulties to track them down. The German Federal Ministry of Finance has expressed concerns about rising use of privacy tokens due to their association with criminal activities and difficulties in tracking them. Published on […]
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The prosecutor for the Silk Road case says that the fiat-dominated financial system is inept at tackling the very thing it purports to worry about when it comes to Bitcoin. Kathryn Haun — a general partner at Andreesen Horowitz and the Justice Department’s prosecutor for the infamous Silk Road case —- says that the fiat-dominated […]
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FinCEN Director Kenneth Blanco says that the agency expects fintech firms that provide anonymous services to comply with Anti-Money Laundering standards. The United States Financial Crimes Enforcement Network (FinCEN) Director Kenneth Blanco spoke at the University of Georgetown where he made it clear that Anti-Money Laundering (AML) laws apply to everyone. On Oct. 21, banking […]
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Cointelegraph Japan presents a weekly digest of selected cryptocurrency- and blockchain-related news. The cryptocurrency- and blockchain-friendly country of Japan has seen a number of significant developments for the industries this past week. A self-regulatory organization has introduced guidance for cryptocurrency custodians, while a subsidiary of major financial services firm SBI Holdings will conduct compliance policies […]
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The potential loss of Libra could be Bitcoin’s gain as the Facebook-led crypto project faces increasing regulatory challenges. Facebook’s dream of being a cryptocurrency giant is seemingly becoming more distant by the day, as increasing regulatory uncertainty continues to jeopardize the company’s Libra project. While Libra has been surrounded by anything but good news even […]
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The SEC halts Telegram’s $1.7 billion token offering in a massive setback for TON, and Mark Zuckerberg is going to testify in front of Congress. Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions […]
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Can a DEX be fully exempt from regulations in the current landscape, and what does it take to be free in the world of crypto? Earlier this week, British-American entrepreneur John McAfee, who is currently living “in exile” due to tax-related charges filed against him by the United States authorities, launched his own decentralized exchange […]
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The chairs of the U.S. SEC, CFTC and FinCEN have issued a rare joint statement urging digital asset holders to comply with AML/CFT regulations. The chairmen of the three primary financial regulators in the United States have released a joint statement warning crypto users of anti-money laundering (AML) and countering the financing of terrorism (CFT) […]
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As the deadline for the so-called travel rule looms, crypto exchanges and issuers are responding to the pressure. Regulators are clamping down on cryptocurrency, and companies around the world are feeling the strain. In late June, one of the most authoritative regulatory organizations worldwide, the Financial Action Task Force (FATF), issued new guidelines on how […]
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Kim Dotcom set to launch an IEO on Bitfinex for a project that will improve the digital content business. Kim Dotcom, the controversial internet entrepreneur and founder of the now-defunct file storage platform Megaupload, is making a comeback in the digital content business. This time, instead of a platform that allows users to download copyright […]
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