G20 member countries will reportedly meet to discuss international cryptocurrency anti-money laundering regulation in June in Fukuoka, Japan. G20 member countries will meet to discuss international cryptocurrency Anti-Money Laundering (AML) regulation on June 8 and 9 in Fukuoka, Japan. The news was revealed in a report from local news outlet Kyodo on April 4. Per […]
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A recent report by the WEF states that at least 40 central banks around the world are currently or soon will be experimenting with central bank digital currencies. Dozens of central banks around the world are currently or soon will be experimenting with central bank digital currencies (CBDCs), according to a recent report from the […]
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The Malta Financial Services Authority approves the first 14 crypto assets agents, which filed applications last fall. The Malta Financial Services Authority (MFSA) has approved its first 14 crypto assets agents that previously sought for a license, according to an official statement published today, April 2. The approval comes five months after the Virtual Financial […]
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HitBTC continues its dispute with altcoin Bitcoin Private’s team after delisting the coin following a scheduled coinburn. Cryptocurrency exchange HitBTC appealed to the specificity of its cryptography in an ongoing dispute with the team behind altcoin Bitcoin Private (BTCP). The post was published on HitBTC’s blog on Tuesday, March 26. The dispute involves HitBTC’s delisting […]
Continue ReadingRegtech firm Coinfirm found that 69 percent out of 216 global crypto exchanges do not have “complete and transparent” KYC procedures. Only 14 percent of 216 global crypto exchanges were confirmed as being licensed by regulators, regulatory technology (regtech) startup Coinfirm found in its crypto exchange risk report released on March 27. Coinfirm, а London–based […]
Continue ReadingOKEx, OKCoin founder Star Xu announced OK Group partnership with blockchain-focused trust company, plan to launch stablecoin. Star Xu — founder of exchange services provider OKCoin and the world’s 6th largest crypto exchange OKEx — has announced OK Group’s partnership with blockchain-focused trust company Prime Trust, prospectively allowing the firm to launch its own compliant […]
Continue ReadingBinance has partnered with risk management firm IdentityMind to address the exchange’s KYC and AML compliance. The world’s largest crypto exchange, Binance, has partnered with risk management and compliance firm IdentityMind, Binance announced in a blog post on March 26. The companies have teamed up to address data security and compliance measures for Binance’s global […]
Continue ReadingFinnish Parliament approved new legislation that will provide a legal status for cryptocurrency assets on March 13, 2019. International peer-to-peer (P2P) crypto exchange LocalBitcoins will soon become supervised by the Financial Supervisory Authority of Finland, as the firm announced on its blog on March 25. Helsinki-based LocalBitcoins wrote that the Finnish Parliament approved new legislation […]
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As announced in late 2018, the Swiss Federal Council proposed specific adjustments in the existing federal law for the blockchain industry. The Swiss Federal Council has started its consultation period on the adaptation of federal law for blockchain development, according to an official press release published on March 22. By initiating the consultation, the Federal […]
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American crowdfunding portal SeriesOne partnered with Polymath to enhance raising capital via its security token protocol. United States-based crowdfunding platform SeriesOne has partnered with security token protocol platform Polymath, according to a press release published on March 19. The new partnership intends to create a digital securities offering ecosystem via the SeriesOne platform. According to […]
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