The Irish Cabinet has approved stricter laws to deal with money laundering, including crypto use in funding terrorism. The Cabinet, the executive organ of the government of Ireland, has approved a bill that would give effect to the European Union (EU) Fifth Anti-Money Laundering (AML) Directive, the Irish Times reported Jan. 3. The directive — […]
Continue ReadingNew York state assemblyman Clyde Vanel has announced the creation of a crypto task force aimed at studying how to properly regulate, use, and define digital currency. An assemblyman of the New York state (NYS) legislature announced in a Facebook post on Jan. 3 that the state will have the nation’s “first” cryptocurrency task force. […]
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The Japanese Financial Services Agency has received 190 cryptocurrency exchange license applications. The Japanese Financial Services Agency (FSA) received 190 cryptocurrency exchange license applications, an unnamed FSA staff member told Cointelegraph Japan on Dec. 28. The FSA has given the local crypto industry self-regulatory status, certifying the Japanese Virtual Currency Exchange Association (JVCEA) to oversee […]
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Markets are tentatively recovering after hefty losses hit all major cryptocurrencies yesterday on Christmas Day. Friday, Dec. 26 — crypto markets are tentatively recovering after hefty losses hit all major cryptocurrencies yesterday on Christmas Day. All of the top 10 coins by market cap are seeing mild losses or gains of within a three percent […]
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The fintech and crypto leader for Asia at PricewaterhouseCoopers (PwC) believes that many institutional players will enter the crypto space in 2019. Henri Arslanian, the Asia fintech and crypto leader of PricewaterhouseCoopers (PwC) Hong Kong, has predicted that many institutional players will enter the crypto industry in 2019. Arslanian made this claim during an interview […]
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sponsored A fintech company is launching a new system of remittances that’s designed to help consumers avoid fluctuations in value when sending crypto around the world. A Japanese fintech company has unveiled a system that is designed to address the price volatility seen when cryptocurrencies are used for remittances. Atom Solutions says that, at present, […]
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VCTRADE, the cryptocurrency exchange owned by Japanese financial giant SBI Holdings, started accepting crypto deposits. VCTRADE, a crypto exchange recently launched by Japanese financial giant SBI Holdings, has implemented Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) deposits. The company has revealed this in a press release published Dec. 21. The announcement further notes that the […]
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The Chinese fintech incubation zone located in China’s Guangdong province has officially started operations. The Chinese fintech incubation zone located in the Guangdong province has officially started its operations, Chinese news outlet Chinese Software Developer Network (CSDN) reports Dec. 21. According to the article, the zone — which officially opened Dec. 20 — has a […]
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Getting covered by insurers is a major issue for crypto players “despite their best efforts,” Big Four auditor PwC has said. Cryptocurrency businesses find it “almost impossible” to get insurance and this is deterring investors, Big Four auditor PricewaterhouseCoopers (PwC) told Reuters Dec. 20. In comments focusing on the global fintech market, Henri Arslanian — […]
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sponsored A fintech company is vying to make the markets “absolutely transparent and fair” by enabling crypto owners to trade stocks, commodities and equities without paying any fees. A fintech company is taking on the retail trading industry and giving crypto owners the opportunity to use digital currencies as collateral and to trade across markets […]
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