A major U.K. charity fund executive declared during a crypto summit that the recent market crash is just a “bump in the road.” A major United Kingdom charity fund executive said at the Bloomberg Crypto Summit in London this Friday that the recent crypto market crash is just a “bump in the road,” Bloomberg reports […]
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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 […]
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G20 members noted crypto regulation in a declaration on sustainable development adopted in Argentina. The G20 mentioned crypto regulation in its recent declaration on sustainable development adopted in Argentina. The declaration was published on the official website of the Council of the European Union and the European Council Dec. 1. At a meeting in Buenos […]
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Top coins are shaky as Bitcoin falls back below the $4,000 mark, but increased institutional interest — like Coinbase’s new OTC desk — could signal a turnaround. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, […]
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While the top 20 cryptocurrencies are mostly in the red, Bitcoin has been holding above $4,000. Sunday, Dec. 2: the top 20 cryptocurrencies are mostly in the red, according to data from Coin360, after a modest recovery yesterday, Dec. 1. Despite the mild losses, Bitcoin (BTC) is still holding just above the $4,000 mark. Market […]
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Leaders of G20 member countries have started work on an international cryptocurrency taxation system. The G20 countries have called for the taxation of cryptocurrency, as well as its regulation to combat money laundering, Japanese news outlet Jiji.com reports Dec. 2. According to Jiji.com, the final text of a document jointly delivered by G20 leaders calls […]
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Taiwan has implemented new AML regulations on crypto exchanges. Was it influenced by China? On November 2, Taiwan officially tightened anti-money laundering (AML) policies targeted at crypto exchanges, requesting exchanges to monitor and prevent any illegal transaction processed using digital assets. According to the newly drafted Money Laundering Control Act and Terrorism Financing Prevention Act […]
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Bank of America Merrill Lynch (BofA Merrill) is introducing a new solution for other financial institutions (FIs) in the interbank payment system to automate foreign exchange (FX) conversion. The new solution, AutoFX, aims to make it easier for smaller banks to streamline cross-border payments for their customers by automating foreign exchange conversion before the transaction occurs, […]
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Jeremy Allaire has called on the global community to a coordinate crypto regulation in an interview with Reuters. Jeremy Allaire, the CEO of crypto investment app Circle, has called on global economies to develop coordinated regulation of cryptocurrencies in an interview with Reuters Oct. 22. The CEO of the Goldman Sachs-backed crypto firm claimed that […]
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The Financial Stability Board has presented its final report on cryptocurrencies, stating they pose no threats for global markets, at least for now. International central banks and financial officials think that cryptocurrencies pose no significant risks to global economic stability, according to a report published by the Financial Stability Board (FSB) Wednesday, Oct.10. The FSB […]
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