Crypto traders explain they are not surprised by Deribit’s move to Panama, explaining more companies may follow. Crypto traders see potential for other market platforms to exit after crypto derivatives exchange Deribit announced a move to Panama from its EU base in the Netherlands. “This is something they had hinted at in an interview months […]
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Facebook CEO Mark Zuckerberg says the digital world needs governing, pointing toward government regulation but also community self-governance as potential solutions. Facebook CEO Mark Zuckerberg said the digital world needs oversight, mentioning government regulation as a potential solution but calling community self-governance “another and perhaps even better way.” “One of the big questions for the […]
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5AMLD comes into effect on Jan. 10, and cryptocurrency service providers are required to go along with it. The European Union’s 5th Anti-Money Laundering Directive (5AMLD) came into effect today, January 10. The regulation was entered as law on July 9, 2018 in an effort to bring increased transparency to financial transactions for pushing back […]
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Crypto exchange Deribit leaves the Netherlands for Panama to avoid demanding EU regulations that the Dutch nation might adopt. Crypto derivatives exchange Deribit is leaving the European Union for Panama to avoid new AML rules while changing its Know Your Customer (KYC) requirements. Deribit B.V., the current Netherlands-based company responsible for the Deribit.com exchange, will […]
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We asked prominent crypto and blockchain actors how they would summarize the year 2019 for the industry. Alexander Zaidelson, CEO of Beam I think the year of 2019 was a year of big hopes for wider adoption and some disappointments. The Libra debacle was one of the big events that, in my view, influenced the […]
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From Switzerland and Malta to North Korea and Iran: Overview of experimental crypto regulations around the globe. This is the final part of a three-part series covering the regulatory landscape for cryptos in 2019 and thinking about the prospects for 2020. The first two parts covered the “Insiders” of Europe, North America and the Pacific […]
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Crypto lending is fast becoming an important sector in the crypto market, hence the need to review the top crypto lending platforms. The proliferation of crypto lending platforms is the latest crypto solution bridging the gap with the traditional financial industry. These platforms offer institutional and retail investors the opportunity to access banking services previously […]
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There were 12 major cryptocurrency exchange hacks in 2019. In total, over $292 million and over 500,000 pieces of customer data were stolen. Twelve major cryptocurrency exchange hacks occurred in 2019. Of these, 11 hacks resulted in the theft of cryptocurrency while one only involved stolen customer data. In total, $292,665,886 worth of cryptocurrency and […]
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An overview of the stances of the U.S., countries of Western Europe and the Pacific Rim toward crypto regulation. In 2019, we witnessed crypto regulations leave the domain of stuffy legal pontification and enter the realm of geopolitics (as a stuffy legal pontificator, I have mixed feelings about this). We saw President Trump tweet about […]
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Has 2019 lived up to the expectations of the crypto community and those working in the industry, and what are the biggest disappointments? Disappointment isn’t always a bad thing. It can be a spur, motivating one to work harder to meet expectations and goals. It is in this spirit that Cointelegraph informally surveyed members of […]
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