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Japan’s Financial Watchdog Seeks to Regulate Unregistered Crypto Investment Firms

January 8, 2019cashtechnews

Japan’s Financial Services Agency is considering the regulation of unregistered firms that solicit investments in cryptocurrencies. Japan’s Financial Services Agency (FSA) is considering the regulation of unregistered firms that solicit investments in cryptocurrencies, Cointelegraph Japan reports on Jan. 8. The development is reportedly a bid to close a loophole in the country’s existing regulatory framework, […]

Five More Exchanges Join Japan’s Self-Regulatory Crypto Exchange Association

January 5, 2019cashtechnews

Five more cryptocurrency exchanges have joined Japan’s self-regulatory crypto exchange body. Five more cryptocurrency exchanges have joined the Japan Virtual Currency Exchange Association (JVCEA), according to an official announcement on Jan. 4 from the JVCEA. The JVCEA is a self-regulatory body formed in April by 16 registered crypto exchanges that aims to create industry-wide investor […]

‘Crypto Needs Rules’ Says New Gemini Ad Campaign

January 4, 2019cashtechnews

The Gemini cryptocurrency exchange has launched a new ad campaign, in which it calls for better regulation of the crypto space. The Gemini cryptocurrency exchange founded by the Winklevoss twins in 2014 is calling for better regulation of the crypto space in a new ad campaign, the Wall Street Journal (WSJ) reports on Jan. 4. […]

Crypto Is Tightening Up Its Anti-Money Laundering Game, While Banks Are Still Being Fined for Non-Compliance

January 4, 2019cashtechnews

Morgan Stanley isn’t the only bank to have been fined recently for Anti-Money Laundering non-compliance. In 2018, barely a month passed without an official at a financial institution or government department calling on crypto to clean up its act. In the last quarter of the year alone, the United States Department of the Treasury, the […]

Japanese Financial Regulator Receives 190 Cryptocurrency Exchange License Applications

December 28, 2018cashtechnews

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 […]

US Lawmakers Introduce Bill to Impose Sanctions on Iranian National Cryptocurrency

December 21, 2018cashtechnews

U.S. lawmakers recently introduced a bill that would impose further sanctions on Iranian financial institutions and its national cryptocurrency. United States lawmakers have introduced a bill to levy further sanctions on Iranian financial institutions and the development and use of the national digital currency. HR 7321 was introduced in the House of Representatives by Rep. […]

Crypto Investment Platform Secures Seed Funding from Peter Thiel, Digital Currency Group

December 20, 2018cashtechnews

Venture capitalist Peter Thiel has purportedly invested in digital currency investment platform Layer1. Venture capitalist and PayPal co-founder Peter Thiel has invested in cryptocurrency investment platform Layer1, according to a press release published Dec. 19. San Francisco-based Layer1 has concluded a $2.1 million seed funding round backed by such industry players as Thiel, crypto-focused venture […]

Peter Thiel-Backed Electronic Brokerage Firm Tagomi Launches

December 17, 2018cashtechnews

The Tagomi digital assets brokerage, which is backed by PayPal co-founder Peter Thiel’s Founders Fund, has launched today. Tagomi Holdings Inc., an electronic brokerage startup backed by PayPal co-founder Peter Thiel’s venture capital firm, has launched, according to a Dec. 17 press release. Tagomi is an electronic brokerage for digital assets. The firm’s offerings include […]

From South Korea to IBM Food Trust – How Blockchain Is Used in the Food Industry

December 15, 2018cashtechnews

How blockchain is feeding an appetite for transparent food supplies. 2018 has witnessed a steady increase in the number of food manufacturers and retailers using blockchains to enhance their operations. From tracking the quality of food to facilitating international trades in grain, blockchain technology has been turning up repeatedly in recent months; and while many […]

Bahrain’s Central Bank Publishes Draft Regulations on Crypto Assets

December 14, 2018cashtechnews

Central Bank of Bahrain has issued a draft of digital assets regulations which includes new licensing requirements for crypto service providers. Bahrain’s central bank has issued draft regulations on digital assets, Reuters reports Friday, Dec. 13. According to Reuters “the central bank said it had issued for consultation draft rules for crypto asset platform operators, […]

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