Russian Regulator Tells Financial Action Task Force Members To Control Crypto Circulation

The vice president of Russia’s financial monitoring service supports wide-reaching regulatory oversight of cryptocurrency circulation. All member states of the Financial Action Task Force (FATF) should adopt its recommendation to control the exchange of cryptocurrency, their storage and more, Russian daily news outlet Izvestia quoted a government regulator as saying Monday, Oct. 29. The Paris-based […]

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Central Bank-Issued Digital Currencies: Why Governments May (or May Not) Need Them

Japan’s central bank doesn’t want a CBDC. What about others? On October 20, The Bank of Japan’s (BOJ) deputy governor, Masayoshi Amamiya, repeated his negative stance towards central bank-issued digital currencies (CBDC), claiming that such digital currencies are unlikely to improve the existing monetary systems. The concept of CBDC, or national cryptocurrencies, has attracted many […]

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Crypto Markets Keep Trading Sideways, Remaining Relatively Stable Over the Past 10 Days

Crypto markets have continued trading sideways today, remaining relatively stable over the last 10 days. Wednesday, Oct. 24: crypto markets have continued trading sideways today, remaining relatively stable over the past 10 days, according market capitalization data from CoinMarketCap. Most of top 20 cryptocurrencies by market cap have seen insignificant fluctuations over the past 24 […]

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Japanese Financial Watchdog Grants Self-Regulatory Status to Local Crypto Exchanges

Japan’s Financial Service Agency has certified self-regulatory body JVCEA to oversee the local cryptocurrency industry. Japan’s Financial Services Agency (FSA) has given the local crypto industry self-regulatory status, certifying the Japanese Virtual Currency Exchange Association (JVCEA) to oversee the space, Cointelegraph Japan reports Wednesday, Oct. 24. The FSA expects the self-regulatory body to set rules […]

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