Germany’s WEG Bank receives green light from Estonia to serve as a crypto custodian. German bank WEG Bank obtained a cryptocurrency trading and custody in Estonia. WEG Bank confirmed in a tweet published on Aug. 25 that it obtained a crypto trading and custody license in Estonia. Estonia greenlights German bank to trade and hold […]
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Switzerland’s Financial Market Supervisory Authority has released guidance on regulatory requirements for payments on the blockchain under FINMA supervision. Switzerland’s Financial Market Supervisory Authority (FINMA) has released guidance on regulatory requirements for payments on the blockchain under FINMA supervision. The new guidance for virtual asset service providers, published on Aug. 26, applies to blockchain service […]
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Following a visit to Switzerland to discuss Facebook’s Libra stablecoin, U.S. Representative Maxine Waters still has concerns about the project. Following a visit to Switzerland to meet with the country’s financial regulators, United States lawmakers are still concerned over Facebook’s proposed cryptocurrency project, Libra. Meetings with multiple agencies According to an official statement from Representative […]
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With Coinbase becoming the world’s largest institutional custodian of digital assets, the crypto community is left to wonder what it means for the industry… The major digital asset services platform Coinbase has recently announced the long-anticipated completion of a deal that has been in progress since at least May: the acquisition of Xapo’s institutional business. The move […]
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A man apprehended for selling two pounds of meth to an undercover agent pleaded guilty to running a $25 million money-laundering scheme using Bitcoin. A Los Angeles man pleaded guilty to running a $25 million Bitcoin (BTC) money laundering scheme and sale of methamphetamine. Possible life sentence News outlet U.S. News reported on Aug. 23 […]
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Facebook’s Libra remains hot on the agenda despite the fact that no new announcements have come; instead, the world continues to react to the stablecoin… Over the past few days, a number of Libra-related announcements have been made — only, they weren’t from Facebook, the Libra Association, Calibra wallet or any other party involved in […]
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Swiss private bank Maerki Baumann has had a deluge of over 400 new clients wanting to tap its future blockchain offerings since it revealed its interest in the sector. Swiss private bank Maerki Baumann has had a deluge of over 400 new clients wanting to tap its future blockchain offerings since it revealed its interest […]
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The White House named Bitcoin, Bitcoin Cash, Ethereum and Monero among the methods of buying illicit substances such as fentanyl in the United States. On Aug. 21, the White House issued two advisories regarding illicit drug purchases in the United States that contain references to the specific cryptocurrencies allegedly used as a part of this […]
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A delegation of the United States House of Representatives will visit Switzerland on cryptocurrency concerns, with Facebook’s stablecoin Libra being in the focus. A delegation of the United States House of Representatives will visit Switzerland on cryptocurrency concerns, with Facebook’s not-yet-released stablecoin Libra being in the focus. As local weekly news outlet NZZ am Sonntag […]
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Global investor sentiment toward the crypto industry seems to have shifted in recent years. Here’s how the regulations surrounding this space look in 2019… As the global investor community starts to become increasingly aware of what crypto has to offer, it appears as though this burgeoning asset class is becoming more and more accepted. This […]
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