Australian Home Affairs Minister Says Terrorists Use Crypto to Obfuscate Crimes

Australian Minister of Home Affairs Peter Dutton warned that terrorists are exploiting cryptocurrencies to “fund their deadly missions.” The Australian Minister of Home Affairs Peter Dutton warned that terrorists are exploiting cryptocurrencies to “fund their deadly missions.” During a counter-terror conference in Melbourne on Nov. 7, Dutton said that the anonymity of cryptocurrencies allow extremists […]

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Canada Pushes to Regulate Crypto Adoption, Forgoing Volatile BTC Past

Canada’s volatile history of mainstream adoption and fraud is directly impacting the future of cryptocurrency in the country. Recently, Canada’s central bank has been leading working groups with global partners exploring a blockchain future. Their crypto presence has soared with Ernst & Young’s announcement that it is using Toronto to test its public government expenditure […]

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US Financial Watchdogs Join UK’s Global Financial Innovation Network

The Global Financial Innovation Network — an alliance of 50 organizations aimed at supporting financial innovation — welcomes several U.S. regulatory agencies. The Global Financial Innovation Network (GFIN) — an alliance of 50 organizations aimed at supporting financial innovation —  has onboarded an array of United States regulatory agencies. According to an Oct. 24 press […]

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Libra Hearing Fails to Assuage Senior Lawmakers’ Concerns

Financial Services Committee Chair Maxine Waters said that she is still not pleased with Facebook’s proposed Libra stablecoin. Following testimony before the United States House of Representatives Financial Services Committee earlier today, lawmakers are still concerned about the possible launch of the Libra stablecoin. On Oct. 23, legislators heard statements from Facebook CEO Mark Zuckerberg and posed […]

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US Treasury Agrees on Need to Observe Libra After Congressman’s Request

The U.S. Department of the Treasury said it will monitor Facebook’s Libra stablecoin and associated wallet Calibra following a letter from Rep. Emanuel Cleaver. The United States Department of the Treasury has agreed to the need for an investigation into Facebook’s forthcoming Libra stablecoin following a letter from Representative Emanuel Cleaver. Per a press release […]

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