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Taiwan is Tightening Regulations on Crypto Exchanges, Possible Pressure From China?

November 26, 2018cashtechnews

Taiwan has implemented new AML regulations on crypto exchanges. Was it influenced by China? On November 2, Taiwan officially tightened anti-money laundering (AML) policies targeted at crypto exchanges, requesting exchanges to monitor and prevent any illegal transaction processed using digital assets. According to the newly drafted Money Laundering Control Act and Terrorism Financing Prevention Act […]

Ohio Congressman Wants to Allow ICOs to ‘Sidestep’ Securities Laws

November 15, 2018cashtechnews

Warren Davidson, Republican congressman for the 8th district of the U.S. state of Ohio, plans to introduce a bill that would allow ICOs to “sidestep” securities laws. Ohio Congressman Warren Davidson plans to introduce a bill that would allow Initial Coin Offerings (ICOs) to “sidestep” U.S. securities laws, according to a report from Washington Examiner […]

US: Acting AG Backed Alleged ‘Invention-Promotion Scam’ Touting ‘Time Travel’ Crypto

November 15, 2018cashtechnews

Acting U.S. attorney general Matthew G. Whitaker is being scrutinized for putting his weight behind an alleged scam that touted a pseudo time travel crypto, among other inventions. Acting U.S. attorney general (AG) Matthew G. Whitaker has come under fire for his association with an allegedly fraudulent patent company that involved cryptocurrency, U.S. news journal […]

Rep. Waters Eyes More Oversight Of Wells Fargo, Deutsche Bank

November 13, 2018November 13, 2018cashtechnews

Rep. Maxine Waters, the Los Angeles congresswoman, is expected to set her sights on Wells Fargo and Deutsche Bank when she becomes head of the House Financial Services Committee in January. According to a report in the Los Angeles Times, Waters is expected to become the head of the powerful committee and told the Los […]

Skirting the Great Wall, Part Three: The Paradox of Cryptocurrencies in China

November 12, 2018cashtechnews

In the last of Cointelegraph’s three part series on the history of crypto in China, we look at the apparent anomalies that govern crypto’s use, ownership, and legal status in the country. Next month marks the fifth-anniversary of the People Bank of China (PBoC)’s very first crypto regulatory intervention, with the issuance of its ‘Notice […]

Trend of Global Crypto Mining: Despite the US-China Trade War, Activity Surges as Samsung and GMO Enter

November 2, 2018cashtechnews

Despite the breakeven cost of Bitcoin mining at nearly $8,000, the demand for mining is increasing. Throughout 2018, the cryptocurrency market experienced the fourth worst correction in its nine-year history, as Bitcoin lost more than 69 percent of the value from its all-time high of $19,500. Despite the substantial decline in the price of Bitcoin […]

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

October 25, 2018cashtechnews

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 […]

Chinese Mining Hardware Manufacturers to Fall Under US Tariff Increases

October 18, 2018cashtechnews

Major Chinese mining hardware manufacturers could fall under new U.S. tariffs on Chinese-manufactured goods, reaching as high as 25 percent. Major mining hardware producers, such as Bitmain, Canaan and Ebang, could be affected by recently imposed U.S. sanctions on Chinese goods, Hong Kong’s English-language newspaper South China Morning Post (SCMP) reports Tuesday, Oct. 16. Analysts […]

Former Economic Adviser to US President Trump Joins Blockchain Startup Board

October 12, 2018cashtechnews

A former economic adviser to U.S. Pres. Donald Trump has joined the board of blockchain-related tech company Spring Labs. Gary Cohn — former chief economic adviser to U.S. Pres. Donald Trump — has joined the board of advisers of blockchain-related tech company Spring Labs, according to a press release published, Oct. 12. In addition to […]

The Fed Raised Interest Rates & the Dow is Down. What About Crypto?

October 11, 2018May 10, 2020Dennis Consorte

While most people in the US have been distracted by Democratic and Republican Senators bickering over what now Justice Brett Kavanaugh was up to 36 years ago, a lot has happened in the world of finance, and it directly impacts how we should think of the digital currency marketplace. Mainstream media is fixated on how […]

Tag: trump

Taiwan is Tightening Regulations on Crypto Exchanges, Possible Pressure From China?

Ohio Congressman Wants to Allow ICOs to ‘Sidestep’ Securities Laws

US: Acting AG Backed Alleged ‘Invention-Promotion Scam’ Touting ‘Time Travel’ Crypto

Rep. Waters Eyes More Oversight Of Wells Fargo, Deutsche Bank

Trend of Global Crypto Mining: Despite the US-China Trade War, Activity Surges as Samsung and GMO Enter

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

Chinese Mining Hardware Manufacturers to Fall Under US Tariff Increases

Former Economic Adviser to US President Trump Joins Blockchain Startup Board

The Fed Raised Interest Rates & the Dow is Down. What About Crypto?

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