Another win has been chalked up on the side of the crypto industry as Finland is now allowing crypto service providers to operate within its borders. That is, of course, if the said operators meet the requirements by the...
In June, Facebook announced that it plans to launch the Libra digital currency in partnership with other corporate giants that could herald the arrival of a global currency. But the project slammed into a brick wall after...
Yet another Canadian crypto exchange has been shut down following investigation from authorities that the platform may have been engaged in illicit activities. Einstein crypto exchange has recently been seized by the...
The United States stance towards digital currencies has been for the most part leaning on the negative in recent years. However, as other nations, including China, are increasingly looking to create their own digital...
Last year, the United Kingdoms tax agency promised it will provide extensive guidelines for the nascent crypto industry to offer clarity for businesses and corporations dealing with this particular market. Now, Her...
The Financial Action Task Force (FATF) is seeking feedback from regulatory authorities, banks, virtual asset service providers (VASPs) and other regulated entities on its draft guidance on digital identity (ID)...
UKs Financial Conduct Authority (FCA) has published key information for cryptoasset-related businesses ahead of the implementation of the European Unions Fifth Money Laundering Directive (5AMLD) in early 2020, Finextra...
The Securities and Exchange Commission (SEC) has slapped a Switzerland-based security dealer with a cease-and-desist order after it found out that the firm sold unregistered swaps for bitcoin to U.S. investors. The SEC...
As blockchain technology disrupts more areas both in the private sector and government agencies, countries have been looking to adopt the emerging innovation in an attempt to modernize the current system. The latest...
China is now going full throttle with its desire to adopt blockchain technology into multiple industries operating in the country. In a recent maneuver, China announced that its going to be reviewing and providing...
The United Arab Emirates recently drafted a resolution that would aim to regulate cryptocurrencies and provide clarity for any crypto initiatives moving forward. The Securities and Commodities Authority (SCA) has...
For years, China has been wary of cryptocurrency and has posed restrictions regarding anything involving Bitcoin. However, the country is interested in blockchain, the technology that underpins cryptocurrencies. Just...
LabCFTC, an initiative launched by the U.S. Commodity Futures Trading Commission (CFTC) to promote responsible fintech innovation, is being upgraded as an independent office, CoinDesk reported. Originally designed to be...
Facebook CEO Mark Zuckerberg faced members of Congress on Wednesday, October 23, on the social media giants plans to launch its own cryptocurrency. In her opening statement, the committees chairwoman, Rep. Maxine Waters...
As the crypto ecosystem thrives and proliferates, some of its biggest players have intersected with the traditional financial market, causing government agencies to closely monitor its development. Now, the Association of...