FCA Requires Crypto Firms To Report Financial Crimes
FCA has introduced a new policy that requires crypto companies to share reports about financial crimes. This move is meant to help curb money laundering activities in the UK. This announcement is not the first attempt by the FCA to inject
Bitcoin Suisse Denied For Swiss Banking License
Bitcoin Suisse’s application for a license has hit a roadblock as the Swiss Financial Market Supervisory Authority may likely not sign the approval. The Swiss regulator announced that the current application of Bitcoin Suisse is not eligible for approval due to
South African Regulations Tighten On Cryptocurrency
South African financial watchdog, the Financial Sector Conduct Authority (FSCA), wants to intensify efforts to regulate all digital assets in the country. The proposal is coming following the recently increased market activities within the crypto sector and the rise in fraud
World Economic Forum Featured Two Cryptocurrency Sessions
As evidence that shows digital assets’ gaining adoption by the mainstream, the upcoming Davos Agenda’s World Economic Forum recently featured two different sessions on cryptocurrency. The sessions held on Monday and Thursday of this past week, were titled “Resetting Digital Currencies.” Five
Early Bitcoin Mixer Fined $60 Million
According to a recent announcement by the US Treasury's FinCEN (Financial Crimes Enforcement Network), the owner of early Bitcoin mixers Helix and Coin Ninja was fined $60 Million. The founder, Larry Dean Harmon, was accused of using his mixing services for
Stricter Crypto Regulations Coming to Russia
Secure Crypto With Ledger As cryptocurrency becomes more mainstream, the regulations that governments and financial regulators across the globe will try to impose will increase. Even now there has been no shortage of regulations of investors in the crypto space. Some of
New U.S. Regulatory Framework Benefits Crypto Exchanges
Buy, Sell, Trade Bitcoin in U.S. We have been the first to complain about the United States being behind the times when it comes to blockchain and cryptocurrency. But now it looks like some regulators might be taking a step in
Stricter Crypto Taxation Coming To South Africa
We’ve discussed cryptocurrency regulations many times in the past. Most always, heavy, not well constructed crypto regulations almost always have an adverse affect on the space… and if not the cryptocurrency space as a whole, at least within the country
Kik Shuts Down Messaging App To Fight SEC
Ted Livingston, the CEO of Kik Interactive, announced that the firm is shutting down it's messaging app, Kik Messenger. According to Livingston, they are shutting the messenger down as the company moves to solely focus on its cryptocurrency named Kin. As
Tax Laws in Portugal Make Country Attractive For Crypto Holders
[break] It’s no surprise, like most things in this world, countries across the globe have differing opinions on things