Chinese Residents Benefit From Digital Yuan P2P Test
Although China may not be disposed to completely accepting Bitcoin and cryptocurrencies, the country’s position on its digital Yuan is no longer news. In August we reported about completed testing of the Digital Yuan. In the latest development, China will now
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
Ripple Could Leave U.S. if Regulatory Environment Fails To Improve
Ripple Executive Chairman Chris Larsen hinted that the company may pull out of the U.S. if the country’s regulatory bodies continue to stay very hostile towards cryptocurrency businesses. The chairman made this statement during the LA Blockchain summit yesterday. He mentioned
FinCEN Director Warns Banks of Risks
Money laundering and other illicit activities being carried out with and funded by Bitcoin and other cryptocurrencies has been a staple complaint of governments and financial regulators alike. These authorities and regulators around the world are having serious challenges keeping down
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
Iran’s General Recommends Crypto To Bypass Sanctions
Cryptocurrencies are well-known for various use cases, some of which are already available in practice. While many of the various uses for cryptocurrency hold the potential to move the global economy in a positive direction, there are also some uses
Ukraine Legalizes Crypto Payments
Ukranian Lawmakers of the Verkhovna Rada, the legislative arm of the Ukranian government, have officially adopted a new crypto bill. The bill incorporates Anti-Money Laundering (AML) best practices within the Ukranian crypto legal framework. Ukraine Sees Crypto as Property Cryptos are officially
UK Ends Consultation On Crypto Derivatives Ban
[break] Regulators across the world are making changes to their policies as they seek to accommodate cryptocurrencies. It seems like you can’t go a single day in the crypto space without the SEC charging someone or some country talking about banning
Netherlands Could Ban Foreign Crypto Businesses
[break] As Bitcoin and cryptocurrency gains traction across the globe, many countries are stepping up efforts to ‘properly’ regulate cryptocurrency and crypto related businesses. Governmental regulatory bodies are working towards developing and adopting regulations meant to protect their country’s businesses and economies,