Russian Regulator Tells Financial Action Task Force Members To Control Crypto Circulation
Russia is urging members of the FATF to keep tabs on crypto in their jurisdictions Go to Source Powered by WPeMatico
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UK: New Report Warns Over ‘Bad’ Government Cryptocurrency Regulation
According to the document seen by the Telegraph, “bad regulation is worse than no regulation at all” Go to Source Powered by WPeMatico
Wrapped Bitcoin Is Coming to Ethereum
Bitcoin core is poised to make its Ethereum debut. An initiative involving several decentralized exchanges (DEXs) as well as crypto-custodians Bitgo will see BTC become WBTC, with the W standing for “wrapped.” When WBTC launches in January 2019, it will enable ethereum-based bitcoin to be traded on DEXs, boosting liquidity and opening the Ethereum ecosystem … Read more
Japanese Financial Watchdog Grants Self-Regulatory Status to Local Crypto Exchanges
A self-regulatory body, the Japan Virtual Currency Exchange Association, has been certified to oversee the local crypto industry and plans to increase staff Go to Source Powered by WPeMatico
The US Is Sending Money Offshore by Bumbling Crypto Regulation
Regulation is still a contentious subject that splits the crypto community down the middle. But after all the abuses witnessed to date, it’s hard to swallow the argument that the industry needs no regulating at all. That it will stifle innovation and kill off the beautiful utopia created by… hacks and scams and investors getting … Read more
Swiss Financial Association Publishes Anti-Money Laundering Standards for Digital Assets
The independent Swiss Capital Markets and Technology Association (CMTA) has published anti-money laundering standards for digital assets and DLT in the financial market Go to Source Powered by WPeMatico
Financial Action Task Force Adopts Changes to Standards Covering Virtual Currencies
The Financial Action Task Force has introduced changes to its anti-money laundering and terrorism financing rules covering digital currency-related firms Go to Source Powered by WPeMatico
Blockchain Surveillance Firm Partners With Cryptocurrency Exchange Binance
On Oct. 17, the world’s largest cryptocurrency exchange by volume, Binance, announced a partnership with blockchain surveillance company Chainalysis. According to the exchange, Chainalysis has implemented a compliance solution that meets regulatory guidelines worldwide. Also read: Bizarro World: Federated Sidechain Technology Promoted Over Nakamoto Consensus Binance Is Using Chainalysis for Compliance According to a press … Read more
Binance Increases Anti-Fraud Measures With Chainalysis Partnership
Binance’s international AML/KYC compliance obligations have led it to partner with crypto industry company Chainalysis Go to Source Powered by WPeMatico
Crypto Exchange Hack Losses Already 250% Higher Than 2017, Q3 Report Shows
CipherTrace Q3 2018 report: losses caused by crypto exchange hacks hit $927 million in the first nine months of 2018, already 250 percent higher than throughout all of 2017 Go to Source Powered by WPeMatico
