Category: Bitcoin Regulation
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Latest Fidelity filing outlines mainstream Bitcoin trading product
Mainstream finance continues piling into Bitcoin.
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BitFlyer USA Lands in Hawaii After Regulatory Collaboration
BitFlyer USA has almost all the U.S. covered now.
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IMF Has Another Trick Up Its Sleeve When Fiat Fails – Its Own Coin SDR
[youtube https://www.youtube.com/watch?v=Dlvtd3kMCqc&w=560&h=349] Virtually everybody knows what a dollar is, but not as many know about the SDR. The International Monetary Fund’s (IMF) Special Drawing Rights is an international, monetary reserve system created specifically to address limitations of gold and standard fiat currencies such as the USD. In short, should these fail, central banks and their…
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The Myth of Authority: Mnuchin Denies USD Is Used Criminally
[youtube https://www.youtube.com/watch?v=ydjvvtCpHas&w=560&h=349] U.S. Treasury Secretary Steven Mnuchin has once again weighed in on bitcoin, claiming the U.S. dollar has not been used to finance “nefarious” activity on a recent episode of CNBC’s Squawk Box. Democratic House Representative Maxine Waters also dropped a tasty nugget of a soundbite as well, sharing her thoughts on “bitcom” and…
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New Crypto Guidelines From FATF Have Far-Reaching Implications
[youtube https://www.youtube.com/watch?v=l1-_7bNLWkI&w=560&h=349] The FATF (Financial Action Task Force) has revealed updated guidelines that would require cryptocurrency and digital asset exchanges—and potentially independent business owners and crypto holders—to share sensitive customer information as VASPs (Virtual Asset Service Providers), compromising user privacy and restricting crypto market access. Also read: BCH Development Fund Doubles Its Goal After a…
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Analysis: Understanding the SEC’s Stance on Crypto
Last year the U.S. Securities Exchange Commission took enforcement action against initial coin offerings and other crypto companies perpetrating fraud. Many believe 2019 will be the year when regulators clamp down on rogue cryptocurrency operators. Here we decode the overlapping and occasionally contradictory stance taken by U.S. regulators, and consider what the market can expect.…
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G20 Leaders Declare Commitment to Regulate Crypto Assets
While some countries have taken the lead to regulate various aspects of using cryptocurrencies, many have left the matter completely up in the air. This might soon change as pressure is mounting on governments to develop standards for crypto regulations, as evident by the latest G20 meeting of top politicians from around the world. Also…
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US Regulator Fines and Halts Activities of Fraudulent Tomahawkcoin Issuer
The creator of a fraudulent, oil-related ICO has accepted multiple bans and a $30,000 fine from the U.S. SEC