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Director of FinCEN Affirms That Cryptocurrency Industry Is in Line With Agency Regulations

Director of FinCEN Affirms That Cryptocurrency Industry Is in Line With Agency Regulations

The director of FinCEN (Financial Crimes Enforcement Network) Kenneth. A Blanco believes that the cryptocurrency industry is starting to fall in place with the agency’s regulations on money transmission services.

Facebook’s Libra Launch Will Be Halted Until Proper Regulations Are Set, According to G7 Draft

Facebook’s Libra Launch Will Be Halted Until Proper Regulations Are Set, According to G7 Draft

A G7 statement showed that the financial leaders of the world’s seven largest economies will oppose the launch of Libra.

Ripple Swell 2020: Clear Regulations and CBDC Will Drive Cryptocurrency Adoption Forward

Ripple Swell 2020: Clear Regulations and CBDC Will Drive Cryptocurrency Adoption Forward

Financial leaders virtually discussed the regulatory framework for crypto assets and how crypto adoption could be driven forward.

Ripple CEO Says DOJ Report Offers No Regulatory Clarity, XRP Price Not Influenced

Ripple CEO Says DOJ Report Offers No Regulatory Clarity, XRP Price Not Influenced

The tightening regulations on cryptocurrency raise many concerns in the community, the DoJ’s new guidance around cryptocurrency enforcement has Ripple’s CEO concerned.

MAS Proposes New Regulations to Tighten Crypto Business Activities

MAS Proposes New Regulations to Tighten Crypto Business Activities

The Monetary Authority of Singapore (MAS) has published a consultation paper proposing a new set of regulations that may stiffen the emergence and activities of crypto industries in the country. Despite the proactive strides of the MAS towards the development of the country’s central bank digital currency (CBDC), the apex bank is set to reinforce its regulations on digital currencies.

Russia Updates Regulations on Crypto Transactions, Harsh Fines Reserved for Defaulters

Russia Updates Regulations on Crypto Transactions, Harsh Fines Reserved for Defaulters

Russia’s Ministry of Finance has issued an amendment to its current cryptocurrency regulations. The amendments also come with stricter sanctions.

Ripple CEO Hints at Firm's Likely Move from US after DOJ Report

Ripple CEO Hints at Firm's Likely Move from US after DOJ Report

Ripple's Chief Executive Officer has hinted that unfavorable regulations may force the company to relocate its headquarters out of the United States.

“New FATF regulations will bite next year” NexChange Interview Series with Adam Vaziri, CEO of Blockpass, Part 1

“New FATF regulations will bite next year” NexChange Interview Series with Adam Vaziri, CEO of Blockpass, Part 1

Sign up for Block O2O event “STO: Blockchain Powered Next-level Fintech” on Nov 5th 2019 and get to listen to Adam and Blockpass team’s vision of STO operational hurdles and solution – in person!

Congress Members “Express Concern” Over Treasury’s Potential Crypto Wallet Regulations

Congress Members “Express Concern” Over Treasury’s Potential Crypto Wallet Regulations

Four members of Congress have expressed concerns in a letter to the US Treasury Secretary Steven Mnuchin, over their rumored self-hosted crypto wallet regulation ban.

Malaysian Authorities to Extend Crypto Regulations to Wallet Providers

Malaysian Authorities to Extend Crypto Regulations to Wallet Providers

The Malaysian Securities Commission plans to extend crypto regulations to wallet providers in the country owing to their importance in the cryptocurrency ecosystem.

Hong Kong’s Securities and Futures Commission Sets New Regulations for Crypto Exchanges

Hong Kong’s Securities and Futures Commission Sets New Regulations for Crypto Exchanges

The Securities and Futures Commission, Hong Kong’s financial regulatory has set out new regulations for Bitcoin and cryptocurrency exchanges on Oct. 6. Announced by Ashley Alder, Chief Executive of the Hong Kong SFC made an announcement in his speech at the Hong Kong FinTech Week 2019. Following his speech, the SFC also published a new regulatory approach to “virtual asset trading platforms,” on its website.

Why Hong Kong is Still Not Ready to Become Asia's Leader in Crypto and Blockchain

Why Hong Kong is Still Not Ready to Become Asia's Leader in Crypto and Blockchain

During a live webinar, as part of the UK FinTech Week, Clara Chiu, the Head of Fintech Unit & Director of Licensing at the SFC explicitly stated that Hong Kong does not have the mandate to create a large regulatory regime for cryptocurrencies or to attract more investors or players in the crypto field. Rather than promoting the crypto sector, Hong Kong is rather focused on protecting investors and promoting new regulations for the same reason. Is focusing on licensing enough for the city?

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