Cryptocurrency Analysis and News Portal
The Swiss Financial Market Supervisory Authority, or FINMA, has authorized InCore bank to carry out digital assets transactions, allowing customers worldwide to access and transact within the bank.The official announcement represents an important step in creating a blockchain-friendly environment across the EU banking sector. InCore bank becomes the first Swiss
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Ripple CEO Brad Garlinghouse has urged United States regulators “to step up and lean into digital currencies” to avoid falling behind China in the field.In a tweet posted May 26, Garlinghouse warns that “remaining complacent is actually setting us back,” citing an article suggesting that China’s long-touted central bank digital
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Dr. Steven Waterhouse, a founding partner of Pantera Capital and the CEO of Orchid (OXT), believes that the U.S. government will not let a private enterprise challenge the dollar.In an interview recorded prior to Telegram announcing it had given up on its blockchain project, Dr. Waterhouse said the U.S. government
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Huobi Token has become the first international exchange token approved by Japanese regulators, after the Financial Services Agency (FSA) approved HT as a compliant crypto asset able to trade in the world's second largest digital asset market from May.Only 25 other tokens have been approved on the FSA’s whitelist at
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Following an overhaul of Libra’s original white paper that was met with strong skepticism from United States policymakers, a member of the House Financial Services Committee — Democrat Rep. Sylvia Garcia from Texas — has come out and stated that the updated version of Facebook’s white paper does not contain
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According to a study released by the G-20’s Financial Stability Board on April 14, stablecoins pose a pertinent risk to the financial stability of the global economy and therefore need to be regulated in a manner that is not only meticulous but also future ready. Additionally, as per data released by
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The Commercial Court of Nanterre’s Feb. 26 ruling that Bitcoin (BTC) is a fungible, intangible asset sent some ripples through the French crypto community, and beyond. This may seem surprising, given that this was a lower court decision and, moreover, one that did not declare BTC a currency or
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New York City’s mayor Bill de Blasio declared a state of emergency in response to the coronavirus outbreak yesterday. “The only analogy is war,” he said — and the consequences for the crypto industry, as for all others, are sobering.Even ahead of de Blasio’s action, the New York Department
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Authorities in crypto-friendly Hong Kong have revealed that the nation is making plans to further increase regulatory oversight on bitcoin (BTC) trading venues and crypto-related businesses operating in the state, in accordance with the recommendations of the Financial Action Task Force (FATF), according to a speech on February 26, 2020. Hong
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Facebook’s plans to launch its cryptocurrency Libra this year has more than a few agencies in the European Union and the United States wondering what to do. While government bodies around the world are working to better understand crypto, regulations and laws pertaining to stablecoins aren’t being implemented quickly
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