Bank of England Governor Mark Carney commented on the Libra cryptocurrency Facebook launch initiative, stating that it must meet the “highest standards” in global regulation. It is reported by CoinDesk. He noted that the UK Central Bank intends to “very carefully” study the Libra cryptocurrency together with various regulators, including the G7 countries, the Bank for International Settlements, the International Monetary Fund, and the Council […]
Finance
The EU has already responded to the cryptocurrency initiative of Facebook called Libra and called on regulators to study the project carefully. In particular, French Finance Minister Bruno Le May said that the Libra token should not and cannot become a sovereign currency, reports Bloomberg. "This is not discussed at all," he concluded. Le Mayor also called on the central banks of the G7 countries […]
The bill "On digital financial assets" can be adopted by the State Duma of Russia in the second reading over the next two weeks, said Deputy Finance Minister Alexei Moiseyev. Reports about it TASS. "We had a meeting last week … In general, we agreed, now the final text, everyone is watching it … There all decisions have been made, now we are looking at the text, and within two […]
One of the four largest banks in South Korea, Kookmin Bank announced the launch of a cryptocurrency custodial service in cooperation with Atomrigs Lab. It is reported by CoinDesk Korea. According to the publication, the parties to the agreement will study the technology of protecting digital assets and methods of applying smart contracts. It is assumed that the new service for managing digital assets will be a combination of Atomrigs Lab technology and its own infrastructure […]
Within the framework of the St. Petersburg International Economic Forum (SPIEF), the conference “Blockchain Technologies and Cryptocurrencies: Past, Present, Future” was held, where representatives of major industry players discussed the current state and development prospects of the cryptocurrency market. Reports about it DeCenter. In particular, the participants of the meeting were Vitalik Buterin, founder of Ethereum, Chris Lee, Chief Financial Officer of the Huobi Exchange, Ted Lin, Development Director of Binance, President […]
The Polish cryptocurrency exchange Coinroom stopped working, and its operator allegedly stole the users' funds. Reports about this Finance Magnets with reference to local media. So, in early April, customers of the exchange received letters in which the Coinroom notified them about the termination of the contract. Clients were asked to withdraw funds within 24 hours. In case users did not manage to return their […]
Cryptocurrency tokens that have already held initial coin placements (ICO) in previous years can be removed from the laws of the United States. This assumption was made by William Hinman, director of corporate finance at the SEC, reports CoinDesk. “Digital assets can be a tool that will not need such regulation,” Hinmen said […]
The Japanese House of Representatives by a majority vote approved a bill providing for the amendment of national legislation in the field of regulation of Bitcoin and other cryptocurrencies. This writes the Cointelegraph. The new law, which prepared the Financial Services Agency of Japan (FSA), provides for amendments to the two existing regulations on cryptocurrency assets. In particular, we are talking about the “Law on Financial Settlements” and the “Law on […]
The founder of the cryptocurrency exchange Cobinhood and startup Dexon Popo Chen in a letter to the community explained the situation around the platform, which users accused in exit scam. So, Chen stressed that the stock exchange and startup continue to work, and there is no question of any exit scam. “Our company went through a series of unsuccessful incidents that resulted in COBINHOOD Ltd. announced the suspension […]
The owner of the studio Proxima Media, a famous Hollywood producer Ryan Kavano drew $ 100 million to create a token Proxicoin. Coinbase Bitcoin Exchange and the Government of Malta are among the investors of the project, writes CCN. Proxicoin holders will be able to finance the creation of new films, music and television shows. “Users will have access to real studios and managers who are looking for funding. Traditionally, this path is difficult and long, […]