Starting next year, German cryptocurrency companies will be required to obtain a license from the Federal Financial Supervision Authority of Germany (BaFin) in accordance with the new legislation on countering money laundering (AML). Reported by the Cointelegraph. So, from January 1, 2020, cryptocurrencies will be considered a financial instrument, in connection with which Bitcoin exchanges and providers of cryptocurrency wallets will be required to obtain a BaFin license […]
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The largest social network Facebook has gained the support of the lobbying firms Sternhell Group, Cypress Group, OB-C Group, as well as law firms BakerHostetler and Davis Polk, which specialize in the field of finance, to help launch and eliminate regulatory issues around the cryptocurrency project Libra. This is reported by Politico. Efforts of lobbyists will be directed to the legislators of the state of Washington in order to achieve a better understanding of the technology […]
On the page of the famous and rather peculiar representative of the bitcoin industry, John McAfee, a message appeared about his possible arrest. Apparently, it was posted by the head of the presidential campaign of McAfee 2020 Rob Benedict Juan Maria Loggia-Ramirez. (1/4) This is @loggiaonfire again. John McAfee, @theemrsmcafee and other companions have been detained by the authorities at […]
The State Duma adopted in the second reading the draft law “On attracting investments using investment platforms” (“On crowdfunding”), which also affects the ICO sphere. According to its provisions, investments by unqualified investors will be limited to 600 thousand rubles a year. Reports about it "Parliamentary newspaper". According to the document, Russian companies and individual entrepreneurs will be able to officially attract money from citizens, individual entrepreneurs and legal entities through […]
Oriented to institutional investors, the lender Genesis Global Capital, a division of the brokerage company Genesis Global Trading from the business empire of Barry Silbert, in the second quarter, processed $ 746 million in cryptocurrency and fiat loans. This exceeded the first quarter by 48%. Genesis Posts Strongest-Ever Quarter with $ 746 Million in New Loan Originations http://t.co/7AM4BUszQi – Barry Silbert (@barrysilbert) July 23 […]
On Tuesday, July 23, the price of Bitcoin once again dropped below the psychological mark of $ 10,000, forming a bearish divergence with trading volumes on the daily and 12-hour charts. Despite the fact that buyers still manage to keep quotes in the area of this important mark, in the short term, the likelihood of further reduction is quite high, says analyst CoinDesk Markets Omkar […]
Bitfinex Bitcoin Exchange believes that on July 7, the New York State Attorney General’s Office (NYAG) misled the State Supreme Court, exaggerating the site’s connections with New York residents. This is stated in a statement by lawyer Stuart Hogner. 450545 2019 in the Matter of the I AFFIDAVIT or AFFIRM 111 by the ForkLog on Scribd So, […]
A test launch of Bitcoin deliverable futures on the Bakkt platform officially started. According to Bakkt, user testing of daily and monthly contracts takes place in a planned manner with the participation of clients from all over the world. Bitcoin Bitcoin Business Day Test
The operator of the mobile application for trading stocks and cryptocurrency Robinhood company Robinhood Markets Inc. announced the closure of a round of financing for the E Series, which resulted in an impressive $ 323 million. The company's capitalization then rose to $ 7.6 billion. This funding will go towards our mission — democratizing […]
The bill on digital financial assets may be adopted by October 1 – by this time a unified position should be developed with respect to the regulation of cryptocurrencies. This was announced to Parliamentary Gazette by the chairman of the State Duma Committee on the Financial Market, Anatoly Aksakov. “The Digital Rights Act – it is the basis to enact industry laws. Now there is a definition of digital rights, there is legalization […]