South Korean-based cryptocurrency exchange, Bithumb is on track to enforce its anti-money laundering (AML) measures through the immediate ban of…
FATF
The effectiveness of the application of regulatory sanctions in the digital currency network Libra will be higher than that of other payment systems. This was stated by Calibra CEO David Marcus during a speech at the Money 20/20 USA conference, Finextra reports. “Digital payment technology is more traceable than when it comes to cash, and will be even safer when working in real time,” […]
A memorandum was signed in the Verkhovna Rada of Ukraine, designed to give the green light to blockchain technologies in…
A memorandum was signed in the Verkhovna Rada of Ukraine, designed to give the green light to blockchain technologies in the country. It is alleged that the legislative, executive branches of government and business for the first time were able to come to a "clear consensus." The document was concluded between the Verkhovna Rada Committee on Digital Transformation, the Ministry of Digital Transformation, the Blockchain4Ukraine inter-factional parliamentary association, the Office of Effective Regulation (BRDO), a number of profile associations, for example, the Blockchain Ukraine Association […]
The G20 said that stablecoins threaten the global monetary system and financial stability, and asked the IMF to assess the risks associated with them, reports Reuters. G20 countries will develop stablecoins based on recommendations from the Financial Stability Board (SPS) and the Anti-Money Laundering Development Group (FATF), which will provide relevant conclusions in 2020. “Until […]
Monero cryptocurrency developers (XMR) have reiterated plans to move to a new proof of work ( PoW ) algorithm by…
Last week was remembered for dramatic events in the cryptocurrency space – $ 1.4 trillion was filed against Tether and…
The Ukrainian government expects to legalize the circulation of cryptocurrencies and mining within two to three years. This is stated…
Bittrex, the U.S. cryptocurrency exchange, has implemented Chainalysis blockchain startup software for marking suspicious transactions in real-time Chainalysis KYT, CoinDesk reports. The system alerts you to potentially illegal transactions in 15 cryptocurrencies, including Bitcoin, Ethereum, Bitcoin Cash, Litecoin, ERC20 tokens and stablecoins. In June, the FATF Anti-Money Laundering Development Group (FATF) tightened cryptocurrency regulation requirements […]
In Russia, operations with cryptocurrency are not yet legally regulated, and therefore, by themselves, they do not violate anything. However,…