Wednesday, October 28, 2020

Regulation

Bitcoin Businesses on the Mend: Report Shows 57% of Crypto Execs...

Digital Currency Group (DCG) recently published the firm’s “State of Crypto 2020” report which polls more than 150 portfolio crypto companies. According to...

Ripple Eyeing Move to London Over XRP-Friendly Stance, CEO Says

It would be "advantageous for Ripple to operate in the U.K.,” said Ripple CEO Brad Garlinghouse. Source link

Bitmex Fast-Tracks KYC Program as Regulators Tighten Screws on Anti-Money Laundering...

Bitmex said Wednesday that it is fast-tracking its user verification program in order to comply with regulatory requirements. Users must now be fully...

PayPal Granted New York’s First ‘Conditional BitLicense’ to Offer Crypto Services

The New York Department of Financial Services license allows PayPal to offer cryptocurrency buying and selling through a partnership with Paxos. Source link

European Commission Opposes Crypto Fraud Compensation Fund: Victims Say Commission Cozying...

The European Commission (EC) is opposing the creation of the crypto crime victim superfund to be financed with $0.0001 per dollar on all...

The Bahamas launches world’s first CBDC, the ‘Sand Dollar’

This makes The Bahamas one of the first countries in the world to officially launch a CBDC beyond a pilot program. Source link

The Rush To Own India’s Bitcoin Market Is Back On

While the volume and scale may not be huge by current industry standards, venture capital inflows into Indian Bitcoin companies have been hard...

Digital Ruble: Russia Unveils Plans to Test Central Bank Digital Currency

As China is actively testing its digital yuan, Russia is now planning to build and test a central bank digital currency, the digital...

French Finance Minister throws shade at crypto, praises blockchain

He stated that he does not “question the reliability and traceability of all blockchain technology,” but denounced crypto. Source link

Exploring the landscape of crypto regulations in sub-Saharan Africa

Despite facing hot-and-cold rules, growing crypto usage in sub-Saharan Africa is forcing regulators to reconsider the industry. Source link