カテゴリー: ECB

ECB Shuts Down Maltese Bank Over Schemes to Launder Money and Evade US Sanctions

ECB Shuts Down Maltese Bank Over Schemes to Launder Money and Avoid US SanctionsMalta’s Pilatus Bank has been shut down by the European Central Bank (ECB). Its banking license was revoked after its chairman was charged in the U.S. with money laundering and organizing a scheme to evade U.S. sanctions. The bank had also been accused by a murdered journalist of processing corrupt payments. EU authorities now want new […]

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Europe, Japan and the ‘Drug’ of Quantitative Easing

Can Europe and Japan Recover From the Drug of Quantitative Easing?Last month, news.Bitcoin.com examined the problem of quantitative easing (QE) and its impact on the U.S., and how such policies have spread to the rest of the world. This month, we continue to drill down on the phenomenon of governments printing trillions of dollars worth of fiat currency simply by pressing buttons on their computers. Value […]

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The Daily: Binance Tests Fiat Exchange, Russians Mull Crypto Platforms

The Daily: Binance Tests Fiat Exchange, Russians Mull Own Crypto Platforms, ECB Not Ready for CoinBinance, the leading cryptocurrency exchange, has announced it will start testing a fiat currency trading platform in Singapore and we’ve got the story in Sunday’s edition of The Daily. Also, two islands in Russia are competing to host the country’s first regulated exchange, and the ECB says Europe doesn’t need a central bank issued crypto. […]

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South Korea Thinks Real-Name System is Working – Stepping Up Crypto Monitoring

South Korea Thinks Real-Name System is Working - Stepping Up Crypto MonitoringSouth Korea’s top financial regulator recently told 23 other countries’ regulators that the kimchi premium has fizzled since the anonymous trading of cryptocurrencies was banned in the country. Now, the government is introducing a new guideline to prevent local crypto exchanges from buying cryptocurrencies at foreign exchanges. Also read: Yahoo! Japan Confirms Entrance Into the Crypto […]

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South Korea Thinks Real-Name System is Working – Stepping Up Crypto Monitoring

South Korea Thinks Real-Name System is Working - Stepping Up Crypto MonitoringSouth Korea’s top financial regulator recently told 23 other countries’ regulators that the kimchi premium has fizzled since the anonymous trading of cryptocurrencies was banned in the country. Now, the government is introducing a new guideline to prevent local crypto exchanges from buying cryptocurrencies at foreign exchanges. Also read: Yahoo! Japan Confirms Entrance Into the Crypto […]

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South Korea Thinks Real-Name System is Working – Stepping Up Crypto Monitoring

South Korea Thinks Real-Name System is Working - Stepping Up Crypto MonitoringSouth Korea’s top financial regulator recently told 23 other countries’ regulators that the kimchi premium has fizzled since the anonymous trading of cryptocurrencies was banned in the country. Now, the government is introducing a new guideline to prevent local crypto exchanges from buying cryptocurrencies at foreign exchanges. Also read: Yahoo! Japan Confirms Entrance Into the Crypto […]

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Bitcoin in Brief Saturday: Spanish Parties Back Crypto Draft, Slovenia Adopts Crypto Action Plan

Bitcoin in Brief Saturday: Spanish Parties Back Crypto Draft, Slovenia Adopts Crypto Action PlanAll parties represented in the Spanish Congress have voiced support for a new draft legislation introducing favorable crypto regulations in the country. We’ve covered the details in today’s edition of Bitcoin in Brief. Also, Slovenia adopts a crypto action plan, Estonia drops plans to issue a national cryptocurrency, and Hungary claims it’s ready to join […]

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EU Adopts Rules to Reduce Anonymity for Crypto Users

EU Adopts Rules to Reduce Anonymity for Crypto UsersA directive affecting the crypto sector in Europe has been adopted by the EU Council. The document updates the anti-money laundering legislation of the European Union to address, among other issues, “the risks linked to virtual currencies.” The new rules aim to reduce anonymity for both users and transactions with requirements for know-your-customer procedures that […]

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Ex-Trump Chief Strategist Bannon: Cryptocurrencies Make Central Banks Redundant

Ex-Trump Chief Strategist Bannon: Cryptocurrencies Make Central Banks RedundantBitcoin has always been considered by its staunch supporters a tool to bring about personal financial freedom from government control and censorship as well as taxation via inflation. As such, most political players shun the cryptocurrency when they are in power as it threatens their position. Once out of power they are freer to appreciate […]

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South Korea Urges 23 Countries, EU, and IMF to Collaborate on Curbing Crypto Trading

The South Korean government has called for financial regulators and central bankers of 23 other countries as well as 12 organizations, including the International Monetary Fund and the European Union, to collaborate on curbing cryptocurrency trading. Also read: Russian Regulators Draft Law to Restrict Crypto Mining, Payments, and Token Sales Other Regulators Urged to Take Action […]

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