カテゴリー: fsb

In the Daily: New FSB Chair Fears Crypto, Wikileaks Goes After CSW, Bakkt Update

In the Daily: New FSB Chair Fears Crypto, Wikileaks Goes After CSW, Bakkt UpdateIn this edition of The Daily we cover recent remarks from the new Chair of the Financial Stability Board (FSB), a spat between Wikileaks and Craig S. Wright (CSW), and the latest update about the upcoming institutional crypto platform Bakkt. Also Read: In the Daily: BCH Charity Anniversary, Lighting Wholesaler Takes Crypto, Atomicpay Vanity URLs […]

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Report: Indian Government Concerned Cryptocurrencies Could Undermine the Rupee

Report: Indian Government Concerned Cryptocurrencies Could Undermine the RupeeThe Indian government panel tasked with drafting crypto regulation is reportedly worried that cryptocurrencies could destabilize the rupee if they are accepted as payments. Its concern came to light despite evidence that cryptocurrencies do not currently pose a threat to financial stability. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations Impact on […]

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FSB: Crypto-Assets Not a Threat to Global Financial Order

FSB: "Crypto-Assets do not Pose [...] Risk to Global Financial Stability"Cryptocurrencies do not pose a threat to global financial stability, but the diverse range of national regulatory regimes throughout the world continues to complicate efforts to establish an international legislative framework overseeing their use, the Financial Stability Board says in a new report.  Also Read: Billion-Dollar Startups Flourishing in Switzerland’s ‘Crypto Valley’ Report Advocates ‘Vigilant Monitoring’ In a […]

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G20 Asks FATF to Clarify AML Standards for Cryptocurrencies

G20 Asks FATF to Clarify AML Standards for CryptocurrenciesFinancial ministers and central bankers from the G20 states met over the weekend in Argentina to discuss the challenges for the global economy. They reiterated their position that cryptocurrencies do not pose a risk to the financial stability. The officials also called on the Financial Action Task Force to clarify by October how its anti-money […]

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G20 Watchdog Unveils Framework to Monitor Crypto

G20 Watchdog Unveils Framework to Monitor CryptoA framework has been developed for the G20 countries to “monitor the financial stability implications of crypto-assets markets.” The Financial Stability Board says cryptocurrencies “do not pose a material risk to global financial stability” but supports their “vigilant monitoring.” Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space G20’s Crypto Monitoring Framework The Financial Stability […]

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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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Russian Court and Customs Prevent Import of Crypto Mining Equipment

Russian Court and Customs Prevent Import of Mining EquipmentA Russian cryptocurrency miner got into trouble with the customs office when trying to import mining equipment purchased online for personal use. After an appeal, the court sided with the customs office and barred the import of the mining equipment. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Importing Crypto Mining Equipment The Russian […]

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Telegram Urges Paper Airplane Protest, Pussy Riot Activist Arrested

Telegram Urges Paper Airplane Protest, Pussy Riot Activist ArrestedAfter a Russian court enacted an immediate ban on the popular encrypted messaging service Telegram, the feisty company began to resist. Founder Pavel Durov insisted there were ways around the prohibition, including proxies and VPNs. It appears to have had some success even though millions of IP addresses have been blocked by the government. In […]

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