カテゴリー: US

Regulation Round-Up: Shapeshift COO Says U.S. Regulations Worsen, Germany to Protect Financial Stability not Individual Investors

Regulation Round-Up: Shapeshift COO Says U.S. Regulations Worsen, Germany to Protect Financial Stability not Individual InvestorsIn recent regulatory news, the Shapeshift co-founder and chief operating officer, has given a damning appraisal of the current regulatory climate surrounding cryptocurrencies in the United States. The president of Germany’s Federal Financial Supervisory Authority, Felix Hufeld, has indicated that the principal concern of German regulators regarding cryptocurrency will be seeking to ensure financial stability, […]

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As Korean Crypto Exchanges Step Up AML Compliance, Banks Are Failing

As Korean Crypto Exchanges Step Up AML Compliance, Banks Are FailingAs the South Korean government steps up its anti-money laundering (AML) oversight, major crypto exchanges in the country are voluntarily complying while banks are reportedly failing to meet the guidelines for compliance. South Korea has also been discussing ways to boost crypto-related AML measures with the U.S. Also read: Yahoo! Japan Confirms Entrance Into the Crypto […]

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Canadian Accused of Assisting Ross Ulbricht Extradited to U.S.

Canadian Accused of Assisting Ross Ulbricht Extradited to U.S.A fifty-nine-year-old Canadian man accused of advising Ross Ulbricht, the creator and operator of the first anonymous free market, Silk Road, has been extradited to the United States from Thailand. Roger Thomas Clark has been charged by federal prosecutors for a number of crimes relating to the operations of Silk Road, including narcotics trafficking, computer […]

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Coinbase Cryptocurrency Index Fund Now Open For Investment

Coinbase Cryptocurrency Index Fund Now Open For InvestmentCoinbase has opened up its index fund for accredited US investors, giving them exposure to all cryptocurrencies listed on its exchange GDAX. The company is now working on “launching more funds which are accessible to all investors and cover a broader range of digital assets.” Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Coinbase […]

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Circle to Seek Federal Banking Licensing with U.S. OCC

Office of the Comptroller of the CurrencyCircle Internet Financial Ltd has revealed that it is currently seeking to obtain a federal banking license with the U.S. Office of the Comptroller of the Currency (OCC) in order to expand the services available to the company’s customers. It also hopes to pursue registration with the U.S. Securities and Exchange Commission (SEC) as a […]

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Coinmint to Invest up to $700 Million in New York Mining Center

Coinmint to Invest up to $700 Million in New York Mining CenterCoinmint has announced it commenced operations at its newest crypto mining facility in New York. Operated via its wholly owned subsidiary, North Country Data Center Corporation, it is already mining several cryptocurrencies including bitcoin, dash and ether. Also Read: Police Forces Bust Alleged “New Age Cryptocurrency” Scam in India Mining Operations Come Online Located at a […]

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Bitcoin in Brief Wednesday: German Banks Trade Cryptos, US Universities Invest in Crypto Hedge Funds

Bitcoin in Brief Wednesday: German Banks Trade Cryptos, US Universities Invest in Crypto Hedge FundsIn today’s Bitcoin in Brief, regulators in Berlin have revealed that at least six German financial institutions are involved in cryptocurrency trading. Also, it has been reported that American universities have started investing in crypto hedge funds. The investments are on a limited scale but nevertheless indicate a growing interest from academic institutions. And, authorities […]

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Research: Majority of EU, US Exchanges and Wallets Fail to KYC Users

Research: Majority of EU, US Exchanges and Wallets Fail to KYC UsersMore than two thirds of the leading cryptocurrency exchanges and wallet providers on both sides of the Atlantic fail to conduct proper identity verification checks. According to new research into their onboarding practices, most of the studied platforms do not meet the requirements of the upcoming regulations under the updated EU anti-money laundering directive. Also […]

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Regulations Round-Up: SEC hits Titanium, Israeli Crypto Law Delayed, BTC Trading Legal for Chinese Citizens

Regulations Round-Up: SEC hits Titanium, Israeli Crypto Law Delayed, BTC Trading Legal for Chinese CitizensIn recent regulatory news, the United States Securities and Exchange Commission (SEC) has taken action against the Titanium Blockchain initial coin offering (ICO) for allegedly making false claims; the enactment of Israel’s cryptocurrency regulations have been delayed; and a Chinese professor has discussed the current legal status of bitcoin trading in China, asserting that it […]

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Five Firms Hit by ‘Crypto-Sweep’ in Alabama as Regulators Step up Operation

Five Firms Hit by ‘Crypto-Sweep’ in Alabama as Regulators Step up OperationCease and desist letters have been sent to five crypto companies operating in Alabama, as part of the ongoing “Operation Crypto-Sweep.” The campaign, led by the North American Securities Administrators Association, is targeting ICO projects and blockchain startups suspected of fraudulent activities and violations of existing securities laws. Actions have been taken already by NASAA […]

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