German Banks May Start Handling Crypto If New Law Gets Approved
Digital assets and cryptocurrencies present an interesting problem for both governments and major banks. This is because most countries do not have any existing laws in place to address the regulation of digital currencies or the technology that it uses.
Read MoreWhistleblowers Help CFTC To Clean Up Trading Markets
The Commodity Futures Trading Commission (CFTC) has been working hard this year to ensure that all financial markets in the United States operated smoothly. This usually entails cracking down on the many crafty schemes and violations of FX trading and
Read MoreUKJT Looks To Clear Up Confusion On Cryptoassets
One of the problems that most governments around the world have with cryptocurrencies and related assets is that they are in a bit of a legal gray area. This makes it difficult to classify them under the law, which is
Read MoreFacebook Shifts Focus From Libra To New Payment Service
Facebook has been making news in the financial world for its controversial Libra Project. Central banks around the world are up in arms over the possibility that Facebook could launch its own digital currency and change the global financial landscape.
Read MoreBIS Will Focus On Developing Digital Currencies
The Bank of International Settlements (BIS) has decided to focus on developing new digital currencies and will have a separate department led by former ECB executive board member Benoit Coeure to lead this project. Facebook’s Libra project and Apple’s recent
Read MoreIreland Grants Coinbase An e-Money License To Operate In The EU
Brexit hasn’t affected the fintech industry in the United Kingdom as much as the financial sector. These concerns have also hampered cryptocurrency companies who have considered moving out of the UK to mitigate these risks. Coinbase which has its non-US headquarters in London recently announced
Read MoreTelegram Officially Confirms Crypto Move With ‘Gram’
Facebook has hogged most of the crypto headlines of late as its Project Libra has continued to receive flak from both financial regulators as well as former partners that belonged to the Libra Association. With the spotlight on Facebook, Telegram,
Read MoreFrance To Block Facebook From Launching Libra In Europe
When Facebook announced that it was going to be pushing its Libra cryptocurrency, governments across the world put Libra under immense scrutiny. Libra has faced opposition in a number of countries and the latest country to oppose Libra is France.
Read MoreBitcoin Negative Trading Fee Platform Attracts 11,000 Traders
Bitcoin.com promised that it would open its new crypto exchange with a negative trading fee and the company kept its promise. Bitcoin.com new digital trading platform created a lot of noise in the market and had more than 11,000 traders
Read MoreBitcoin ETF Remains Delayed Over Two Key SEC Concerns
Bitcoin exchange-traded funds (ETFs) are probably one of the most anticipated products out there. They were first suggested a year ago and some market analysts have suggested that it was Bitcoin ETF hype that helped fuel the incredible rise of
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