Thursday, June 20, 2019

Russia Will Not Legalize Facebook’s Cryptocurrency, Official Says

The chairman of the Russian State Duma Committee on Financial Market said that Facebook’s forthcoming cryptocurrency Libra will not be legalized in Russia. Chairman of…

Russia to Adopt Crypto Legislation Within Two Weeks: Deputy Finance Minister

Russia's deputy finance minister revealed that the parliament is expected to adopt crypto legislation in the next two weeks. Russia's parliament, the State Duma, will…

Legislators Endorse Virtual Asset Summit Convened in Response to Coming FATF Crypto Rules

Global legislators have voiced their support for a June summit in Japan, which will discuss industry responses. Global legislators have voiced their support for a…

Bancor Seeks to Exclude US Users From Trading Over Regulatory Uncertainty

Developers will block U.S. IP addresses from being able to trade tokens from July 8, while other functionality will remain. Decentralized exchange platform Bancor plans…

US CFTC Brings Action Against $147 Million Bitcoin Investment Scheme

The U.S. CFTC has filed a complaint against an alleged $147 million bitcoin scam scheme, Control-Finance Limited. The United States Commodity Futures Trading Commission (CFTC)…

Santander Loses Appeal Against Brazilian Crypto Exchange, Fine Upheld

Spanish bank Santander has lost an appeal in a Brazilian court regarding the closure of a cryptocurrency’s account. Major Spanish bank Santander has been denied…

Bitcoin Back In G20 Spotlight As Industry Meets FATF Over Data Demands

Cryptocurrency exchanges will meet with the regulators who want to treat them like banks at the upcoming G20 Summit – but Bitcoin price has already…

New Rules Make Korean Bitcoin Exchanges Liable for Customer Losses

Bithumb is one of five South Korean bitcoin exchanges that has adopted a new directive which mandates that platforms be liable for losses whether not…

From Bitcoin’s Surge To Facebook’s ‘Big Brother’ Coin: Week’s Top Stories

25-year-old oxygen-drain, Justin Bieber, challenged 56-year-old Scientologist, Tom Cruise, to a cage fight, calling him chicken if he doesn’t accept. But would we be better off…

Iceland’s Financial Regulator Approves Blockchain-Powered E-Money Firm

The Financial Supervisory Authority of Iceland approved a ConsenSys-backed blockchain firm to operate as e-money business. The Financial Supervisory Authority (FME), Iceland’s sole financial regulator,…
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