The SECURITIES AND EXCHANGE Commission (SEC) of the United States launched a regulatory scanning initiative nicknamed “Project Crypto”, aimed at remodeling the American approach to the regulation of cryptocurrencies. Announced by the president of the SEC, Paul S. Atkins, on August 1, the program represents a strategic pivot of the heavy position of the application…
Brief JP Morgan’s CEO Jamie Dimon reaffirmed support for stablecoins, potentially calling them more useful than money, while maintaining his skepticism towards Bitcoin. Dimon said that blockchain and stablecoins respond to customer demand, even if they do not line up with the Bank’s personal preferences. The comments follow the new JP Morgan agreement with Coinbase,…
The arrest marks a major breakthrough in one of the largest crypto cores in India and reveals how the pirates used the targeting of employees to violate the safety of trade. A software engineer of the greatest Indian cryptocurrency exchange was arrested in touch with a flight of $ 44 million that shook the platform…
The White House has state his plan To inaugurate a “new American golden age”, with a cryptocurrency in its center. In a 160 pages report On Wednesday, representatives of the White House described a series of recommendations to federal government officials when they began to build a legal framework and a set of regulatory rules…
The Trump administration is making a direct challenge for global banking rules on cryptographic assets, noting that the United States wish to reshape international financial standards rather than simply respect them. A new 166 -page White House report on digital assets aims at the Crypto framework of the Basel Committee on banking supervision, in particular…
The United States Ministry of Justice has intensified its legal efforts in the cryptocurrency space, imposing serious sanctions with several key figures involved in digital currency projects linked to a financial fault. In a recent development, Rowland Marcus Andrade, the founder of AML Bitcoin, was sentenced to seven years in federal prison for having frauded…
Confidence editorial Contents, examined by the main experts in the industry and experienced publishers. Advertising disclosure The Central Bank of South Korea intensifies its game in the world of cryptography. Depending on the reports, the Korean Bank (BOK) has created a new “digital currency” unit as part of its financial settlement office. The new department…
The SEC has published new exchange deposits that state the generic rating standards for CTPs of Crypto Asset. Any token that has been exchanged on the Coinbase derivative market for more than six months would be qualified. This will cover a dozen large assets. The Chicago Board Options Exchange (Cboe) Asked the Securities and Exchange…
The cryptocurrency sector attends a pivotal regulatory development while Keonne Rodriguez and William Lonergan Hill, co-founders of Samurai Wallet, pleaded guilty to accusations of exploitation of an activity of transmission of money without license. The United States Ministry of Justice (DoJ) accused Samurai Wallet of facilitating more than $ 2 billion in illegal and laundering…
The owners of small businesses are continuously looking for innovative solutions to remain competitive on an evolving market. Paypal recently unveiled a revolutionary functionality intended to mitigate international transactions, considerably reduce costs and exploit the booming cryptocurrency market. This new payment system, nicknamed “Pay with Crypto”, aims to generate cryptography payments in the dominant current,…