Tag: Regulation
UK regulators propose ban on crypto products citing ‘No inherent value’
Claiming that crypto exchange-traded notes (ETNs) pose a harm to consumers, the British Financial Conduct Authority (FCA) has proposed to ban them.
Exchange-traded notes provide...
Facebook’s Libra taking a beating – here’s why the crypto may never launch
Not a day has gone by recently without another story regarding more regulatory pressure mounting on the world’s largest social media company. Concerns are...
Libra co-creator takes to Twitter to debunk threat claims
Libra co-creator David Marcus is debunking claims that Facebook’s cryptocurrency poses systemic risks to the monetary sovereignty of nations.
Libra poses no threat to money...
US Treasury official admits terrorists still mostly rely on cash, not crypto
At a recent conference, a U.S. Treasury official spoke about the dangers of Bitcoin being used by terrorists. Ironically, she inadvertently countered her own...
Facebook’s Libra seeks approval, clarity from Swiss financial regulator
The Libra Association - the non-profit organization behind Facebook’s Libra - has announced it is seeking to apply to become a licensed payment system...
NEW FATF REGS: Will crypto exchanges be forced to share your data with the...
New regulations from the Financial Action Task Force may require exchanges and other crypto businesses to share user data with government agencies.
Stripping away anonymity
The...
