Tag: Regulation
South Korea officially makes cryptocurrency legal
After two full years of discussion and deliberating, the government of South Korea has finally passed legislation that fully integrates virtual currencies into the...
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...
