The Fiscal Action Activity Force (FATF), an intergovernmental corporation that develops procedures to deal with cash laundering, is setting up to build binding regulations for the world's cryptocurrency exchanges, a report indicates. In accordance to a Reuters report on Tuesday, an unnamed Japanese authorities official stated that the group aims to...
Ant Fiscal, the payment affiliate of Chinese world wide web large Alibaba, declared on Friday it has lifted $14 billion in a Sequence C round funding, which will be used to additional develop new technologies these kinds of as blockchain. Launched in 2004 as AliPay and later rebranded to...
Invented to democratize entry to funding, it could be argued the crypto token hasn't fairly lived up to its objective. Presently absent are the times when any investor could get entry to the next big providing (most early issuances, it appears, are now catering to the identical secure of...
Ant Financial, the payment affiliate of Chinese world wide web giant Alibaba, announced on Friday it has raised $14 billion in a Series C spherical funding, which will be made use of to even more acquire new systems this kind of as blockchain. Started in 2004 as AliPay and...
New York Section of Money Solutions superintendent Maria Vullo defended her office's technique to regulating cryptocurrencies on Thursday. Talking at the Council on International Relation's "Legal Tender? The Regulation of Cryptocurrencies" panel in New York on Wednesday, Vullo reported that her view is "regulation in this house, just like...
Cryptocurrency startup Circle is seeking to register as a federally certified lender in the U.S., in accordance to Bloomberg. In a report printed Wednesday, Bloomberg claimed that together with the banking license, Circle – which offers a cryptocurrency wallet and financial investment system, as perfectly as an OTC crypto...
Scott Nelson is the chairman and CEO of Sweetbridge Inc., a blockchain tech startup. Race to the base or race to truth? The increase of first coin presenting (ICOs) – as controversial as they could be – is a signpost that the age of Industrial Era cash development is giving...
A single of the U.S. Securities and Trade Commission's foremost officers on the cryptocurrency and token sale front has been named to a new senior advisory position. The agency explained Monday that Valerie Szczepanik will provide as affiliate director of the Division of Company Finance and senior advisor for electronic...
A organization at the rear of an ongoing first coin giving (ICO) has been issued a stop-and-desist notice from the U.S. condition of Vermont. The Vermont Office of Economical Regulation reported Monday that it was sending the stop-and-desist to LevelNet, which in accordance to its internet site is based...
A deputy director for the Intercontinental Monetary Fund's Monetary and Funds Marketplaces Section thinks that central banks will need to give "far better" fiat currencies in purchase to fend off any potential competition from cryptocurrencies. The recommendations came in an report posted Thursday, penned by deputy director Dong He. In...