Tag Archives: regulators

[ad_2][ad_1] The Securities and Exchange Commission announced yesterday that the Strategic Pole for Financial Innovation and Technology, commonly referred to as FinHub, will become a standalone office. Valerie A. Szczepanik will continue to lead FinHub as the first director of the office and will report directly to the SEC president. …

[ad_1] The pharmaceutical company in Portugal has already explained this vaccine trials are still ongoing and which are shared with the European Medicines Agency, which evaluates vaccine data as they become available. The company ensured that the authorities were aware of all relevant information and that, if the vaccine is …

[ad_2][ad_1] As Chinese authorities make it more difficult than ever to trade cryptocurrency into fiat, miners could be forced to relocate to other jurisdictions, local sources say. On Monday, cryptocurrency industry blogger Colin Wu tweeted that miners in China struggled to pay for electricity after authorities started cracking down on …

[ad_2][ad_1] A blockchain analytics firm is urging crypto companies to make compliance a top priority as regulators increase requirements for virtual asset service providers. Bitcoin’s bullish 2020 has sparked an influx of crypto companies with cutting-edge product features entering the market, along with new blockchains, tokens and DeFi protocols. All …

[ad_2][ad_1] Financial institutions must report transfer information with a value greater than $ 250 for international transactions. Comments on the regulatory proposal will be accepted until 23 November this year. A proposed amendment to the US Bank Secrecy Act indicates an increase in the strictness of regulations towards cryptocurrencies. A …

[ad_2][ad_1] Bitmex said Wednesday that it is rapidly following its user verification program in order to comply with regulatory requirements. Users must now be fully verified by November 5, 2020 “to continue trading on the platform,” he said. In a statement, the cryptocurrency exchange said that “unverified users will not …

[ad_2][ad_1] The Latvian Financial and Capital Market Commission has identified suspicious transactions and fraud attempts in the domestic cryptocurrency space. In an official notice released on Monday, the FCMC urged investors to “be especially vigilant, as cryptocurrencies operate in an infrastructure that is currently characterized by less regulation than the …

[ad_2][ad_1] While Ethereum has seen a number of benefits from the decentralized finance movement (defi) and initial coin offerings (ICOs), more recently people have been leveraging the ether for pyramid schemes and matrix cycle programs. One particular scheme that crypto enthusiasts are discussing these days is the gift pyramid scheme …

[ad_2][ad_1] As the world became more and more connected, privacy continued to erode. For many libertarians and cryptocurrency users Bitcoin doesn’t offer enough privacy. This is why tokens like Monero (XMR) and zCash (ZEC) have made privacy their number one priority. Tokens like Monero make transactions more difficult to track …

[ad_2][ad_1] Ripple CEO Brad Garlinghouse urged US regulators “to step up and lean on digital currencies” to avoid falling behind China on the ground. In a tweet published on May 26, Garlinghouse warns that “staying complacent is actually bringing us back,” citing an article suggesting that the long-touted Chinese central …