[ad_2][ad_1] Regulations The Texas Banking Department has published new guidelines on the regulatory treatment of virtual currencies under the Texas Money Services Act. The document states that most transactions involving cryptocurrencies will not be considered a transfer of "monetary value" , but the exchange of virtual currencies for Fiat will …
Read More »South Africa creates a regulatory work group dedicated to cryptography and blockchain
[ad_2][ad_1] The country's revenue service is considering the possibility of modifying the tax return forms to include cryptocurrencies. The South African government has created a regulatory work group on crypto assets to investigate the potential of cryptocurrency and blockchain, Business Live reported yesterday. According to the report, the group includes …
Read More »The UK regulatory authority launches a fraud survey in 18 cryptographic companies
[ad_2][ad_1] The UK Financial Regulatory Authority has initiated new investigations into suspected frauds and illicit reports in a number of cryptocurrency companies operating in the country, in the latest example of authorities repressing rogue crypto societies. Reported in the Financial Times, the Financial Conduct Authority launched the latest series of …
Read More »Banks are not using xRapid because of the lack of regulatory clarity, says Ripple
[ad_2][ad_1] Marjan Delatinne, head of the banking sector, recently said that banks are reluctant to accept XRP-based xRapid due to a lack of regulatory clarity. He provided the reasons why non-financial institutions are more interested in using xRapid to process cross-border payments than banks. "Just to clarify, no bank is …
Read More »Ripple tends to plan more business in global corridors with regulatory clarity
[ad_2][ad_1] In the most recent episode of The Ripple Drop, the company highlighted some of the key success stories and products that 2018 saw in the Ripple and XRP ecosystem. Here, Marcus Treacher and Ashish Birla, respectively working as SVP, Customer Success and Product Management, spoke about Ripple's products and …
Read More »Regulation of initial coin offers The regulatory review
[ad_2][ad_1] Scholar suggests alternatives to the regulation of cryptocurrency offers as conventional titles. "Only the rich" benefit from the regulation of securities in the cryptocurrency space, said CEO Erik Voorhees in a recent Tweet. Voorhees, the head of the cryptocurrency exchange Shapeshift, has published his tweet after the decision to …
Read More »Regulatory clarity. Are Litecoin and other digital tokens not titles?
[ad_2][ad_1] The market shows no sign of inversion, even if some highlanders are fighting the trend. How far? Tuesday, March 27, will not be remembered by investors and will not go down in history as a day when fatal events have occurred in the market. Although the rate of decline …
Read More »Banks do not use XRP because there is no regulatory clarity, according to Ripple
[ad_2][ad_1] Ripple's banking chief, Marjan Delatinne, recently said that banks are not jurying to adopt xRapid, Ripple's XRP-based products due to a lack of regulatory clarity. Non-financial institutions are more interested in xRapid than in banks He offered some reasons why non-financial institutions are more interested in using xRapid to …
Read More »Ripple believes that banks are not in XRP, due to a lack of regulatory clarity
[ad_2][ad_1] Marjan Delatinne, head of the Ripple banking sector, recently released an interesting statement. He said banks are not using the xRapid XRP product based on Ripple's because there is not enough clarity in the cryptographic space. Non-financial institutions choose xRapid on banks He addressed some reasons why non-financial institutions, …
Read More »Does regulatory uncertainty prevent banks from using xRapid?
[ad_1] At the start of today, a tweet from @DiepSanh raised a conversation about why banking institutions do not use xRapid. The tweet explained that banks did not use xRapid because of regulatory uncertainty regarding digital resources and that only payment service providers used the blockchain-based solution for cross-border payments. …
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