regulation

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Wyoming Passes Banking Charter for Digital Assets

21 Sep 2020 1 minute read 0 comments author_nan $0.92

Governor of Wyoming Mark Gordon has revealed via Twitter on September 17 that the US state had become the first to approve a banking charter for digital assets.  Several Wyoming officials, including House Representatives, Senate Minority Leader Chri...

Kraken is the First Crypto Exchange to be Approved as a Bank in the US

17 Sep 2020 1 minute read 1 comment author_nan $1.90

San Francisco based exchange Kraken has received approval from the Wyoming Banking Board to serve as a special purpose depository institution (SPDI), according to an announcement made on  September 16. The approval makes Kraken the first crypto exch...

Newsletter #126 | Celebrity Crypto Sanctions, Crypto Mom's Dissenting Opinion, NBA's Crypto Collectibles Bring in Serious Revenue, Bitcoin Gets Kissed and More...

17 Sep 2020 1 minute read 2 comments KHubbard $0.35

The SEC has recently issued a number of enforcement actions, many of which were lodged against ICOs that took place in 2017.  It was remarkable to see Security and Exchange Commissioner Hester M. Peirce make a public dissent againt Mark Cuban and As...

EU Heavyweights Want Stablecoins to be Regulated Before Being Allowed to Operate

16 Sep 2020 1 minute read 0 comments author_nan $1.41

Five major European nations have called for stablecoin regulations, as fears mount over state sovereignty and consumer protection, according to a Reuters report published on September 11. France, Germany, Italy, the Netherlands and Spain have all as...

Pros and Cons of Legalized Gambling

20 Aug 2020 3 minute read 3 comments MintDice.com $6.86

It is a difficult decision to make whether gambling should be legalized or not. The pros and cons of legalizing gambling may prove to be equal. Some will support gambling, while others may come opposing it. According to some individuals, gambling can...

BitMEX Enforces KYC

17 Aug 2020 1 minute read 1 comment author_nan $1.87

Cryptocurrency exchange and derivatives trading platform BitMEX announced on August 14 that it will mandate user identity verification as part of its User Verification Programme. User Verification Programme will launch 2 weeks from now, on August 28...

UK Money Laundering Guidance - is a DeFi Showdown on the Horizon?

13 Aug 2020 2 minute read 0 comments Hipdibby $0.28

Recent guidance from the UK Joint Money Laundering Steering Group clarifies the scope of the UK anti-money laundering ('AML') regime for crypto firms and raises concerns that national regulators may be set to collide with the growing DeFi sector. How...

Russia's Biggest Consumer Bank to Launch Blockchain Built Using Hyperledger Fabric

7 Aug 2020 1 minute read 0 comments author_nan $0.50

Russia’s largest consumer bank, Sberbank, will launch a blockchain built using Hyperledger Fabric, with the possibility of a stablecoin launch also being discussed, according to Russian media outlet Vedomosti. Nodes will be hosted on Sberbank’s clou...

Why Centralized Finance is Bad and How Crypto is the Answer

2 Aug 2020 4 minute read 1 comment tipplenurkey $0.06

   I'm going to do a lot of assuming in this argument. I'm going to do a lot of reaching. I'm not going to provide any evidence for or against my argument because I want you to go find it for yourself instead of taking my word. Ready?      You may ha...

Trump Misfires At Social Media Censorship, Misses Commercial Argument

30 May 2020 2 minute read 1 comment Cryptos.com $0.05

American President Donald Trump issued Thursday an “executive order” to regulate social media networks like Facebook, Twitter, YouTube and Instagram, in particular, their practices and perhaps their algorithms for curating, “shadowbanning” or otherwi...