Regulation


Markets

US Lawmakers Call on Payment Giants to Exit 'Chilling' Libra Project

Senators Brian Schatz and Sherrod Brown have called on Visa, Stripe, and MasterCard to reconsider their membership of the Libra Association.

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Markets

How Anti-Money-Laundering Rules Hinder Libra's Mission to Reach the Unbanked

A "step-ladder" approach to know-your-customer (KYC) rules could help the Libra stablecoin reach those disconnected from the financial system.

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Markets

London Stock Exchange-Backed Nivaura Hires Senior HSBC Banker

LSE-backed Nivaura hired a senior HSBC banker to boost adoption of the London-based fintech's blockchain process for capital markets legal documents.

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Markets

Cryptocurrency Donations to Politicians Legal in Japan Says Internal Affairs Minister

Crypto donations are legal and do not need to be approved for political donations like cash or securities.

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Markets

German Finance Minister Supports Digital Euro, But 'Very Critical' of Libra

Speaking on a possible e-euro, minister Olaf Scholz said Germany "should not leave the field to China, Russia, the U.S. or any private providers."

Olaf Scholz German finance minister

Markets

UK Finance Watchdog's Crypto Investigations Up By 74% in 2019

The number of investigations into cryptocurrency firms by the U.K.'s Financial Conduct Authority have reportedly seen a sharp rise in the last year.

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Markets

New York's Financial Watchdog Is Hiring Another Crypto Superintendent

The specialized crypto unit of the New York Department of Financial Services is beefing up its staff with another hire.

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Markets

'Gold-Backed' Crypto Token's Promoter Investigated by Florida Regulators

Karatbars, issuer of a purportedly gold-backed crypto token, is under investigation by Florida regulators over links to a Miami “crypto bank.”

gold, nugget

Markets

US House Committee Pressuring Zuckerberg to Testify on Libra: Report

Facebook CEO Mark Zuckerberg is facing pressure to testify before U.S. lawmakers on the firm's cryptocurrency project Libra.

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Markets

Ohio Treasurer Suspends Predecessor's Bitcoin Tax Payment Service

A website launched last year by the U.S. state of Ohio allowing businesses to pay a range of taxes with bitcoin has been taken offline.

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