Germany Sees Crypto as 'Financial Instruments' but Shuts Down Bitcoin ATM

BaFin Sees Crypto as ‘Financial Instruments’ but Shuts Down Bitcoin ATM

Just 3 days after recognizing crypto-assets as financial instruments, BaFin, Germany’s financial regulatory agency has shut down a Bitcoin ATM operator. Why would German authorities...

Ricardo Martinez | 11 months ago
Austria: Crypto Firms Face €200K Fine Under New AML Directive

Austria: Crypto Firms Face €200K Fine Under New AML Directive

Crypto businesses in Austria can be fined up to 200,000 EUR (above $221,000) starting from tomorrow, if they do not operate under the country’s new licensing requirements...

Christine Vasileva | 1 year ago
Chainalysis partners with Bitfinex

Chainalysis Partners with Bitfinex for Privacy-Safe Compliance

This week, Chainalysis announced the completion of a full AML solution applied on the Bitfinex exchange. The blockchain analysis is becoming the next frontier of verification, as the...

Christine Vasileva | 1 year ago
chainlysis launches investigative software for ethereum tokens
Altcoin News

Chainalysis Launches Investigative Software For ERC-20 Tokens

Chainalysis, a service exploring the Ethereum network, has opened a compliance tool ahead of the upcoming stricter requirements for digital asset transfers. So far, Chainalysis has...

Christine Vasileva | 1 year ago
Bitcoin FATF rule

FATF ‘Absurd’ Bitcoin Exchange Rules Will Reduce Crime, Researchers Admit

The FATF ‘Travel Rule’ that cryptocurrency proponents have described as “absurd” will result in a mass shift to compliance among Bitcoin exchanges, new data claims...

Anja van Oosterhout | 1 year ago

Bitcoin’s Correlation to Traditional Markets Could be Problematic, Analyst

Author and financial analyst, Timothy Peterson, believes that Bitcoin’s growing correlation to Japan’s MSCI could end badly if traditional markets sharply correct. Bitcoin...

Eustace Cryptus | 2 years ago
G20 Bitcoin crypto
Bitcoin Regulation

Bitcoin Back In G20 Spotlight As Industry Meets FATF Over Data Demands

Cryptocurrency exchanges will meet with the regulators who want to treat them like banks at the upcoming G20 Summit – but Bitcoin price has already shaken off concerns. FATF...

Anja van Oosterhout | 2 years ago
bank bitcoin exchange fatf
Bitcoin Exchange

‘Totally Absurd’ – New FATF Rules To Turn Bitcoin Exchanges Into Banks

Intergovernmental body the Financial Action Task Force (FATF) has committed to making 200 countries treat cryptocurrency exchanges like banks. FATF Among ‘Biggest Threats’...

Anja van Oosterhout | 2 years ago
bitcoin bad

Financial Action Task Force Calls For Stricter Regulation of Virtual Asset Service Providers

The Financial Action Task Force (FATF) — an intergovernmental organization founded to develop policies against money laundering and terrorism financing — is even more squarely...

Elsa Saikkonen | 2 years ago
cryptocurrency theft cybercrime exchange hack

$1.7B Stolen in 2018 – Cryptocurrency Theft Skyrockets as Prices Dropped

According to the Q4 Cryptocurrency Anti-Money Laundering report by CipherTrace blockchain intelligence agency, criminals stole a massive $1.7 billion of cryptocurrency last year...

Christina Comben | 2 years ago

G20 Summit: We Will Regulate Cryptocurrencies ‘In Line with FATF Standards’

G20 countries have agreed to regulate cryptocurrencies in line with Financial Action Task Force (FATF) standards at the second session of the summit held in Buenos Aires, Argentina...

Allen Scott | 2 years ago
rising crypto adoption defi

Circle CEO Urges for Globally Coordinated Cryptocurrency Regulations

The CEO of investment application Circle has urged national regulators to develop coordinated legislation for the field of cryptocurrencies. The move follows the FATF decision to issue...

Georgi Georgiev | 2 years ago

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