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Business

FCA eyes extending money laundering obligations for digital currency firms
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27 August, 2020

FCA eyes extending money laundering obligations for digital currency firms

New proposals from the U.K.’s financial regulator could see more firms required to report on managing the risks of financial...
Ripple faces ‘PayID’ trademark lawsuit in Australia
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27 August, 2020

Ripple faces ‘PayID’ trademark lawsuit in Australia

Ripple is the subject of fresh legal action in Australia over an alleged trademark infringement in the launch of its...
Bahamas central bank adds new digital currency to balance sheet
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27 August, 2020

Bahamas central bank adds new digital currency to balance sheet

There was $48,000 worth of its central bank digital currency, the Sand Dollar, in circulation, according to the Bahamas central...
China digital yuan catering to small retail transactions
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27 August, 2020

China digital yuan catering to small retail transactions

The digital currency electronic payment has been on a test run, targeting small retail transactions amid preparations for nationwide rollout.
Brazil central bank forms CBDC study group
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27 August, 2020

Brazil central bank forms CBDC study group

The group will investigate the implications of a central bank digital currency (CBDC) on the country’s economy, among other things.
Bitstamp migrates clients from UK to Luxembourg
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26 August, 2020

Bitstamp migrates clients from UK to Luxembourg

One of Europe’s oldest digital currency exchanges is cutting its ties with the United Kingdom in the face of Brexit...
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