Facebook Libra has ‘failed,’ says Swiss ex-president
Ueli Maurer said Facebook’s Libra project has failed to win the support of central banks.
Latest regulation News
Facebook Libra board member slams lack of ‘solid strategy’ for launch
Patrick Ellis of the Libra Association saying there was a lack of strategy around how and where the cryptocurrency will launch.
Shenzhen grills local blockchain firms about regulation compliance
Eight companies were brought in for questioning by local regulators, each suspected of previously offering services that are now illegal.
Basel Committee calls for new rules on crypto regulation
The Basel Committee on Banking Supervision said a new conservative framework for regulation was required to tackle crypto-related risks.
Mining pool Simplecoin shuts down as EU tightens regulations
The 5MLD will require Simplecoin to implement and adhere to several anti-money laundering and know-your-customer policies.
Craig Wright sets out his vision for iGaming with Bitcoin
At the SiGMA 2019 event in Malta, Dr. Craig Wright said the BSV blockchain was perfectly suited to the needs of the iGaming sector, in large part as a result of the security that comes from creating an immutable public record of transactions.
Decentralized exchange CryptoBridge closes amid ‘increasing regulation’
U.S.-based decentralized cryptocurrency exchange CryptoBridge has announced that it is shutting down all of the exchange’s services and services after December 15.
Swiss gov’t wants to remove barriers to blockchain development
The Federal Council, Switzerland’s executive arm of government, adopted proposals designed to improve the legal framework around blockchain technology.
Wyoming wants to attract crypto firms with blockchain-friendly laws
The state legislature has passed a series of new bills aimed at making Wyoming attractive to the crypto industry.
Vietnam establishing new blockchain friendly regulations
Ho Chi Minh City in Vietnam aims to establish a regulatory framework and policies tackling blockchain in an effort for the development of smart cities.
South Korea wants criminal penalties for unregistered crypto exchanges
Cryptocurrency executives in South Korea that fail to register their exchanges with the country’s regulator could soon be facing time behind bars.
Facebook Libra, like other digital currencies, must comply with rules: Bank of Japan
Speaking about Facebook Libra specifically, Bank of Japan Deputy Governor Masayoshi Amamiya said it was important to bear in mind “the potential global user-base could be enormous.”