670 Results from /crypto
Retired Member
It’s no surprise that the 5th Money Laundering Directive tightened up on the cryptocurrency sector in the EU, finally catching up with the US. There has been a void in regulations in this sector which has certainly enabled bad actors to avoid appropriate checks and allowed fraud and other criminal activity to steam ahead using this currency. Both ...
09 March 2020 /crypto Cryptocurrency Insights
Konstantin Rabin Head of Marketing at Kontomatik
Cryptocurrencies had a great year in many respects. For the first time, large banks started collaborating with cryptocurrencies and considered the idea that this form of payment might actually be here to stay for a long time. We also saw a lot of resistance from the governing bodies and regulators that don’t want to see that change happen and woul...
03 February 2020 /crypto /crime Law and Finance
Roberto Garavaglia Independent Advisor at Innovative Payments & blockchain Strategic Advisor
A complete analysis of token definitions, their main uses, the future of decentralized applications and token-economy, in an evolutionary path that goes beyond the 3.0 paradigm, crosses that of Industry 4.0, to attain a Society 5.0 concept. These are the contents of this article that, starting from the examination of the term “token”, very often c...
01 February 2020 /crypto Blockchain Observations
Cryptocurrency has completely changed the way people approach currency trading and market regulations in general. While the concept is still relatively new to some people it has become one of the most popular talking points for everyone involved in finance and technology. Most countries are on the journey towards creating a crypto friend environme...
28 January 2020 /regulation /crypto Cryptocurrency Insights
Carlo R.W. De Meijer Owner and Economist at MIFSA
In my last Blog I suggested that regulation of the crypto markets would be one of the main issues for 2020 and beyond. There seem to be urgent need for more clarity on many cryptocurrency issues. The EU Fifth ALM Directive came into effect early January, while ESMA announced its plans to develop a legal framework for cryptocurrencies in 2020. In t...
20 January 2020 /crypto Blockchain Observations
Steve Morgan Banking Industry Market Lead at Pegasystems
The EU's Fifth Anti-Money Laundering Directive (“5AMLD”) will subject certain participants in the crypto-asset sector to regulation for anti-money laundering (AML) and counter-terrorism financing (CTF) compliance purposes. While it most crypto-asset companies will not be ready to comply by 10 January 2020 (the date EU member states are required to...
07 January 2020 /regulation /crypto The future of Payments in Europe
When cryptocurrencies stole the spotlight a few years ago, formal regulation was slow to track the explosive growth. Initial coin offerings (ICOs) and new cryptos came into the forefront with ‘dot-com’ bubble speed until early 2018, when the U.S. Securities and Exchange Commission (SEC) slapped the wrists of lawyers advising the crypto ICOs which...
23 December 2019 /regulation /crypto
Urvish Macwan Team Leader at Hyperlink Infosystem
In every 30, 40 or 50 years, the status quo must be challenged, modified, transformed, in order to avoid the accumulation of power, centralization, totalitarianism, and corruption. Corruption is inherent in power systems, and there is no more tyrannical power than power over money. Only one billion people worldwide have access to banking services...
16 December 2019 /crypto Blockchain Observations
This morning, while evaluating official activity over the last 24 hours globally regarding cryptocurrency and FinTech regulation, this speech in Malaysia caught our attention. The speech highlighted impressively high crypto usage data. The data was eye-popping enough to justify delving into the 60+ page report released by the OECD today. Back...
11 December 2019 /regulation /crypto Digital Asset Class (DAC)
George Zarya
Germany is traditionally seen as a trustworthy player in the financial space, not least because of its approach to regulation. Deutschland’s compliance approach and traditional conservative values when it comes to finance made it an unexpected, but natural successor to carry the crypto torch when it put itself on the path of allowing banks to acce...
03 December 2019 /crypto Fintech
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