US Develops Cryptocurrency Intelligence Program Targeting P2P Sites, Forums, Darknet Markets

US Develops Cryptocurrency Intelligence Program Targeting P2P Sites, Forums, Darknet MarketsThe U.S. Department of Homeland Security has revealed a cryptocurrency intelligence program aimed at identifying unlicensed crypto businesses using P2P sites, online forums, and darknet markets. These areas have consistently presented “a significant challenge to law enforcement” and the Financial Crimes Enforcement Network (FinCEN). Also read: Regulatory Roundup — Trump’s Cryptocurrency Proposals, IRS Changes Rule, […]

The post US Develops Cryptocurrency Intelligence Program Targeting P2P Sites, Forums, Darknet Markets appeared first on Bitcoin News.

G20 Kicks Off 2020 Discussion on Cryptocurrencies — Urges Countries to Apply FATF Standards

G20 Kicks Off 2020 Discussion on Cryptocurrencies — Urges Countries to Apply FATF StandardsThe G20 finance ministers and central bank governors had their first 2020 meeting this weekend in Saudi Arabia. They discussed cryptocurrencies and stablecoins, and issued a statement urging countries to implement the cryptocurrency standards set by the Financial Action Task Force. They were also informed that the Financial Stability Board will soon issue its crypto […]

The post G20 Kicks Off 2020 Discussion on Cryptocurrencies — Urges Countries to Apply FATF Standards appeared first on Bitcoin News.

Chinese Government-Backed Institute Releases New Ranking of 37 Crypto Projects

Chinese Government-Backed Institute Releases New Ranking of 37 Crypto ProjectsChina’s Center for Information and Industry Development has published its latest crypto project ranking — the first this year. A total of 37 crypto projects, two more than in the previous ranking, were evaluated and ranked overall this month as well as in three separate categories. Also read: Bitcoin, Tesla Stock, Tron: How Warren Buffett […]

The post Chinese Government-Backed Institute Releases New Ranking of 37 Crypto Projects appeared first on Bitcoin News.

Bitcoin Superstar and Bitcoin Era – The Latest Two Faces of the Same Scam

Bitcoin Superstar and Bitcoin Era - The Latest Two Faces of the Same ScamWith the rising price and popularity of bitcoin come numerous scams. Bitcoin Superstar and Bitcoin Era are two investment schemes that have recently gained much attention. News.Bitcoin.com took a look at them, and it did not take much to spot how similar they are to each other and several other well-known scams. Also read: Bitcoin, […]

The post Bitcoin Superstar and Bitcoin Era – The Latest Two Faces of the Same Scam appeared first on Bitcoin News.

Boerse Stuttgart: New German Crypto Regulation Poised to Attract Institutional Investors

Boerse Stuttgart: New German Crypto Regulation Poised to Attract Institutional InvestorsSince the new German crypto regulation went into effect, financial institutions in Germany have been preparing to offer crypto custody services. Among them is Boerse Stuttgart, the country’s second-largest stock exchange. Having obtained a provisional license from BaFin, the regulator in charge of licensing crypto service providers, Boerse Stuttgart is preparing to offer crypto custody […]

The post Boerse Stuttgart: New German Crypto Regulation Poised to Attract Institutional Investors appeared first on Bitcoin News.

Regulatory Roundup: Trump’s Cryptocurrency Proposals, IRS Changes Rule, China Quarantines Cash

Regulatory Roundup: Trump's Cryptocurrency Proposals, IRS Changes Rule, China Quarantines CashIn this roundup, we cover numerous cryptocurrency regulatory developments in the U.S., including President Trump’s crypto proposals, testimonies by the Federal Reserve chairman and the Treasury secretary, a crypto-friendly SEC proposal, and the IRS changing a crypto tax rule. We also cover China quarantining yuan bills, its central bank filing 84 digital currency patents, 40 […]

The post Regulatory Roundup: Trump’s Cryptocurrency Proposals, IRS Changes Rule, China Quarantines Cash appeared first on Bitcoin News.

84 PBOC Digital Currency Patents Show the Extent of China’s Digital Yuan

84 PBOC Digital Currency Patents Show the Extent of China's Digital YuanThe People’s Bank of China (PBOC) has reportedly filed 84 patents relating to its plans to launch a digital currency. The patents reveal the central bank’s plans which include integrating digital currency wallets into existing retail bank accounts. The potential for the Chinese central bank digital currency to achieve scale from the get-go has put […]

The post 84 PBOC Digital Currency Patents Show the Extent of China’s Digital Yuan appeared first on Bitcoin News.

Trump Views Crypto a Threat, Proposes Countermeasures in New Budget

Trump Views Crypto a Threat, Proposes Countermeasures in New BudgetThe White House released the Budget of the U.S. Government on Monday, outlining some proposals to increase cryptocurrency oversight which President Donald Trump views as priorities. The budget proposes giving the Treasury more power over crypto and requests funding for FinCEN to expand its efforts to combat threats including from cryptocurrency. Also read: Bitcoin, Tesla […]

The post Trump Views Crypto a Threat, Proposes Countermeasures in New Budget appeared first on Bitcoin News.

Brussels Asks Europeans How to Regulate Bitcoin, Public Consultation Continues Into March

Brussels Asks Europeans How to Regulate Bitcoin, Public Consultation Continues Into MarchThe European Commission is gathering feedback from EU citizens, businesses, regulators and other interested parties to establish a regulatory framework for crypto assets and markets on a European level. The public consultation which started in December will continue until March 19, 2020, with the finalized proposal expected in the third quarter. Also read: Swiss Financial […]

The post Brussels Asks Europeans How to Regulate Bitcoin, Public Consultation Continues Into March appeared first on Bitcoin News.

40 Banks in Germany Declare Intent to Offer Crypto Services Under New Law

40 Banks in Germany Declare Intent to Offer Crypto Services Under New LawMore than 40 financial institutions in Germany have reportedly declared to the country’s financial regulator, BaFin, their interest to offer cryptocurrency services under the new German law. News.Bitcoin.com reached out to the regulator for some more information. The law, which went into effect early this year, enables banks to offer crypto services after obtaining a […]

The post 40 Banks in Germany Declare Intent to Offer Crypto Services Under New Law appeared first on Bitcoin News.