Cryptocurrency

Switzerland and Israel Collaborate on Cryptocurrency & Blockchain Regulation

The Swiss Minister for Finance Ueli Maurer recently visited Israel along with State Secretary for International Financial Matters Joerg Gasser, citing their goal as gaining bank access to Israeli markets to allow Swiss banks to trade there.

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Japanese Bitcoin Exchange Is Robbed of $60 Million Worth of Cryptocurrency

Japanese cryptocurrency exchange Zaif has been robbed of $60 million worth of digital coins, its parent company Tech Bureau announced. Zaif was hacked on September 14th during a two-hour time frame. Three days later, it uncovered server problems and began to investigate. By September 18th, it confirmed it was hacked and notified authorities.

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Global Standard for Crypto AML in the Works

The leader of the global anti-money laundering (AML) task force said he was optimistic that it is closer to establishing worldwide standards that apply to virtual currencies.

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Cryptocurrency ‘Wild West’ Must Come to an End, UK Lawmakers Say

U.K. lawmakers have said they want to clamp down on the Wild West cryptocurrency market and prepare Britain as a legitimate home for the trading of digital currencies.

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A Third of Banks Expect to Hold Cryptocurrencies on Their Balance Sheets

I received a really interesting report from the law firm DLA Piper last week. The report is focused upon how blockchain is changing the financial services markets around the world, with the aim of establishing the position of major financial institutions with regards to cryptocurrencies and the use of blockchain in their daily operations.

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NY Attorney General Blasts Cryptocurrency Exchanges

It’s not just the hacks and outright scams that make cryptocurrency a risky investment. According to a report from the office of the New York state attorney general, the exchanges themselves – the places where would-be investors go to buy and sell cryptocurrencies like bitcoin and ether – are not doing enough to protect their […]

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Fidelity CEO Hints at Blockchain and Crypto Products

Fidelity Investments is cooking up more blockchain and cryptocurrency-related products and services, with a goal of rolling some of them out in the next few months, according to CEO Abigail Johnson.

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Ripple Hints Its Cryptocurrency Product Will Go Live ‘In the Next Month or So’

Blockchain start-up Ripple could launch a commercial application of its cryptocurrency-focused product in the next month or so, an executive at the company has told CNBC.

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Europe’s Central Bank Wants Nothing to Do With Cryptocurrency (For Now)

Europe’s central bank (ECB) won’t be touching cryptocurrency any time soon. Its president, Mario Draghi, shot down hopes of an EU-sanctioned digital currency, criticising blockchain tech for being too young and fragile to be useful.

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Cryptocurrency and Blockchain Hugely Popular at Universities

According to a recent study, 9 percent of US undergraduates at universities throughout the globe polled had already taken a blockchain related class, and 26 percent intended to. The courses are there, but institutions struggle to keep up with the current demand for them.

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Cryptocurrency Regulation Requires a ‘Do No Harm’ Approach, US Regulator Says

When it comes to the oversight of cryptocurrencies, regulators need to avoid inhibiting innovation, yet be vigilant against manipulation, said U.S. Commodity Futures Trading Commission Chairman J. Christopher Giancarlo.

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Number of Australians Holding Cryptocurrency Doubles, New Survey Finds

A new August survey says the number of Australians currently holding virtual currency has nearly tripled since a similar study was carried out in January. Nations like Malta and Switzerland often dominate headlines when it comes to cryptocurrencies.

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