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    French Finance Minister: Libra will not become a sovereign currency, it is not discussed

    French Finance Minister: Libra will not become a sovereign currency, it is not discussed

    The EU has already responded to the cryptocurrency initiative of Facebook called Libra and called on regulators to study the project carefully. In particular, French Finance Minister Bruno Le May said that the Libra token should not and cannot become a sovereign currency, reports Bloomberg. "This is not discussed at all," he concluded. Le Mayor also called on the central banks of the G7 countries.

    YESTERDAY

    News

    Facebook’s Libra Could Meet ‘Highest Standards’ in Regulation: BoE Governor

    Facebook’s Libra Could Meet ‘Highest Standards’ in Regulation: BoE Governor

    Facebook’s Libra cryptocurrency payments initiative could be subject to the “highest standards” in global regulation, said Mark Carney, the governor of the Bank of England.

    YESTERDAY

    News

    U.S. lawmaker calls for Facebook to pause cryptocurrency project

    U.S. lawmaker calls for Facebook to pause cryptocurrency project

    A leading U.S. House lawmaker on Tuesday called on Facebook Inc to halt development on its new cryptocurrency and for company executives to testify before Congress, adding to global concerns about what the digital currency could mean for data privacy and security.

    YESTERDAY

    News

    Bitcoin ETF Will Be Approved When This Happens: SEC Commissioner

    Bitcoin ETF Will Be Approved When This Happens: SEC Commissioner

    An SEC commissioner who’s a bitcoin skeptic admits the agency is experiencing internal disagreements over how to regulate crypto. However, Robert Jackson says the SEC will be more likely to approve crypto proposals, such as a bitcoin ETF, once the industry matures.

    18 JUNE 2019

    News

    Stonewalled by FINRA, Up to 40 Crypto Securities Wait in Limbo for Launch

    Stonewalled by FINRA, Up to 40 Crypto Securities Wait in Limbo for Launch

    The Financial Industry Regulatory Authority (FINRA), Wall Street’s self-regulatory organization (SRO), has sat for months on some 40 applications from companies that touch cryptocurrencies, numerous people who deal with the agency told CoinDesk.

    18 JUNE 2019

    News

    Nevada Governor Signs Multiple Blockchain-Focused Bills

    Nevada Governor Signs Multiple Blockchain-Focused Bills

    Nevada has passed several distributed ledger technology (DLT) related bills to boost blockchain investment in the state.

    17 JUNE 2019

    News

    Expert: DAO registration is just a marketing trick
    Exclusive

    Expert: DAO registration is just a marketing trick

    The registration of a decentralised autonomous organization (DAO) dOrg based on the DAOstack framework in the USA is nothing but an advertising move. That’s what Dmitry Goncharenko, the co-founder of Brightman - legal fintech consulting, told LetKnow.News.

    14 JUNE 2019

    Exclusive

    News

    Expert: Miners should not be afraid of horror stories from the State Duma
    Exclusive

    Expert: Miners should not be afraid of horror stories from the State Duma

    Despite the “horror stories” from the State Duma, the situation for miners in Russia is unlikely to change, since the government is quite happy with the current state of affairs. That’s what in an exclusive comment for LetKnow.News claims Yuri Dromashko, a professional miner.

    14 JUNE 2019

    Exclusive

    News

    Philippines Central Bank Warns on Risks of Growing Cryptocurrency Use

    Philippines Central Bank Warns on Risks of Growing Cryptocurrency Use

    The chief of the Philippines central bank has warned over the risks of growing cryptocurrency use in the country.

    13 JUNE 2019

    News

    Gov’t of Brazil to Consider Bill Requiring Public Administration to Promote Blockchain

    Gov’t of Brazil to Consider Bill Requiring Public Administration to Promote Blockchain

    The Brazilian government will consider a draft bill that requires all units of local public administrations to promote new technologies such as blockchain, Cointelegraph Brazil reports on June 11.

    13 JUNE 2019

    News

    Bitfinex sister exchange wants to fully decentralize amid regulatory fears

    Bitfinex sister exchange wants to fully decentralize amid regulatory fears

    Ethfinex, the sister exchange of troubled crypto exchange Bitfinex, plans to cede operational control to a decentralized autonomous organization (DAO) built by DAOstack, in an effort to foster “decentralized governance”—something its co-founder believes will make it harder for regulators to crack down on.

    12 JUNE 2019

    News

    G20 Finance Leaders Ask Global Regulators to Consider Multilateral Response to Crypto

    G20 Finance Leaders Ask Global Regulators to Consider Multilateral Response to Crypto

    G20 finance ministers and central bank governors have asked the Financial Stability Board (FSB) and global standard-setting organizations to monitor risks around crypto assets. The request was made in a joint communiqué published on the website of Japan’s Ministry of Finance on June 9, following the G20 meeting held in Fukuoka, Japan.

    10 JUNE 2019

    News

    Vancouver mayor suggests Bitcoin ATM ban to stop money laundering

    Vancouver mayor suggests Bitcoin ATM ban to stop money laundering

    Vancouver has cryptocurrency growing pains. The city’s police labeled Bitcoin ATMs an “ideal money laundering vehicle,” and its mayor has even suggested a complete ban.

    8 JUNE 2019

    News

    Australia targets cryptocurrencies in international tax crackdown

    Australia targets cryptocurrencies in international tax crackdown

    Australian tax officials are investigating a dozen transnational high-end tax avoidance schemes detected through global data sharing by key countries focused on the abuse of cryptocurrencies.

    7 JUNE 2019

    News

    SEC Chairman: Other Market Protections Needed Before Bitcoin ETF Approval

    SEC Chairman: Other Market Protections Needed Before Bitcoin ETF Approval

    United States Securities and Exchange Commission (SEC) Chairman Jay Clayton said that the regulator needs to feel comfortable with cryptocurrency custody and ensure no market manipulation can take place before approving a crypto exchange-traded fund (ETF). Clayton made his remarks during an interview with CNBC on June 6.

    7 JUNE 2019

    News

    Firm That Saw Stock Boost After Crypto ‘Pivot’ Hit With New SEC Charges

    Firm That Saw Stock Boost After Crypto ‘Pivot’ Hit With New SEC Charges

    The U.S. Securities and Exchange Commission (SEC) filed new charges against fintech company Longfin Corp. and its CEO, Venkata Meenavalli, alleging that the company committed fraud when it claimed to bring in more revenue than it had in order to secure an exchange listing for its shares.

    6 JUNE 2019

    News

    Malta Needs to Up Its AML Game As Crypto Sector Grows, Says EU

    Malta Needs to Up Its AML Game As Crypto Sector Grows, Says EU

    Malta needs to increase its levels of anti-money laundering (AML) policing to match the growth in financial services, according to the EU.

    6 JUNE 2019

    News

    Japan’s Crypto Traders May Face Closer Scrutiny Over Tax Avoidance

    Japan’s Crypto Traders May Face Closer Scrutiny Over Tax Avoidance

    Japanese tax authorities are planning to take action on the under-reporting of cryptocurrency-based profits.

    6 JUNE 2019

    News

    Brazil Establishes Committee for Cryptocurrency Regulation

    Brazil Establishes Committee for Cryptocurrency Regulation

    The President of the Chamber of Deputies of Brazil has ordered to establish a commission to consider cryptocurrency regulation in the country, Cointelegraph Brasil reported on May 31.

    1 JUNE 2019

    News

    Japan Officially Approves Bill to Amend National Legislation Governing Crypto Regulation

    Japan Officially Approves Bill to Amend National Legislation Governing Crypto Regulation

    The Japanese House of Representatives has officially approved a new bill to amend national laws that govern crypto regulation, Cointelegraph Japan reported on May 31.

    31 MAY 2019

    News

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