The new policy requires operators to tie in with AML/CFT rules, which include processes like verifying the source of funds, monitoring transactions, and other diligence measures. [...] Read More... The post CySEC releases digital currency regulation policy paper appeared first on CoinGeek.
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The head of the Bank for International Settlements has asked central banks to step up their efforts with CBDCs as they face a threat from stablecoins and DeFi. [...] Read More... The post BIS wants central banks to move faster with CBDC amid looming stablecoin pressure appeared…
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The comments from Deputy Chairman Behzod Khamraev came after El Salvador adopted BTC as a legal tender, which led to significant protests and unrest in the country. [...] Read More... The post Uzbekistan ‘no plans’ to overturn digital currency payments ban appeared first on CoinGeek.
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The Indian festive season has kicked off and digital currency firms are spending big on ads seeking to market Bitcoin as the best gift this holiday season. [...] Read More... The post Digital currency firms in India go big on ad blitz for festive season appeared first…
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The Biden administration said the law would not apply to non-custodial actors, but there is still some debate as to how the bill is drafted and what this could mean for the wider sector. [...] Read More... The post Democrats pushing to close digital currency tax loophole…
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The Hackathon attracted over 600 developers, with majority joining solo while others paired up, culminating in 3 projects that will fight it out at CoinGeek NY. [...] Read More... The post 4th Bitcoin SV Hackathon sets new record with most participants in Bitcoin history appeared first on…
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The report views digital currency a trending innovation in finance, but also a threat to the sustainability of financial services due to its environmental impact. [...] Read More... The post European Securities and Markets Authority brands digital currency ‘volatile’ appeared first on CoinGeek.
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GorillaPool mined its first official block, block #704246, on September 10, showing the world that the BSV blockchain isn’t completely dominated by corporate miners. [...] Read More... The post Distributed GorillaPool begins mining blocks on BSV blockchain appeared first on CoinGeek.
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Kenya has ranked first in the world for P2P volume for the second year in a row and fifth for adoption – local traders and startup founders share their views. [...] Read More... The post Kenya leads in global P2P volume for second year in a row…
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The head of the Bank of Mexico compared digital currencies to barter trade as opposed to being a currency, claiming they are similar to precious metals. [...] Read More... The post Bitcoin is for barter, not currency: Mexico central bank chief appeared first on CoinGeek.
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