The Financial Action Task Force (FATF) says delegates from over 200 jurisdictions have agreed on “an action plan to drive timely global implementation of FATF standards” on crypto assets. The standard...
Tag: Jurisdictions
Iceland Emerges as the Most Stable Bitcoin Mining Jurisdictions (Report)
There has been a tremendous transformation in the Bitcoin mining landscape since. Different countries have become the new harbors of miners. One European country has emerged as the world’s largest has...
Crypto Exchange Bittrex to Pay $30M to Settle OFAC Charges It Allowed Sanctioned Jurisdictions to Trade
Between 2014 and late 2017, Bittrex allowed around 1,800 people in sanctioned jurisdictions – including Iran, Cuba, Sudan, Syria and Crimea – to conduct more than 116,000 transactions worth roughly $2...
SEC Accepts That It Seeks More Jurisdictions Over The Crypto Industry !
If you haven’t read the previous episode of this series, read it prior to reading this for a better understanding. Ripple argues that the SEC allows other cryptocurrencies to trade like commodities. X...
Bank of International Settlements: ‘CBDC pilot successful’; $22 million transacted across 4 jurisdictions
CBDC pilot involving China, Hong Kong, Thailand, and the UAE successful 20 commercial banks, $22 million dollars worth of transactions CBDC adoption is being considered by the majority of central bank...
How Entrepreneur-Politicians Will Capture Talent and Harness the Power of Crypto To Improve Their Jurisdictions
HodlX Guest Post Submit Your Post No phrase has become more synonymous with Web 2.0 than Silicon Valley. Companies like Facebook, Apple and Google are nearly equivalent to the Bay Area and its wall...
FATF Report Finds Only 29 Jurisdictions Passed FATF Standards For Virtual Assets and Crypto Service Providers
– Advertisement – Update on FATF standards for virtual assets and service providers. A new FATF report on virtual assets finds only 29 out of 98 jurisdictions have passed the FATF ‘travel ...
Half of assessed jurisdictions don’t have ‘adequate laws and regulatory structures’ — FATF
The Financial Action Task Force, or FATF, reported that many countries, including those with virtual asset service providers (VASPs), are not in compliance with its standards on Combating the Financin...
Jurisdictions in Honduras, Portugal unveil Bitcoin adoption plans
Ex-Blockstream chief strategy officer Samson Mow brought three guests on stage at Bitcoin 2022 to give updates on bitcoin adoption plans in their various countries. However, no government official ann...
Ripple successfully operational in 5 jurisdictions
TL;DR Breakdown Ripple`s CEO states that the entity successfully operates in five jurisdictions as a currency. The ongoing SEC case against XRP weakens its market capitalization daily. The United Stat...
CoinMENA acquires EU license: A step towards new jurisdictions
CoinMENA, headquartered in Bahrain, acquires its second license from the European Union. It might strengthen its banking relationship with other regional and global level banks. It’s a beginning towar...