The USA Commodity and Futures Trading Commission Commissioner called Brian Quintenz has made a very unusual suggestion. He believes, that cryptocurrency industry should take care of their regulation on its own. It should create, he believes, a self-regulatory body. This remark was made on the 12th February and now it went viral. The commissioner believes,
Cryptocurrency payment processor CoinGate will support the native token of Ripple XRP, to enable it for payments for goods. The company announced about it on the 1st February 2019. Now, XRP owners can use the tokens in more than 4,500 online ships, as the firm announces. The firm is offering the first native XRP payment
Coinbase, the American cryptocurrency and wallet service, has teamed up with Intuit Consumer Tax Group to integrate the latter’s popular software TurboTax. This will greatly facilitate Coinbase and Coinbase Pro customers in the US the process of claiming crypto trades on their taxes. Coinbase customers can upload as many as 100 transactions at once. The
Europol, the European Union law enforcement agency, led an operation that resulted in the arrest of a 36-year-old British man suspected of stealing more than $11 million worth of iota tokens. The arrest took place in the city of Oxford, UK, and it was possible thanks to the cooperation of British and German police agencies.
The Minister of Finance if the Netherlands Pete Hoekstra has received a notice about the need to introduce an official licensing system for cryptocurrencies operations. This has been reported by Dutch media source Nederlandse Omroep Stitching on the 18th of January. Previously, the Minister requested an advice from the Netherland`s Authority for Financial Markets and
Tron, the team of cryptocurrency project, is reportedly partnered with the largest search engine of China, Baidu. For now, neither Baidu nor Tron confirmed the partnership, but there are rumors that it will be revealed officially the next week in the cloud of Baidu. Coinness claims that Tron has already officially confirmed their partnership with
International banks representatives and other financial officials believe that there are no risks to financial systems connected with cryptocurrency. As well, according to their opinion, cryptocurrency doesn’t pose any danger to a financial system of any country. On the contrary, the FSB, an international agency that consists of 68 local institutions, regulators, ministries of finance
The largest telecom operator in Mongolia has received the license to issue its own digital currency. Mobifinance, which is a financial arm of Mobicom, is going to issue its own cryptocurrency, dubbed Candy, to investors. The bank executives have received the permission from the Central Bank of Mongolia. The bank and the company representatives believe,