The first meeting of the G20's Digital Economy Task Force is being held in Buenos Aires on February 8 and 9. German and French finance ministers and central bank governors have sought joint action by the G20 group of advanced and developing countries to tackle the risks posed by cryptocurrencies, reports said Friday. In a letter to the finance minister of Argentina, which holds the G20 presidency now, they have asked the matter to be placed ...
Barry Silbert, CEO of crypto holding company Digital Currency Group (DCG), surprised an audience full of crypto fans at Yahoo Finance’s “All Markets Summit: Crypto” event in New York. If you’re a big believer in holding lesser-known cryptocurrencies, you’ll want to sit up and take notice. Barry Silbert, CEO of crypto holding company Digital Currency Group (DCG), surprised an audience full of crypto fans at Yahoo Finance’s “All Markets Summit: ...
The Northern Territory Racing Commission (NTRC), the Australian regional gambling regulator, is set to ban gambling using cryptocurrency in Australia. NTRC is against adding cryptocurrencies to Australian Gambling Websites. The chairman of the NTRC has reportedly sent out an informal email to all sports bookmakers and betting exchange operators in the Northern Territory asking them to immediately cease and desist from transacting in cryptocurrency. ...
Regulators may need more power/clarification from Congress to control Bitcoin says Senate Banking Committee Chair Mike Crapo. SEC Chair Jay Clayton left the door open to asking for it. He said appropriate federal regulation of cryptocurrencies may include: data reporting, capital requirements, cybersecurity standards, measures to prevent fraud and price manipulation and anti-money laundering and “know your customer” protections. He said ...
Investors have pointed to many different factors as causes for the drop. “At first, people said it was Bitcoin futures expiring,” says Kyle Samani, managing partner at Austin-based crypto investment firm Multicoin Capital. Some have cited reports that China is planning to ban crypto-asset trading on all exchanges, including those based in other countries. Others discussed impending U.S. regulation or claimed that people were selling to pay taxes, according to Samani. And Monday’s steep drop in the ...
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