Money laundering watchdog pushes for crypto information-sharing rules

Most countries lack “travel rule” laws that could help prevent the illicit use of cryptocurrency by criminals and terrorists, a global anti-money-laundering watchdog said on 30 June. The rules would require companies and service providers to share information about senders and recipients in cryptocurrency transactions. Only about 30% of jurisdictions surveyed by the Financial Action Task … Baca Selengkapnya

Regulators in New York eye further crypto guidance

The head of the New York State Department of Financial Services said she wants the regulator to continue to be a leader in cryptocurrencies, remaining upbeat on virtual assets despite the industry’s turmoil. The regulator has issued more cryptocurrency-related licenses so far in 2022 than it did in all of 2021, its superintendent, Adrienne Harris, said … Baca Selengkapnya

5 best practices for cloud data protection

GUEST OPINION: Cloud data security measures are critical for data privacy and network security. By 2025, Gartner predicts more than 95% of new digital workloads will be deployed on cloud-native platforms, up from just 30% in 2021. Despite the rapid transition to the cloud, most companies do not have an adequate cloud security strategy to … Baca Selengkapnya

Crypto industry fears EU crackdown on NFTs – POLITICO

Press play to listen to this article Crypto companies fear a new way of selling digital assets like artwork, music, memes — and even tweets — could soon be weighed down by Brussels’ old bureaucracy. EU legislators are debating whether they should rope the market for so-called NFTs — non-fungible tokens — into an EU … Baca Selengkapnya

‘There’s no safe haven anywhere’: Crypto swindles are rampant. Will the crypto crash make them worse?

It started a cryptocurrency investing opportunity that slid into George Kissi’s direct messages in late April. It’s ending with a bitcoin loss of almost $20,000 that the self-declared “risk taker” from Dublin, Ohio calls “a total scam.” “I don’t know why I fell for that, other than greed,” Kissi, 49, told MarketWatch. When you have … Baca Selengkapnya

Crypto lobbyist donated £500k to Conservatives before UK’s ‘crypto hub’ move

The Conservative party received a £500,000 donation from a British crypto investor two months before the government pledged to make the UK “the very best place in the world” to build crypto businesses. Christopher Harborne, a Thailand-based businessman, made the payment on 9 February. The government two months later announced its intention to turn the … Baca Selengkapnya

Crypto Evangelists Find Out Assets Aren’t FDIC-Insured the Hard Way

It has been a rough couple of months for crypto enthusiasts. Starting earlier this year, all types of digital currency began to slip and slide. Sometimes that encompasses large, familiar names like bitcoin, and others it swept up lesser-known coins like terra. But either way, by the afternoon of June 13, it became obvious that … Baca Selengkapnya

Binance resumes bitcoin withdrawals as crypto prices crater

The world’s largest cryptocurrency exchange, Binance, resumed withdrawals of bitcoin after it instituted a “temporary pause” Monday morning that latest several hours, the company said. Binance founder and CEO Changpeng Zao announced the pause on Twitter earlier in the day. “Withdrawals on the Bitcoin network have now resumed,” the company said in a statement on … Baca Selengkapnya

Washington descends on crypto conference to talk regulation: federal stablecoins law could be passed this year

(Kitco News) After the widely well-received Lummis-Gillibrand crypto bill, U.S. lawmakers are ready to roll up their sleeves to pass a clear federal stablecoin law following the TerraUSD stablecoin collapse. U.S. lawmakers descended on Austin, Texas this week to attend a popular Consensus 2022 crypto conference that featured over 400 speakers … Baca Selengkapnya

Explained | What are SEBI’s concerns around crypto assets? 

Why has the market watchdog said it is difficult to regulate such currencies? What is the status of the bill?  Why has the market watchdog said it is difficult to regulate such currencies? What is the status of the bill?  The story so far: The Securities and Exchange Board of India (SEBI), the watchdog which … Baca Selengkapnya