Regulation

Check out the top five ways of how artificial intelligence (AI) is successfully transforming the crypto into a thriving industry.While it can be easily said that no industry or business department has been left untouched by artificial intelligence, there is still one primary industrial sector left. Cryptocurrency is one of the significant products of the digital era. A complete software-based digital currency following a decentralized regulation method. That means there is no authority or...

Former action film actor Steven Seagal is in trouble with the Securities and Exchange Commission (SEC). The “Above the Law” and “Under Siege” star has agreed to pay more than $300,000 in penalties to the agency to settle the fact that he failed to disclose to agents that he had been paid a hefty sum to promote a cryptocurrency venture.Steven Seagal Hit Hard by the SECFederal securities laws are in place that require celebrities to reveal any and all payments they might receive for touting,...

Binance will now work with the Shyft Network provides industry-wide solutions to meet the FATF requirements. For this, the network uses its database bridging, identity passporting, and data attestation infrastructure. As crypto exchange Binance spreads its wing in the global market, it is working on complying with the Financial Action Task Force (FATF) regulations. Recently, Binance joined hands with public blockchain protocol Shyft Network for cross-industry KYC data sharing.The Shyft...

Hey Krypto Fans, willkommen zur Bitcoin-Informant Show.  Heute im Interview der legendäre John McAfee. Telegram Kanal: https://t.me/bitcoininformantSteemit: https://steemit.com/@denniskorayInstagram: https://www.instagram.com/denniskoray/Facebook: https://www.facebook.com/btcinformant/ Sonnige GrüsseDennis „Bitcoin Informant“ Koray

It looks like Brazil’s hardcore tax laws are starting to hurt its crypto industry. Two digital exchanges in Brazil – Acesso and Latoex – have shut their doors permanently, claiming they cannot adhere to the country’s new tax laws which they cite as extremely strict and rigid.Crypto Companies in Brazil Are Facing the HeatBoth trading platforms say they are facing heavy fines. In addition, the tax laws have caused a lot of people to exit the space altogether, and thus both companies are facing...

It looks like bitcoin and crypto are gearing up to be regular, hot debate topics during this year’s U.S. presidential election.Bitcoin Is Gearing Itself UpAs we all know, Andrew Yang was originally serving as the “crypto candidate” for Democrats throughout the country. Among Yang’s plans were to alleviate some of the tension in the regulatory space by making the rules surrounding crypto activity and trades less complicated and easier to understand for normal, everyday traders.Yang, however,...

Today, a news report from Reuters has mentioned, once again, that the blockchain industry continues to develop at an unprecedented speed, and that regulators need to get themselves caught up to speed, or risk behind left behind in the dust.In fact, the report suggests that many of the world’s Central Banks are becoming increasingly worried that the ongoing development of cryptocurrencies and digital assets is threatening the very balance of the current global financial system.Their belief is...

In the framework of his campaign, U.S. presidential candidate Michael Bloomberg offered to develop a regulatory framework for cryptocurrencies.Billionaire entrepreneur, who turned politician, Michael Bloomberg is currently the U.S. presidential candidate 2020. As the U.S. Democratic party presidential campaign enters its closing stages, aspirants are throwing all they have in the ring to gain the support of democrats nationwide and Michael Bloomberg is not one to be left out.The billionaire...

As of Monday, February 17th, 2020, U.S. presidential candidate, Micheal Bloomberg, and his campaign team have published a formal financial reform plan, aimed at strengthening the U.S. economy and helping it recover from the “the damage Trump has done” following the financial crisis of 2008.Amongst dozens of other financial recommendations, the formal proposal also included the mention of creating a “clear regulatory framework for cryptocurrencies.” According to Bloomberg, “Cryptocurrencies...

Bitcoin is down another $200 at press time, meaning it’s fallen by about $600 over the past 48 hours. What could be going on that we’re not seeing?Bitcoin Is Set to Become More RegulatedIt could be that bitcoin and other cryptocurrencies are reacting to the news that more legislation is heading their way. This week, Treasury secretary Steven Mnuchin explained that hardcore regulations are about to hit the cryptocurrency arena very soon, and while they’re eager to allow cryptocurrency trading...