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Financial Action Task Force Wants To Turn BTC Exchanges Into Banks

Financial Action Task Force or the FATF aims to make about 200 countries around the world to treat bitcoin exchanges like banks. The latest cryptocurrency news comes today after the reports published on June 11. The intergovernmental body reported that it wants to change how…

Leaked Details of India’s Supposed New Cryptocurrency Bill Analyzed

Excerpts from what could be India’s new cryptocurrency bill have been leaked. While local media have made outrageous claims about the details of the bill, industry experts have pointed out numerous flaws and inaccuracies. Meanwhile, the country’s finance secretary has confirmed that the crypto regulation…

G20 Finance Leaders Ask Regulators To Monitor Crypto Risks

G20 finance leaders and central bank governors are asking the Financial Stability Board (FSB) to consider working on multilateral responses to crypto and to provide better risk monitoring. In the latest cryptocurrency news, we read more on the requests. The G20 finance leaders asked the…

G20 Starts Crypto Discussions – A Look at Global Standards

Finance ministers and central bank governors from the G20 countries have gathered this weekend for a two-day meeting ahead of the G20 summit, and cryptocurrency is among the topics of discussion. Global standard-setting bodies have submitted their policies and provided tools to help the member…

As ‘Crypto Dad’ exits the CFTC, Treasury official to enter

The Commodity Futures Trading Commission (CFTC) is losing its “Crypto Dad” J. Christopher Giancarlo for a senior Treasury official. The U.S. Senate voted to approve Heath Tarbert as the next chairman of the CFTC in a 84-9 vote Wednesday. The CFTC regulates products like derivatives…