Affairs - Page 2 of 16

US Congress Encouraged to Regulate Crypto Sector Under Bank Secrecy Act

A Washington DC-based strategic advisory firm, the Financial Integrity Network (FIN), pushed the United States Congress to regulate firms in the cryptocurrency sector under the Bank Secrecy Act (BSA). The FIN recommended that virtual asset service providers (VASPs) should be regulated based on the type of service that they provide, as stated in testimony. The … Continue reading US Congress Encouraged to Regulate Crypto Sector Under Bank Secrecy Act

In Blockchain We Trust? New Paths to Religious Consensus

Religion and technological advancement are concepts that often find themselves in conflict with each other. Those who believe in superiority by higher powers tend to dismiss the more rational and scientific explanations for the grandest issues in human life, and vice-versa. The mere suggestion of using technology for purely religious affairs triggers a strong backlash. … Continue reading In Blockchain We Trust? New Paths to Religious Consensus

Fintech in Belt and Road – the Bavarian Benefits

Belt and Road Initiative—Germany In May 2019, the Munich-based German think tank—Ifo Institute published a study highlighting that the China-proposed Belt and Road Initiative (BRI) can help Bavarian companies enter new markets and ease access to raw materials. The study indicates that through the BRI, trade between Germany’s Bavaria and China is expected to increase by nearly ten … Continue reading Fintech in Belt and Road – the Bavarian Benefits

Jennifer Robertson to Pay $12 Million CAD in Quadrigacx Settlement

As the death of Gerald Cotten, founder of Quadrigacx, a once reputable cryptocurrency exchange in Canada took the world by surprise, efforts to mitigate the losses incurred by users of the platform have hit yet another win for customers whose assets remained unrecoverable as Jennifer Robertson, late Gerald’s wife has issued a statement on Monday, … Continue reading Jennifer Robertson to Pay $12 Million CAD in Quadrigacx Settlement

Belt and Road Summit 2019—Iranian Investment, Malaysian FinTech and the Kazakh Belt Buckle

Rounding off our exclusive interviews for the 2019 Belt and Road Summit, jointly organized by the Hong Kong Trade and Distribution Council (HKTDC) and the HKSAR Government, we share three brief insights from Reza Esmkhani, Consul of Economic & Political Affairs, Iran Consulate General; Miss Noor Ezzwanee binti Ahmad, Trade Commissioner of Consulate General of … Continue reading Belt and Road Summit 2019—Iranian Investment, Malaysian FinTech and the Kazakh Belt Buckle

Ripple Expands Global Regulatory Team and Joins Blockchain Association

Ripple, the San Francisco-based blockchain startup, just announced its inclusion of four new members into its global regulatory team in Washington, D.C. These new members are; Craig Phillips, Michelle Bond, Ron Hammond, and Susan Friedman. At the same time, Ripple also announced that is has been incorporated into the Blockchain Association – an association that … Continue reading Ripple Expands Global Regulatory Team and Joins Blockchain Association

Indian Minister Reveals Crypto Regulatory Measures to Tame Terrorism

Terrorism has emerged to be one of the biggest predicaments across the globe. India is, therefore, not oblivious to this reality as it has revealed stringent measures intended at curbing this menace. On Nov 8, at the “No Money for Terror” conference being held in Melbourne, Australia, G. Kishan Reddy, India’s Union Minister of State … Continue reading Indian Minister Reveals Crypto Regulatory Measures to Tame Terrorism

Indian Bill To Ban Cryptocurrency Excluded From Winter Parliament Agenda

The latest news indicates that the government of India will not be deliberating on the cryptocurrency bill during the winter session of parliament as was previously planned. On Nov. 14 2019, the Lok Sabha – India’s lower house of parliament – released the tentative list of bills which the government is expected to introduce and pass during the upcoming … Continue reading Indian Bill To Ban Cryptocurrency Excluded From Winter Parliament Agenda

Women in Blockchain: Alisa Berezutska of Krypton Events

The Next Block Asia held in Bangkok was a huge success in June 2019. Organized by Krypton Events, Next Block 2.0 will be back in Bangkok on Dec. 3, gathering blockchain leaders to discuss affiliate marketing in the age of crypto. We caught up with Alisa Berezutska, CEO of Krypton Events on her blockchain journey … Continue reading Women in Blockchain: Alisa Berezutska of Krypton Events

Financial Conduct Authority, the Pacemaker of the UK FinTech Revolution

Established on Apr. 1 2013, the Financial Conduct Authority (FCA) regulates the conduct for 59,000 financial services firms and financial markets in the UK. Given that the UK financial service sector employs over 2.2 million people and contributes GBP 65.6 billion taxations in the UK economy, the FCA strives to ensure a fair, regulated payment … Continue reading Financial Conduct Authority, the Pacemaker of the UK FinTech Revolution