Bitcoin Magazine, 1/1/0001 12:00 AM PST The Wall Street Journal reports that Benjamin Lawsky, the superintendent of the New York Department of Financial Services (NYDFS) who is expected to issue this month a new regulation for digital currency businesses called BitLicense, which has been widely criticized for being unnecessarily strict, will leave the NYDFS in June. Lawsky said that he will form a consulting business that will include virtual currency advisory services. “[Lawsky] plans to advise companies on financial matters such as cybersecurity and digital currencies like bitcoin, a new sphere of regulation he helped spearhead in New York,” reports the New York Post. In a recent Medium post titled “How to Prevent New York from Becoming the Bitcoin Backwater of the U.S.,” MIT Digital Currency […] The post Superintendent Lawsky to Leave the NYDFS and Start Consulting Business; Cato Institute Cries Foul appeared first on Bitcoin Magazine. |
CryptoCoins News, 1/1/0001 12:00 AM PST Bitcoin price has advanced in the familiar base-surge pattern to the descending trendline that has capped the past few months’ downtrend. During the early hours of Saturday, Roger Ver accused OKCoin of dishonesty. We take a look at how the market may negotiate the challenge. This analysis is provided by xbt.social with a 3 hour […] The post Bitcoin Price Attempting To Push Higher appeared first on CryptoCoinsNews. |
Bitcoin Magazine, 1/1/0001 12:00 AM PST On June 3, 2015, Vancouver, British Columbia, will host “Digital Finance 2015,” Canada’s first fintech and banking innovation conference, at the Vancouver Club on West Hastings in the city’s trendy West End. Digital Finance 2015 will feature two keynote speakers: Peter Vander Auwera, co-founder of Innotribe innovation will talk about “Innovation in banking: from tactics to strategy.” Sam Maule, emerging payments expert with Carlisle & Gallagher, and one of the “top innovation influencers” will talk about “FinTech’s Disruptive Force in Banking.“ Other speakers include representatives from Canada’s Royal Canadian Mounted Police (RCMP), the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC), Citi (New York), and Overstock (New York). White Paper on Women in Fintech will be released Organizer Christine Duhaime of the […] The post Canada’s First Fintech and Banking Innovation Conference is Coming to Vancouver appeared first on Bitcoin Magazine. |
Bitcoin Magazine, 1/1/0001 12:00 AM PST This is a guest post by Joe Ciccolo, DCC Member and CEO of BitAML. Background The Ripple Labs settlement agreement, the first civil enforcement action brought against a digital currency exchange, demonstrates the perils of piecemeal AML compliance and delayed implementation. Last week, Ripple Labs, the popular payment system, currency exchange and remittance network, reached a settlement with FinCEN and the US DOJ in which it acknowledged AML compliance violations and agreed to fines in excess of $1.1 million. And that’s just the beginning. (More on the true financial and operational cost to Ripple Labs in a moment.) So what happened? And how can we learn from this enforcement action? Analysis When Ripple Labs began blazing its trail in the world […] The post An Analysis of the Ripple Labs FinCEN Enforcement Action appeared first on Bitcoin Magazine. |
Bitcoin Magazine, 1/1/0001 12:00 AM PST This is a guest post by Joe Ciccolo, DCC Member and CEO of BitAML. Background The Ripple Labs settlement agreement, the first civil enforcement action brought against a digital currency exchange, demonstrates the perils of piecemeal AML compliance and delayed implementation. Last week, Ripple Labs, the popular payment system, currency exchange and remittance network, reached a settlement with FinCEN and the US DOJ in which it acknowledged AML compliance violations and agreed to fines in excess of $1.1 million. And that’s just the beginning. (More on the true financial and operational cost to Ripple Labs in a moment.) So what happened? And how can we learn from this enforcement action? Analysis When Ripple Labs began blazing its trail in the world […] The post An Analysis of the Ripple Labs FinCEN Enforcement Action appeared first on Bitcoin Magazine. |
TechCrunch, 1/1/0001 12:00 AM PST
|
CoinDesk, 1/1/0001 12:00 AM PST What might the new UK government's plans for bitcoin regulation look like and is it capable of creating a bitcoin hub? |
CryptoCoins News, 1/1/0001 12:00 AM PST The Bitcoin community has been known for its fair share of drama, and perhaps this is to be expected of such a dynamic new technological space. The most recent public event shaking the Bitcoin world centers on OKCoin, a Chinese Bitcoin exchange many suspect of being fraudulent and possibly insolvent, and the beloved Bitcoin Jesus, […] The post Roger Ver & OKCoin In Dramatic & Public Contract Dispute appeared first on CryptoCoinsNews. |
CryptoCoins News, 1/1/0001 12:00 AM PST Benjamin M. Lawsky, soon to be departing as top regulator at the New York Department of Financial Services (NYDFS) to start a consulting business, defended his bitcoin licensing rules that have drawn criticism from bitcoin advocates, according to a report in Wall Street Journal. Lawsky said his goal for the controversial BitLicense is to establish […] The post Lawsky Defends New York BitLicense, Supports Both Consumer Protection and Bitcoin Innovation appeared first on CryptoCoinsNews. |
CoinDesk, 1/1/0001 12:00 AM PST This week, The New York Times, Wall Street Journal and Bloomberg all gave bitcoin the spotlight with lengthy reports and coverage. |