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Malaysia issues draft regulations for crypto currency businesses [KUALA LUMPUR] Malaysia's central bank on Thursday said it had issued draft regulations for digital currency businesses, but said that such currencies were still not legal tender in the country. A draft of the guidelines, which has been issued for public consultation, says digital currency exchange ...
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US derivatives watchdog outlines exemptions for virtual currency trades The proposed legal interpretation issued by the Commodity Futures Trading Commission (CFTC) should ultimately see more virtual currency operators come under the CFTC's direct oversight and is likely to lead to a flurry of enforcement actions against operators that may be putting investors at risk.
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Moves in South Korea to make cryptocurrency trading more transparent The statement added virtual currency exchanges with more than 2 billion won ($1.83 million) worth in assets would be allowed to operate. Measures, which are not mandatory, will start being imposed beginning Jan. 1 next year, the country's only association for virtual currency exchanges said.
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Peru's currency slips by 0.49 pct on political instability LIMA, Dec 15 (Reuters) - Peru's sol currency depreciated by 0.49 percent against the dollar in early trading on Friday, amid calls in the opposition-dominated Congress for President Pedro Pablo Kuczynski to resign or face impeachment. Late on Thursday, Kuczynski denied any wrongdoing related to ...
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Treasury wants to regulate virtual currency Bitcoin The digital currency Bitcoin has been making headlines this week after a huge increase in value, but ministers are to introduce tighter regulations on the virtual currency over concerns it is being used to launder money and dodge tax. Daily Politics reporter Emma Vardy looks at how some MPs believe ...
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Bitcoin: US prosecutors rush to millions of dollars worth of digital currency seized in drug bust In court documents pressing for a quick sale, the US Attorney's Office for Utah referenced the digital currency's volatility. The bitcoin cache was worth less than $US500,000 ($650,700) when Aaron Shamo was arrested on drug charges, but the value of the digital currency has skyrocketed since then.
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Ripple's XRP overtakes bitcoin cash as 3rd largest cryptocurrency Ripple's XRP cryptocurrency has seen a tremendous gain of 78.2% over the past 24 hours, propelling it to a market cap of $32.029 billion and making it the third-largest digital currency. It trails just bitcoin and Ethereum, according to CoinMarketCap.com. Founded in 2012 by what was then known as ...
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Exchange mutilated currency notes before Dec. 31: CBSL While requesting people to refrain from mutilation, alteration or defacement of Sri Lanka currency notes, the Central Bank of Sri Lanka (CBSL) advised people to exchange such currency notes from the nearest branch of Licensed Commercial Banks on or before December 31. The CBSL in a statement ...
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WEB | ||||||
CFTC Issues Proposed Interpretation on Virtual Currency "Actual Delivery" Washington, DC — The Commodity Futures Trading Commission (CFTC) today announced a Proposed Interpretation concerning its authority over retail commodity transactions involving virtual currency, such as bitcoin. Specifically, the Proposed Interpretation sets out the CFTC's view regarding the ...
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