Over 200 Jurisdictions Agree on Timely Implementation of FATF Crypto Standards
The Financial Action Task Force (FATF) says delegates from over 200 jurisdictions have agreed on “an action plan to drive timely global implementation of FATF standards” on crypto assets. The standard-setting body said many countries have failed to implement its previous requirements on crypto, including the “travel rule.” Countries Agree to Implement FATF Crypto Standards The Financial Action Task Force (FATF), an intergovernmental...
IMF Calls for ‘More’ Crypto Regulation — Says Banning Should Be an Option
International Monetary Fund (IMF) Managing Director Kristalina Georgieva says crypto needs “more regulation.” She added, “We should not take off the table banning those assets,” if regulation fails or is too slow to implement. IMF’s Chief Calls for More Crypto Regulation IMF Managing Director Kristalina Georgieva talked about crypto regulation Saturday on the sidelines of G20 meetings for finance ministers and central bank governors...
Media Sowed Piracy Panic For Years, Their VPN Ads Now Panic Hollywood
During international holidays, news in a tight niche like ours can completely dry up, so when an exciting headline suddenly appears after 14 hours at a desk, things aren’t so bad after all. Sadly, ‘exciting’ headlines that began appearing around 2017 didn’t help. Dramatic news articles in UK tabloids often plagiarized articles published by TorrentFreak. But worse than that, many featured massive exaggerations that insulted even basic...
Israeli Startup Chain Reaction Raises $70 Million to Build Blockchain Silicon
Chain Reaction, a Tel Aviv-based blockchain startup, announced it has raised $70 million as part of its Series C funding round. The objective of the company is to expand its engineering staff to accelerate the production of its blockchain-focused silicon and collaborate in the development of its cryptographic-focused chips. Chain Reaction Raises $70 Million in Series C Funding Round Chain Reaction, a startup that focuses on building...
IMF Board Offers Guidance for Developing Effective Crypto Policies
The executive board of the International Monetary Fund (IMF) has provided guidance for member countries to develop effective crypto policies. The board stressed the need to develop comprehensive crypto regulations to “better mitigate the risks posed by crypto assets while also harnessing the potential benefits of the technological innovation.” IMF Executive Board Provides Guidance on Crypto Regulation The International Monetary Fund...
