The European Parliament’s Economic and Monetary Affairs Committee has voted to impose strict regulations on banks seeking to hold cryptocurrency. A leaked version of the measure, reported by CoinDesk, reveals this is also a way to gauge the impact of new meets traditional financial systems The move is intended to anticipate international norms that would […]
Recently, an United States Senator proposed a conjunction of bills in order to make bitcoin a legal tender in the State of Arizona. The proposed legislation would make bitcoin a legitimate form of currency in Arizona, allowing it to be used to pay bills, taxes, and other financial responsibilities. This would imply that all transactions […]
The New York Department of Financial Services (NYDFS) has released guidelines for licensed crypto firms on how to handle customer assets in case of insolvency or similar proceedings. In a statement, NYDFS Superintendent Adrienne Harris offered wise advice to firms and exchanges operating under a BitLicense. This is a term for a specific business license […]
