Search Results for "g20 agency"
Argentina Orders Stricter Monitoring on Local Crypto Transactions Amid Battling the Flight of Devalued Pesos
Argentina’s Financial Information Unit (FIU) has ordered stricter controls and monitoring into cryptocurrency transactions in the country to eradicate money laundering and other illicit activities. Argentine newspaper El Cronista reported that the FIU, a government agency that is responsible for enforcing anti-money laundering laws and compliance, is looking to tighten its controls on cryptocurrency trading.
G20 Leaders Demand Digital Tax By End of 2020, US Minister Maintains Current Proposal is Discriminatory
The Group of 20 met in Riyadh last weekend with senior officials expressing alarm at the delay in plans to implement new digital taxes on American technology companies. The New York Times reported on Feb 22, that after two years of economic fallout from a trade war, leaders of the G20 feel that if a deal is not made in the coming months, European countries will begin collecting levies on the US tech giants, which could lead to US retaliation.
SEC to Make a Move on Suing Ripple over XRP Cryptocurrency as Christmas Holidays Kick In
Ripple CEO Brad Garlinghouse revealed that a lawsuit may be in the works against his fintech company for XRP cryptocurrency sooner than later.
Russia Plans to Build AI Software to Remove the Anonymity of Users in Crypto Transactions
The Russian agency’s plan involves using artificial intelligence (AI) for its software, as the agency sees an “urgent need to create effective opportunities for state control over the circulation of virtual assets.”
Looking For a Data Scientist: Is NASA Interested in Launching a New Cryptocurrency?
A few days ago, NASA advertised the position of data scientist with emphasis on cryptocurrency experience on LinkedIn platform. The move has stirred much speculation on whether the agency is intending to launch its own cryptocurrency. But let’s find out.
UK’s Financial Regulator Seeks to Hire Crypto Specialist to Spearhead Digital Asset Regulations
UK’s financial regulator has posted a job listing for a potential candidate with strong crypto knowledge. The recruitment could be an indication that the agency is set to provide higher degree of regulatory scrutiny of digital assets and possible abuses.
Japan Appoints Crypto-Friendly Leader as New Financial Services Agency Commissioner
Japan’s government seeks to appoint crypto-friendly leader Ryozo Himino as the next commissioner of the country’s Financial Services Agency.
UN Agency Employs Blockchain to Protect Migrant Workers in Hong Kong From Illegal Fees
Blockchain is being deployed by the International Organization for Migration to curb the exploitation of domestic helpers in Hong Kong by unethical agencies who charge illegal fees.
Ripple Fires Back at SEC over Its Legal Complaint of XRP as Pretrial Looms
Ripple has fought back against the Securities and Exchange Commission (SEC)’s legal complaint against XRP, hinting that the agency was overreaching.
SBI Holdings Supports Ripple, says that XRP is not a Security in Japan
While many in the crypto industry have moved away from XRP, SBI Holdings has made it clear that it is still a firm supporter of Ripple.
G20 Lays Regulatory Foundation to Accept Digital Payments by November Summit
G20 officials have announced that they will begin the preliminary regulatory groundwork for the group to accept digital payments.
SEC Reschedules Decision-Making on Bitcoin ETF Proposals
The Securities and Exchange Commission (SEC) in the United States once again delayed on deciding on the three Bitcoin exchange-traded fund (ETF) proposals according to the release of documents from the regulatory agency on Monday.