Crypto, Congress and the Commission: Whats next for the Wild West?

Crypto, Congress and the Commission: What’s next for the ‘Wild West’?

Recently, there’s been much regulatory activity around crypto; anyone whose business deals with digital assets will need to pay attention. The entire cryptocurrency industry is waking up to a new reality. Politicians and regulators have decided to wade into the space, which had flown mainly under their radar until now.…

European Commission Proposes New AML Policies On Crypto Transactions

European Commission Proposes New AML Policies On Crypto Transactions

The European Commission proposed a new act today augmenting current Anti-Money Laundering regulations. The proposal is aimed at collecting additional information to contextualize and ground fund transfers from being misused for money laundering activities within its jurisdiction. “EU AML/CFT rules will apply fully to cryptocurrencies: all Crypto Asset Service Providers…

Kenyan electoral commission nominee clamors for blockchain voting

Kenyan electoral commission nominee clamors for blockchain voting

Justus Abonyo, former chair of Kenya’s Social Democratic Party, and current candidate for commissioner of the country’s Independent Electoral and Boundaries Commission (IEBC), has called for the adoption of blockchain voting. According to a report by Kenyan news outlet The Star, Abonyo made this appeal known while appearing before the…

UN commission serves new warning against BTC adoption in El Salvador

UN commission serves new warning against BTC adoption in El Salvador

The Economic Commission for Latin America and the Caribbean, or ECLAC, a United Nations’ regional commission to encourage economic cooperation, is the latest regulator to raise concerns about El Salvador’s decision to accept Bitcoin (BTC) as legal tender. ECLAC executive secretary Alicia Bárcena has warned that El Salvador’s Bitcoin move…

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