Swiss Startup Amun has got clearance to offer its products to retail clients in Europe. Swedish Financial Supervisory Authority (SFSA) granted permission to the firm this Tuesday, Dec 10, 2019. “[The approval] gives us wide access to sell directly and market directly to basically all retail in Europe,” Amun CEO Hany Rashwan said. Furthermore, with...Read More
The Legislative arm of Ukraine, The Verkhovna Rada, has passed an amendment to legalize crypto payments in the country. The anti-money laundering (AML) law complies with the Financial Action Task Force (FATF) standards. The law mainly handles the maintenance of virtual assets and virtual asset service providers (VASP’S). It provides clear guidelines for traders and...Read More
RBI Governor Shaktikanta Das, on Thursday, announced that India will soon launch it’s own Central Bank Digital Currency (CBDC). Amidst a court case on the Cryptocurrency ban in India, this news comes as a hope for crypto in the future. India is a land of diverse mentality with a constant feud of banning cryptocurrency or...Read More
Liechtenstein’s parliament unanimously approved the Act on Tokens and Entities Providing Services Based on Trusted Technologies (TVTG), also referred to as the Blockchain Act. The nation’s parliament passed the Act on October 3. According to local reports, the new law aims to enhance investor protection, prevent money laundering, and establish regulatory clarity. The Act will...Read More
During the webcast discussion in Switzerland, Federal Reserve Chairman Jerome Powell said that the Facebook’s stable coin, Libra would probably have so many users that it might cause instability in the financial system if something went wrong. In a discussion in Zurich with Swiss National Bank Chairman Thomas Jordan, Powell claimed that. “With Facebook’s very...Read More
