CipherTrace conference sheds light on FATF ‘Travel Rule’ for user info LeapRate

November 22, 2019 BY Valentina Kirilova

CipherTrace conference sheds light on FATF ‘Travel Rule’ for user info

As we have reported on several previous occasions, the regulatory establishment and government officials want to dismantle the anonymity privileges that various blockchains provide for crooks, money launderers, and those intent on funding terrorist operations. The “noose”, orchestrated by this group, is slowly tightening around the neck of the crypto community. The previous G20 meeting…

July 26, 2019 BY Valentina Kirilova

US Treasury Secretary Mnuchin continues crypto bashing tirade

All tsunamis, unfortunately, are a series of waves, not a single destructive wave that wreaks havoc and then quietly subsides. The same might be said metaphorically about the recent establishment attack over the past two weeks against Facebook and its Project Libra. A second wave is due, and it appears that Steven Mnuchin, the U.S.…

July 02, 2019 BY Valentina Kirilova

V20 Summit provides “a global unified voice for the virtual asset industry”

G20 attendees may be returning home from their trips to Osaka, Japan, but crypto executives while there were also successful in that their hastily arranged “V20 Summit”. It was successful in creating a platform and focal point for discussions with government officials and regulators going forward. The well-attended conference had speakers from both sides of…

June 24, 2019 BY Valentina Kirilova

Daily Market News: Dow Jones tests all-time highs

Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for June 24, 2019. The text below is an excerpt and does not contain the full analysis. A strong breakout above $10,000 over the weekend shows us just how hot bitcoin is at the moment. We'll…

June 24, 2019 BY Valentina Kirilova

Daily market commentary: The US Dollar continues to devalue

ActivTrades’ Market Analysts have prepared for Leaprate their daily commentary on traditional markets for June 24, 2019. See details below: FOREX The US Dollar continues to devalue as the prospects of an interest rates cut by the Fed, as early as in July, sink in. Currently trading at a 3-month low against the Euro, just…

June 21, 2019 BY Valentina Kirilova

Daily Market News: US Stock market hits a brand new all-time record high

Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for June 21, 2019. The text below is an excerpt and does not contain the full analysis. The US Stock market hit a brand new all-time record high yesterday due to a sudden shift in policy…

BIS announces key appointments in Singapore and Switzerland

June 20, 2019 BY Valentina Kirilova

Crypto exchange executives rush to set up meet with G20 over FATF rules

The battle has been enjoined. The “cat-and-mouse-game” has come to a close. Global regulators have finally united behind new guidelines produced by the Financial Action Task Force (FATF) to mount a singular assault on the anonymity feature of blockchain technology and end their collective angst over all things crypto. Chainalysis, a respected crypto research firm,…

June 11, 2019 BY Valentina Kirilova

G20 group adopts tough FATF KYC/AML rules: Debate is how to implement

The deed is done. Financial ministers of the G20 group have now decided to confront the crypto industry with tough new rules related to Know Your Customer (KYC), Anti-Money Laundering (AML), and Counter the Funding of Terrorism (CFT), much as is now required of banks across the globe. The Financial Action Task Force (FATF) spent…

June 10, 2019 BY Valentina Kirilova

Daily Market News: Trump has backed off trade war with Mexico

Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for June 10, 2019. The text below is an excerpt and does not contain the full analysis. Speaking on the sidelines of the global G20 summit in Japan, Haruhiko Kuroda, the Governor of the Bank of…

May 30, 2019 BY Valentina Kirilova

FATF crypto guidelines challenge exchanges to compromise anonymity

The highly anticipated crypto guidelines from the Financial Action Task Force (FATF) may cause crypto zealots to go on the warpath. G20 financial officers will review and adopt the new FATF guidelines at their next meeting in June in Japan, but insiders that have already had a look reveal that the crypto industry may be technically…

Tag: G20