Category: Regulation
Nigeria hints at heavy-handed bitcoin regulations
August 28, 2015
At a recent conference of AML professionals, Central Bank of Nigeria (CBN), Deputy Director of Financial Policy and Regulation, Obot Akpan, labeled digital currency...
India wants to regulate bitcoin… just not right now
August 28, 2015
Reserve Bank of India (RBI) Deputy Governor, SS Mundra, called for “appropriate regulatory changes” to accommodate the oversight of cryptocurrency. Mr. Mundra hinted at...
Ripple bolsters its compliance efforts
August 21, 2015
As you’re all well aware, earlier this year, Ripple was the subject of the first digital currency enforcement action leveled by regulators for BSA/AML...
BitLicense casualties mount
August 21, 2015
Another week, another bitcoin company packing up the Family Truckster and leaving New York for greener pastures. LocalBitcoins announced its exit from the Empire...
OCC Director hints at startup-friendly bitcoin regulation?
August 21, 2015
The director of the Office of the Comptroller of the Currency (OCC), Thomas Curry, called for a balanced approach to regulating new financial technologies...
Compliance tip of the week…Culture of Compliance
August 8, 2015
Promote and demand a “culture of compliance” within your organization: It’s not just another AML concept or buzz term. Nay. Compliance should be a...
Arrest of Mt. Gox CEO reopens an old wound for bitcoin
August 8, 2015
Not surprisingly, following the arrest of Mt. Gox CEO Mark Karpeles comes word that the Japanese government may seek to implement a formal licensure...
Ben Lawsky will not help you obtain a “BitLicense”
August 8, 2015
Following conflict of interest accusations, the former NYDFS Superintendent publicly responded to critics by saying he’s not doing any work in the digital currency...
North Carolina: Onerous pending regulation
August 3, 2015
North Carolina may become the latest state to take an affirmative legislative stance on bitcoin regulation. The proposed bill advancing through the state senate...
