article thumbnail

Bitcoin Daily: Singapore’s MAS Looks To Expand Regulation Of Digital Token Services

PYMNTS

The Monetary Authority of Singapore (MAS) has proposed new regulations on cryptocurrency that will include those engaging in overseas activity, in an expansion on rules for the sector, according to a press release.

article thumbnail

The Surprises Edition: Ethereum, PayPal And The Fed

PYMNTS

But not to worry, folks: This is just an inconvenient speed bump on the way to a future where cryptocurrencies – bitcoin and Ethereum and the 998 offspring they beget – become the underpinning of our new global financial system. We imagine Parity users would prefer if they knew that for sure. PayPal’s India Push.

St. Louis 108
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Doing something about cybercrime, cyberterrorism and cybersubversion (not)

Tomorrow's Transactions

Naturally the conversation began with tales of the Dark Net, pedophile exchanges and assassination marketplaces but it quickly turned into a discussion about Bitcoin. The event had three main themes: The future of UK financial regulation and British competitiveness post-FSA.

article thumbnail

Did Regulatory Meddling Cause Bitfinex Hack?

American Banker

The situation turns on whether the CFTC inadvertently pushed Bitfinex to adopt a weaker security system than it had been using. However, the way the bitcoin exchange used the new system was significantly flawed, security experts said.

Bitcoin 28
article thumbnail

Sacred Data for Sale, steal it while you can!

Lex Sokolin

They insist on inequitable, overly heavy-handed regulation and security expectations that stifle out young companies. And yet, only 2% of all Bitcoin transactions have anything to do with illicit activity?—?no They point to Fintechs and Crypto, the innovative parts of our economy, and accuse it of poor practices.

Data 40
article thumbnail

Sacred Data for Sale, steal it while you can!

Lex Sokolin

They insist on inequitable, overly heavy-handed regulation and security expectations that stifle out young companies. And yet, only 2% of all Bitcoin transactions have anything to do with illicit activity?—?no They point to Fintechs and Crypto, the innovative parts of our economy, and accuse it of poor practices.

Data 40
article thumbnail

The 2015 GonzoBanker Awards

Gonzobanker

Regulator Award. The all-powerful banking regulator claimed that car dealers discriminated against minority borrowers—by guessing the race of borrowers based on last names and addresses in loan files, and claimed racism if the people they guessed were minorities seemed to be paying higher rates. ‘Are You Freakin’ Kidding Me?’