# Russia’s Gazprombank debuts Bitcoin trading in Switzerland

# Russia’s Gazprombank debuts Bitcoin trading in Switzerland

“# Russia’s Gazprombank debuts Bitcoin trading in Switzerland ” Gazprombank Switzerland, a subsidiary of one of the largest banks in Russia, has piloted its Bitcoin (BTC) transaction service following regulatory approval by Swiss regulators. According to a Nov. 19 announcement, Gazprombank will provide its new cryptocurrency solution in collaboration with its long-running partners like fintech…

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# ‘Wake up and smell the coffee’ — regulation is coming to DeFi, says expert

# ‘Wake up and smell the coffee’ — regulation is coming to DeFi, says expert

“# ‘Wake up and smell the coffee’ — regulation is coming to DeFi, says expert ” Since the Financial Action Task Force, or FATF, introduced its controversial “travel rule” for businesses in the crypto space, the debate over the suitability of established regulatory frameworks for cryptocurrencies has been unrelenting.  Some experts, however, believe that the…

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# Crypto firms still not widely adopting ‘travel rule,’ says FATF deputy

# Crypto firms still not widely adopting ‘travel rule,’ says FATF deputy

“# Crypto firms still not widely adopting ‘travel rule,’ says FATF deputy ” In 2019, the Financial Action Task Force asked jurisdictions worldwide to adopt its regulatory guidelines for virtual assets. At the V20 conference today, held online, David Lewis—executive secretary and G20 deputy at the organization—gave an overview of how implementation and business response have gone…

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# A minister’s look at what regulators expect from the industry

# A minister’s look at what regulators expect from the industry

“# A minister’s look at what regulators expect from the industry ” Regulation is sometimes positioned as the enemy of innovation, an antagonistic force that reduces progress in the name of bureaucracy. However, when implemented sensitively and proportionately, regulation can strengthen a private sector’s reputation by creating the conditions necessary for businesses to focus on…

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