# CipherTrace gives officials tips on how to uncover criminals’ crypto caches

# CipherTrace gives officials tips on how to uncover criminals’ crypto caches

“# CipherTrace gives officials tips on how to uncover criminals’ crypto caches ” Blockchain forensics firm CipherTrace has published comprehensive guidance to assist law enforcement officials in identifying signs of cryptocurrency use when carrying out criminal investigations. The report notes that the U.S. Department of Treasury has identified a “consistent decrease in reported bulk cash…

Read More
# FSB releases recommendations to regulate ‘global stablecoins’ such as Libra

# FSB releases recommendations to regulate ‘global stablecoins’ such as Libra

“# FSB releases recommendations to regulate ‘global stablecoins’ such as Libra ” The G20’s financial watchdog, the Financial Stability Board (FSB), has published regulatory recommendations opposing the trans-national ambitions of “global stablecoins,” such as Facebook’s Libra project. The FSB’s report offers regulatory recommendations to G20 member states and the broader international community intended to prevent…

Read More
# Spain’s new bill proposal complicates crypto for citizens

# Spain’s new bill proposal complicates crypto for citizens

“# Spain’s new bill proposal complicates crypto for citizens ” Awaiting parliamentary approval in Spain, a fresh bill draft intends to cut out illegal tax dealings, as first reported by Cointelegraph’s Spanish branch. This could mean smaller business transactions as well as mandatory crypto-asset reporting, even for assets held or transacted internationally. The “Draft Law…

Read More
# Major P2P crypto platform LocalBitcoins is blocked in Russia

# Major P2P crypto platform LocalBitcoins is blocked in Russia

“# Major P2P crypto platform LocalBitcoins is blocked in Russia ” LocalBitcoins, a major peer-to-peer cryptocurrency exchange, is no longer available in Russia without using additional tools like a VPN. LocalBitcoins.net is officially blacklisted in Russia as local telecom regulator Roskomnadzor placed the URL on a register of platforms disseminating prohibited information. According to official…

Read More
# G7 will block Libra launch until regulations in place

# G7 will block Libra launch until regulations in place

“# G7 will block Libra launch until regulations in place ” In a draft of a statement expected to be released tomorrow, countries representing the world’s largest economies said that they would initially oppose the launch of Facebook’s Libra project. According to an Oct. 12 report from Reuters, central bankers and finance ministers from the…

Read More
# CFTC chairman admits regulation must keep up with innovation

# CFTC chairman admits regulation must keep up with innovation

“# CFTC chairman admits regulation must keep up with innovation ” Speaking at the digital LA Blockchain Summit, Commodity Futures Trading Commission chairman, Heath Tarbert, said U.S. regulation lags behind crypto and blockchain. “I would be the first to agree with you that innovation is unlikely to come from the government,” Tarbert told interviewer Anthony Pompliano on…

Read More