Mercator Report Finds Conflicting Bitcoin Regulation Harmful to Industry
Mercator Advisory Group has published a research note on global bitcoin regulation, making it the latest established name in the financial industry to release a report on bitcoin. The note, titled 'Global Digital Currency Regulations: Divergent Paths', examined trends in digital currency regulation and concluded that industry development is currently hampered by a lack of regulatory consistency. "The global payments industry has been taken aback by the rise of the new payment technology represented by bitcoin and other digital currencies, which at its core has the potential to radically....
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Mercator Advisory Group, a leading financial industry consulting firm, has released a research note on digital currency regulation worldwide. The note is titled 'Global Digital Currency Regulations: Divergent Paths' and is available for perusal for the tidy sum of $1250. Mercator has identified five different classes of digital currency regulation that have been enacted around the world that falls on a spectrum that goes from positive to negative. Tristan Hugo-Webb, Associate Director of the International Advisory Service and author of the paper, wrote: The global payments industry has....
Ever since the Indian government listed a cryptocurrency bill to be taken up in parliament during the upcoming session that starts next week, much debate has transpired about whether the government will ban cryptocurrencies, such as bitcoin and ether.
Crypto Regulation Is Coming but There Are Conflicting Accounts About What Is In It
Indian crypto legislation is drawing near. The Indian government has listed a cryptocurrency bill to be taken up in Lok Sabha, the lower house of India’s parliament, for the winter session which starts on Monday, Nov. 29.
The bill....
Credit unions may one day find some of their core functions replicated by bitcoin, a new report suggests. According to Mercator Advisory Group, a global consultancy for the payments industry, such an evolution would only occur should bitcoin's market volatility lessen and security mechanisms develop further. The report, entitled Understanding Bitcoin's Implications for Credit Unions, largely serves as a vehicle for understanding the fundamentals of bitcoin and its distributed ledger, the blockchain. Not until the last page does the report turn to the implications of the technology on....
A new report has predicted the demise of Amazon Coins, arguing that the initiative goes against industry trends and could incur a user backlash. 'Alternative Currencies: Is There Staying Power?' is a report from Mercator Advisory Group, which specializes in reports to the payment industry. It charts recent developments in four areas: cryptocurrencies, community currencies started regionally, in-game currencies, and loyalty points tied to payment cards. Jeffrey Green, director of the emerging technologies advisory service at Mercator, and author of the report, argues that Amazon bucked the....
Leading crypto exchange Coinbase has asked for support as it attempts to stop an upscale in surveillance and a potentially harmful change in regulation for Europe-based users. In a vote expected to take place on Thursday, March 31, the EU parliament will approve or denied a change to their Transfer of Funds Regulation. Related Reading […]