Global Regulators ‘Going Full Steam’ on Crypto — Official Says ‘Current Struc...
Global regulators are “going full steam” on cryptocurrency regulation. “The current structure is no longer fit for the purpose with the development of cross-border digital market activities,” said the chairman of France’s markets watchdog AMF. Global Regulators Going Full Steam on Cryptocurrency Regulation Robert Ophèle, chairman of France’s markets watchdog, the Autorité des marchés financiers (AMF), and a member of the Financial Stability Board (FSB), reportedly discussed global cryptocurrency regulation Wednesday....
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New translation strings in Steam’s Translation Server – a project to localize Steam in 26 languages – suggest that game developer and digital distributor Valve will soon begin to offer bitcoin as a payment option to the world’s biggest PC gaming distributor and store, Steam. A leaked string from Steam’s translation project has revealed that Valve’s Steam will soon integrate bitcoin as a payment option to its PC gaming community. The integration is made possible by using Bitpay’s API, the leak shows. The strings were leaked on Reddit and are included below:
The major crypto exchange has long claimed registration in the famous offshoring haven. Disclaimer: This article's headline was updated to reflect new information regarding the FSA's statement. Despite long claiming to be compliant with local laws, Huobi has not registered with the proper authorities, according to regulators in Seychelles.On Monday, the Seychelles Financial Services Authority, or FSA, posted an official statement saying that Huobi Global Limited is not registered in the country, despite being the International Business Company publicly affiliated with Huobi.com's crypto....
An unconfirmed announcement circulating on Reddit has disclosed Steam’s plans to integrate Bitcoin payments into its gaming platform. An unconfirmed announcement circulating on Reddit has disclosed Steam’s plans to integrate Bitcoin payments into its gaming platform. According to a snapshot allegedly taken from the publicly unavailable Steamworks Development forum, the gaming distribution platform is close to forming a partnership with an “external payment provider” to add Bitcoin support. The announcement reads: “Bitcoin is becoming an increasingly popular online payment method in some....
The Securities Commission of Malaysia says Huobi is operating without official registration from local regulators. The Securities Commission (SC) of Malaysia issued a statement on Aug. 22 regarding Huobi operations in the country. According to the statement, the crypto exchange is now on the SC’s Investor Alert List. Malaysian financial regulators say Huobi has been operating a digital asset exchange in the country without official registration with the SC.Huobi Global [https://t.co/la9Y3ntGuq] has been added to the SC’s Investor Alert List for operating a digital asset exchange (DAX) in....
Compliance is key if you want to play the game, says PayPal CEO Dan Schulman. There is no other way for the cryptocurrency industry to thrive without working hand in hand with regulators, PayPal CEO Dan Schulman believes.On Dec. 2, Schulman joined the Web Summit online conference to discuss the cashless era of the global financial industry with Squawk Box host Andrew Ross Sorkin.As part of the discussion, Schulman addressed issues related to cryptocurrency regulation, calling on the industry to closely collaborate with financial authorities to bring more utility to crypto. “There is only....