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Bitcoin Daily: Baanx Gets FCA Approval for Providing Crypto; Peru to Debate Crypto Regulations; Airbnb Poll Shows Demand for Crypto Payments; Bitcoin Price Falters as Fed Debates Shrinking Balances
FinTech Baanx has received full approval for cryptoassets registration by the U.K.’s Financial Conduct Authority (FCA), according to a IBS Intelligence report Wednesday (Jan. 5). Baanx has seen massive growth in the last year, and works on providing compliant and secure crypto assets. With the approval, the company has become an official cryptocurrency businesses and […]
Peru, Uruguay Edge Closer to Crypto Regulation with Draft Law, Policy Advisory Report
Governments in South America are gearing up to regulate crypto in the year ahead – with lawmakers in Peru and Uruguay readying legislation and draft proposals….
Read More: Peru, Uruguay Edge Closer to Crypto Regulation with Draft Law, Policy Advisory Report
Cryptocurrency Draft Law Presented in Peru
A draft of a new cryptocurrency asset law was introduced in Peru in December, seeking to regulate the cryptocurrency interactions that are already happening in the country. The draft law, besides defining what a crypto asset is and establishing the duties of virtual asset service providers (VASPs), also seeks to legalize the use of assets […]
Central Bank of Peru Will Develop a Digital Currency
The Central Reserve Bank of Peru, the Peruvian central bank, is planning to develop a central bank digital currency (CBDC) like other economies of the world. The announcement was made by its president, Julio Velarde, who stated that the currency would be designed for use primarily in payments. However, Velarde also acknowledged this was not […]
Peru Central Bank Developing a CBDC
The president of Peru’s central bank said that the country is partnering with other central banks in the issuance of a domestic CBDC.
BitMEX Buys $100,000 of Carbon Credits in Bid to Become Carbon Neutral
The investment will offset all of BitMEX’s bitcoin transaction and server emissions, the exchange said.