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News – Switzerland & Bitcoin

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News: FATF Travel Rules Implementation

FATF Travel Rule Implementation  At the end of June, the Financial Action Task Force released its fourth “Targeted Update on Implementation of FATF’s Standards on VAs and VASPs.” The report surveyed 151 jurisdictions to find out what they have done to comply with the FATF Recommendations on virtual assets. With the results now in, we … Read more

CoinDesk – U.S. Republicans & Bitcoin

U.S. House Republicans Introduce Bitcoin Oversight Bill To Protect Investors In a move geared towards investor protection, U.S. House Republicans have introduced a Bitcoin oversight bill. This highlights the increasing attention legislators are paying to bitcoin’s growing presence in the economy. Bitcoin continues to have a strong outlook from the mining sector.

Celsius Lawyer Fixed Mashinsky’s Problems Until Both Got Charged

Celsius is in the spotlight as their lawyer and CEO face charges, showcasing the ongoing legal challenges within the Bitcoin industry. The situation underlines the importance of robust compliance systems within Bitcoin companies. Visit Bitcoin Magazine B2B to read entire article.

Grayscale Bitcoin Funds

Grayscale Bitcoin Fund’s Discount Narrows as Court Decision Nears (Bloomberg) — Crypto investors appear to be the most optimistic in over a year about the odds of the world’s biggest Bitcoin investment product being allowed to be turned into an exchange-traded fund.  The $18.8 billion Grayscale Bitcoin Trust’s discount to its net-asset value has narrowed … Read more

Nasdaq Halts Plan to Launch Crypto-Custodian Business in US

Nasdaq Inc. became the latest mainstream financial firm to take a step back from digital assets, aborting its launch of a custodian business in the US due to the shifting business and regulatory environment. The exchange operator is also halting its efforts to pursue a license related to the business but will continue to build out … Read more

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