Tagged: financial surveillance

Coin Center Reminds that Deadline for Comments on FinCEN Rulemaking for Crypto Transactions Is End of March 2021

March 20, 2021 @ 10:22 am By Omar Faridi |

Peter Van Valkenburgh, the Director of Research at Coin Center, a leading non-profit entity focused on the latest policy issues facing digital currencies, notes that his organization will be using the additional time provided by FinCEN to submit another comment in “ongoing surveillance rulemaking.” Coin… Read More

Read more in: Blockchain & Digital Assets, Politics, Legal & Regulation | Tagged coin center, coincenter, consumer protection, consumer rights, crypto-assets, digital currencies, financial services, financial surveillance, fincen, peter van valkenburgh, sar, suspicious activity report, united states, us, virtual currencies

China’s Big Lenders and Fintech Firms to Distribute Virtual Yuan Tokens, which will be Highly Traceable, Potentially Amplifying Government’s Power: Report

May 25, 2020 @ 7:32 pm By Omar Faridi |

Andy Mukherjee argues in a recently published Op-Ed in the Washington Post that the virtual yuan could potentially transform “the relationship between money, economic power, and geopolitical clout.” The digital renminbi has been under development since 2014. Its top-level design was recently finalized and its… Read More

Read more in: Fintech, Asia, Blockchain & Digital Assets | Tagged alipay, cbdcs, central bank digital currencies, china, coronavirus, covid-19, dcep, digital transformation, digital yuan, financial surveillance, fintech lenders, virtual yuan, wechat