The National Money Transmitters Association
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Today's Daily News Clippings!

Friday - December 15, 2017 - Full Edition

There seems to be a lot of action in virtual currencies today, so I decided to promote the whole section. -Ed.

U.S. panel urges regulators to monitor financial innovation risks

Dec 15, 2017 - Reuters.Com - Pete Schroeder - A U.S. regulatory panel on Thursday called for watchdogs to closely monitor risks created by financial innovation, warning that "fintech" and virtual currencies such as bitcoin threaten to disrupt the ... Read More ...

Bitcoin's Next Battlefield: The U.S. Congress
[Opinion] - Dec 14, 2017 - Bitcoinist.Com - Julio Gil-Pulgar - The year 2017 has been a remarkable year for Bitcoin, particularly in the world of finance. Bitcoin was rightfully accepted as mainstream in the financial world, and achieved ... Read More ...

What's the Treasury doing about bitcoin? A senator wants to know
[Opinion] - Dec 14, 2017 - Wthi Tv.Com -  Jose Pagliery - A U.S. senator is asking the Treasury Department to explain its efforts to ensure that bitcoin is not being used by criminals and terrorists to evade bank regulation. Senator Ron Wyden sent his ... Read More ...

Also See:
Senator Wyden Submits Letter to FinCEN on Cryptocurrency Monitoring
Dec 15, 2017 - Eth News.Com - Matthew De Silva

Moves in South Korea to make cryptocurrency trading more transparent
Dec 14, 2017 - KWSN.Com - Dahee Kim & Joyce Lee - A South Korean blockchain association announced on Friday measures to boost transparency in trading of cryptocurrencies, agreed by 14 exchanges in the country including the world's ... Read More ...

Also See:
South Korea Releases Emergency Measures for Cryptocurrency Regulation
Dec 15, 2017 - News.Bitcoin.Com - Kevin Helms

Bloomberg Bright on Cryptocurrencies
[Opinion] - Dec 14, 2017 - Bitcoinist.Com - James Levenson - As the Bitcoin boom continues, the big boys are finally taking notice. Most of the banking bigwigs would prefer to publicly denigrate it as it poses a threat to their business model ... Read More ...

Washington Is Trying to Regulate Bitcoin. These People Are Trying to Stop It
[Opinion] - Dec 14, 2017 - Fortune.Com - Bitcoin enthusiasts struck it rich this year as the cryptocurrency surged. Now they're preparing for battle in Washington to protect their industry's ascent. Advocacy groups are gearing up in ... Read More ...

KYC and AML Compliance - Can Blockchains Help?
[Opinion, Canada] - Dec 12, 2017 - Gowling WLG.Com - Michael Garellek & Usman M. Sheikh & Joey Suri - Canadian legislation, more specifically the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (the "PCMLTFA"), imposes several ... Read More ..,

Making digital currency activities transparent
[Nigeria] - Dec 15, 2017 - The Star.Com.My - Bank Negara has issued an exposure draft on the reporting obligations for digital currency exchange businesses under the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful ... Read More ...
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