var TRINITY_TTS_WP_CONFIG={“cleanText”:”Thecryptodefi.Com Live: The future of global compliance for Bitcoin businesses.u23f8u201cThe light of regulations will drive the shadows to the corners,u201d Angus Brown, the co-founder and CEO of popular Bitcoin SV wallet Centbee remarked at Thecryptodefi.Com Live. Angus was part of a panel that talked about global compliance for digital currency exchanges, wallets and other service providers.u23f8The panel was moderated by Bitcoin Association Founding President Jimmy Nguyen on Day 3 of Thecryptodefi.Com Live. Domenic Carosa, the founder and non-executive chairman of payment service provider Banxa and Delphine Forma, a board member of the Crypto Valley Association and OpenVASP Association.u23f8https://twitter.com/Centbee/status/1312097812092391425u23f8Domenic took the opportunity to announce to the world that his company had integrated Bitcoin SV across its entire ecosystem. BSV will now be available on the Banxa platform, which is connected to many of the largest global exchanges as well as on its other platforms including Bitcoin.com.au and Bitcoin.co.uk. Delphine, on her part, announced that she had joined TAAL as its new chief compliance officer.u23f8The panel discussed key issues in regulating the digital currency industry, one of which is the FATF Travel Rule. The rule requires virtual asset service providers (VASPs) to collect information on the sender and recipient of any transaction.u23f8While the industry is divided about the rule, Angus noted that applying the rule in digital currency markets finally proves regulators accept digital currencies as money. The rule will also allow banking and financial service companies to partner with VASPs, Delphine pointed out. However, its benefits can only be realized if the regulators take a common approach globally, Carosa said.u23f8For the longest time, the digital currency industry has been divided on virtually every other issue. When it comes to regulations, we must come together and develop international standards if we are to garner mainstream appeal, Angus urged.u23f8He added, u201cI personally think weu2019ve got some good ingredients in Bitcoin SV (to develop global standards), specifically things that are recent such as Paymail and BIP270 which allow for more than just a data standard but also allow a handshake protocol for how information is interchanged.u201du23f8Watch the Digital Currency & Global Compliance: Tools & Tips for Exchanges, Wallets & Other Service Providers panel.u23f8https://youtu.be/cGcz1LLXMJY?t=23071u23f8″,”headlineText”:”Thecryptodefi.Com Live: The future of global compliance for Bitcoin businesses”,”articleText”:”u201cThe light of regulations will drive the shadows to the corners,u201d Angus Brown, the co-founder and CEO of popular Bitcoin SV wallet Centbee remarked at Thecryptodefi.Com Live. Angus was part of a panel that talked about global compliance for digital currency exchanges, wallets and other service providers.u23f8The panel was moderated by Bitcoin Association Founding President Jimmy Nguyen on Day 3 of Thecryptodefi.Com Live. Domenic Carosa, the founder and non-executive chairman of payment service provider Banxa and Delphine Forma, a board member of the Crypto Valley Association and OpenVASP Association.u23f8https://twitter.com/Centbee/status/1312097812092391425u23f8Domenic took the opportunity to announce to the world that his company had integrated Bitcoin SV across its entire ecosystem. BSV will now be available on the Banxa platform, which is connected to many of the largest global exchanges as well as on its other platforms including Bitcoin.com.au and Bitcoin.co.uk. Delphine, on her part, announced that she had joined TAAL as its new chief compliance officer.u23f8The panel discussed key issues in regulating the digital currency industry, one of which is the FATF Travel Rule. The rule requires virtual asset service providers (VASPs) to collect information on the sender and recipient of any transaction.u23f8While the industry is divided about the rule, Angus noted that applying the rule in digital currency markets finally proves regulators accept digital currencies as money. The rule will also allow banking and financial service companies to partner with VASPs, Delphine pointed out. However, its benefits can only be realized if the regulators take a common approach globally, Carosa said.u23f8For the longest time, the digital currency industry has been divided on virtually every other issue. When it comes to regulations, we must come together and develop international standards if we are to garner mainstream appeal, Angus urged.u23f8He added, u201cI personally think weu2019ve got some good ingredients in Bitcoin SV (to develop global standards), specifically things that are recent such as Paymail and BIP270 which allow for more than just a data standard but also allow a handshake protocol for how information is interchanged.u201du23f8Watch the Digital Currency & Global Compliance: Tools & Tips for Exchanges, Wallets & Other Service Providers panel.u23f8https://youtu.be/cGcz1LLXMJY?t=23071u23f8″,”metadata”:{“author”:”Steve Kaaru”},”pluginVersion”:”5.7.1″}; |
“The light of regulations will drive the shadows to the corners,” Angus Brown, the co-founder and CEO of popular Bitcoin SV wallet Centbee remarked at Thecryptodefi.Com Live. Angus was part of a panel that talked about global compliance for digital currency exchanges, wallets and other service providers.
The panel was moderated by Bitcoin Association Founding President Jimmy Nguyen on Day 3 of Thecryptodefi.Com Live. Domenic Carosa, the founder and non-executive chairman of payment service provider Banxa and Delphine Forma, a board member of the Crypto Valley Association and OpenVASP Association.
“The light of the regulations will drive out the shadows” ~ @angusjbrown #CGLive #OneWorldOneChain pic.twitter.com/11vfpH75hN
— Centbee (@Centbee) October 2, 2020
Domenic took the opportunity to announce to the world that his company had integrated Bitcoin SV across its entire ecosystem. BSV will now be available on the Banxa platform, which is connected to many of the largest global exchanges as well as on its other platforms including Bitcoin.com.au and Bitcoin.co.uk. Delphine, on her part, announced that she had joined TAAL as its new chief compliance officer.
The panel discussed key issues in regulating the digital currency industry, one of which is the FATF Travel Rule. The rule requires virtual asset service providers (VASPs) to collect information on the sender and recipient of any transaction.
While the industry is divided about the rule, Angus noted that applying the rule in digital currency markets finally proves regulators accept digital currencies as money. The rule will also allow banking and financial service companies to partner with VASPs, Delphine pointed out. However, its benefits can only be realized if the regulators take a common approach globally, Carosa said.
For the longest time, the digital currency industry has been divided on virtually every other issue. When it comes to regulations, we must come together and develop international standards if we are to garner mainstream appeal, Angus urged.
He added, “I personally think we’ve got some good ingredients in Bitcoin SV (to develop global standards), specifically things that are recent such as Paymail and BIP270 which allow for more than just a data standard but also allow a handshake protocol for how information is interchanged.”
Watch the Digital Currency & Global Compliance: Tools & Tips for Exchanges, Wallets & Other Service Providers panel.
New to blockchain? Check out Thecryptodefi.Com’s Blockchain for Beginners section, the ultimate resource guide to learn more about blockchain technology.