As the 5AMLD is signed into law, turbulent times lie ahead for the crypto industry, experts discuss the changes. On Jan. 10, the European Union’s 5th Anti-Money Laundering Directive (5AMLD), was officially signed into law. The legislation will give sweeping powers to compliance organizations and law authorities. However, aside from tracking dirty money to offshore […]
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Swiss-based crypto bank Seba is targeting more than $95 million in a second capital raise. Seba, a young Swiss-based digital asset bank holding regulatory licensing, looks to attempt a secondary capital raise to garner over $95 million in additional funds. During the raise, Seba aims to secure 100 million Swiss francs, equivalent to $96.5 million, […]
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Oklahoma senator Nathan Dahm will introduce a new bill set to support blockchain and digital asset innovation in the state. Oklahoma senator Nathan Dahm wrote a new bill for his state which looks to build a state-backed innovative financial institution around blockchain technology, establishing a new classification of institutions. Dated Jan. 15, 2020, the bill […]
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The U.N. and other experts have warned against attending North Korea’s upcoming crypto conference, questioning the motives behind the event. On Jan. 15, the United Nations warned that attending North Korea’s cryptocurrency conference in February will likely constitute a sanctions violation. According to Reuters, this notice was issued in a confidential report that will be […]
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Tether says it did not deny prosecutors’ request to consolidate three lawsuits the stablecoin and its sister exchange Bitfinex are facing. Currently facing multiple lawsuits, cryptocurrency stablecoin issuer Tether (USDT) received a request from prosecutors asking for consolidation, combining three lawsuits into one, which Tether has not denied. “We did not oppose the plaintiffs’ requests […]
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A new study by Chainalysis finds that terrorists are refining their financing operations using cryptocurrency. A new study by Chainalysis finds that terrorists are refining their financing operations using cryptocurrencies. Faster and broader funding Earlier today, Jan. 17, the blockchain analysts identified Izz ad-Din al-Qassam Brigades (AQB), Hamas’s military arm and noted terrorist organization, as […]
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Using the power of cryptocurrency and mobilizing the crypto community for good. January 16, 2020 — As a company, Cointelegraph cares about the environment and the world in which we all live. The wildfire crisis in Australia has mobilized us as an organization to take action to help the current recovery efforts down under. Cointelegraph […]
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Over 5,000 victims of the alleged crypto pyramid scheme Dunamiscoins have petitioned the Ugandan Parliament asking to refund money lost in the scam. Over 5,000 victims of the alleged cryptocurrency pyramid scheme Dunamiscoins have petitioned the Ugandan Parliament asking to refund money lost in the scam. Arthur Asiimwe, the leader of the petitioning group who […]
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In line with a November court ruling, Telegram CEO Pavel Durov gave a deposition regarding alleged violation of U.S. securities law by Gram token sale. Telegram CEO Pavel Durov gave a deposition regarding the company’s alleged violation of United States securities law by conducting $1.7 billion Gram token sale in 2018. In line with a […]
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The U.S. should learn from other countries, especially China, on digital currency, says SEC commissioner Hester Peirce. The United States could learn from China’s innovations in digital currency, says Securities and Exchange commissioner Hester Peirce. Fielding questions via webcam at this week’s Crypto Finance Conference in Switzerland, the public sector leader known as CryptoMom, called […]
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