The CEO of Blockchains LLC bought a bank in Nevada, citing financial inclusion, running a regulatory sandbox and issuing blockchain-based banking tools as motivations. The CEO of blockchain incubator and investment firm Blockchains LLC, has purchased a bank for $28 million, The Nevada Independent reported on July 1. According to the report, CEO Jeffrey Berns […]
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Pressures from the banking industry? Some are suspect of the FATF’s motivation behind putting its “travel rule” in the new guidance. “Travel rule” was a term frequently heard at the V-20 Summit, which took place in parallel with the G-20 meeting in Osaka, Japan from June 28 to 29. Regulators and Virtual Asset Service Providers […]
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Dutch ministers have called on the government to introduce new regulations on money laundering that would include cryptocurrency-related stipulations. Dutch ministers have urged the government to regulate cryptocurrencies and certain cash payments over money laundering concerns in a statement on July 1. The officials said that the government should ban cash payments over 3,000 euros, […]
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A federal judge has sentenced a New Jersey resident to 86 months in prison, due to a fraudulent investment scheme involving the ATMCoin cryptocurrency. A scammer has been sentenced to 86 months in prison for running a cryptocurrency-related scheme, the United States Department of Justice (DoJ) reports on July 1 In addition to the 86-month […]
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American broadcaster and known bitcoin bull Max Keiser suggested that the cryptocurrency market rally will not include altcoins. American broadcaster and known bitcoin (BTC) bull Max Keiser suggested that the cryptocurrency market rally will not include altcoins in a recent interview with CNBC Keiser said that with the development of the cryptocurrency space and adoption […]
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Russia will not develop separate regulations for Facebook’s cryptocurrency Libra, according to the country’s Deputy Finance Minister Alexei Moiseev. Russia will not develop a separate regulation for Facebook’s cryptocurrency Libra, according to Deputy Finance Minister Alexei Moiseev, Interfax reported on July 1 Moiseev stated that Russia will not introduce separate legislation for Libra as there […]
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Facebook is reportedly seeking a New York BitLicense to comply with state regulations pertaining to Libra. Social media giant Facebook has applied for a cryptocurrency business license to use its announced virtual currency Libra in New York, according to a report by Reuters on June 28 New York requires a special license for crypto operations […]
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Cyber threat intelligence firm Digital Shadows has reportedly discovered over 100 fake domains relating to Facebook’s forthcoming stablecoin Libra. Cyber threat intelligence firm Digital Shadows has discovered over 100 fake domains registered relating to Facebook’s forthcoming stablecoin Libra, the Independent reported on July 1 As of June 19, researchers at Digital Shadows had found over […]
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An insurtech firm has entered a partnership with Aon and a branch of Oxfam to launch a blockchain-based platform for Sri Lankan farmers to cover crop losses. Decentralized insurtech firm Etherisc has launched a blockchain-based insurance platform for farmers in Sri Lanka The platform is the result of a partnership with the insurance company Aon […]
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After a vertical rally, will bitcoin see a waterfall decline? What are the critical levels to watch on the way down? Let’s study the charts. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should […]
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