Virtual asset service providers (VASPs) are looking for effective cryptocurrency compliance solutions as new regulations are introduced globally to combat illicit activity on the blockchain. What solutions are available to them? With the exposure of traditional banks and financial institutions to crypto-assets and all the risks involved, as well as the continued advice from governmental […]
Continue Reading
The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — one week on Cointelegraph in one link! Coming every Sunday, Hodlers Digest tracks every important crypto news story from the previous week. Essential reading for all Hodlers! Top Stories This Week DeFi goes boom as top tokens […]
Continue Reading
With government agencies getting more savvy at tracing blockchain transactions, laws like the EU’s GDPR may play a role. Anti-establishment and counter-government sentiments fuelled the early days of crypto. More than a decade later, crypto is slowly moving away from its wild-west early days and into a more organized system that traditional financial institutions are […]
Continue Reading
As it stands, the current commercial and political landscape presents a perfect storm to herald the rise of decentralized alternatives. The failures of centralization in protecting individual and business data have been highlighted repeatedly over the past few years. Facebook, Google, Twitter, Microsoft, Sony and many more have all faced large-scale data hacks that have […]
Continue Reading
DeFi is booming again but experts caution that mainstreaming won’t occur without decentralized exchanges integrating layer 2 options. The rapid growth of the decentralized finance sector (DeFi) took a shock after the recent 17.5% drop in Bitcoin (BTC) price. However, it is likely that the DeFi sector will continue to grow as Bitcoin recovers, especially […]
Continue Reading
Clearing regulatory hurdles is important for forward-leaning jurisdictions that aim to attract the most innovative firms. This July, Luxembourg — the world’s second-largest domicile for investment funds behind the United States — submitted a draft law updating a law from March 1, 2019 that allowed for the registration and transfer of securities by custodians. With […]
Continue Reading
Bitcoin still has ground to make up in the mainstream world. Following the news of Fidelity Investments’ Bitcoin (BTC) fund filing, Mike Alfred, CEO of analytics outfit Digital Assets Data, described continued hesitancy in mainstream finance when it comes to Bitcoin. “Many in the traditional financial services/asset management/wealth management verticals remain deeply skeptical of Bitcoin […]
Continue Reading
Taking account of more aggressive crypto tracking measures and what they mean for future government adoption of blockchain. Every Friday, Law Decoded delivers analysis on the week’s critical stories in the realms of policy, regulation and law. Editor’s note One of the most persistent myths about Bitcoin is its supposed anonymity. More properly termed pseudonymity, […]
Continue Reading
The United States IRS agency has announced a bounty of up to $625k to anyone who can crack Monero’s privacy. The United States Internal Revenue Services (IRS) has offered a bounty of up to $625,000 to anyone who can break purportedly untraceable privacy coins like Monero (XMR) as well as trace transactions on Bitcoin’s (BTC) […]
Continue Reading
Ethereum’s economy hits new milestones in terms of transfer value and ERC-20 market capitalization. Ethereum’s economic metrics are strengthening as transfer value and ERC-20 market capitalization continue to build momentum. Research by on-chain analytics platform Santiment has revealed that the market capitalization for all ERC-20 based tokens has flipped that of Ethereum itself. It added […]
Continue Reading