Avanti’s crypto-friendly bank is now planning to launch in October after its banking charter application was accepted by Wyoming’s banking regulator. Avanti Bank & Trust, Wyoming-based pioneering financial institution planning to offer services to the crypto industry, has announced plans for a ‘stablecoin disruptor’ that’s designed to modernize U.S. dollar payments. In a July 23 […]
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Blockchain interoperability has a big goal: to empower developers to choose what’s right for their application, not what is right for the platform they’re locked into. For years, tribalism has plagued the blockchain industry. Developers align to specific consensus protocols and defend technologies that use them, regardless of their limitations. These deeply rooted divisions are […]
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The European Union’s 5AMLD has been adopted as the first regulation in Romania of virtual currencies, crypto-wallets and fiat-crypto exchange platforms. The European Union and the European Central Bank wanted to create a unitary legal framework that would limit the anonymity of cryptocurrency transactions, especially in the spectrum of money laundering, terrorist financing and tax […]
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Trulioo said improving compliance for AML and KYC can be a big differentiator for crypto companies. The ability to verify documents and comply with anti-money laundering (AML) and know-your-customer (KYC) requirements is now a differentiator for crypto firms, said identity verification provider Trulioo. Anatoly Kvitnitsky, Trulioo’s vice president for growth, told Cointelegraph that as crypto […]
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Whale Alert’s crypto transactions are still available on its Telegram channel, but its Twitter profile has been hampered for the time being. Whale Alert, a popular service dedicated to tracking major cryptocurrency transactions, is being negatively affected by Twitter’s anti-hack measures. In a July 16 tweet, Whale Alert said that the crypto bot can no […]
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Crypto Twitter has taken aim at the Twitter hack, suggest there is more to this attack than meets the eye. Earlier this morning, a large-scale Twitter attack took over some of the most powerful verified Twitter accounts including Joe Biden, Elon Musk, Bill Gates, Kanye West, Kim Kardashian, Wiz Khalifa, Warren Buffett, Mike Bloomberg, Barack […]
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Global crypto exchange OKCoin unveiled its own oracle as a verifiable price data source for the decentralized finance, or DeFi, space. OKCoin fired up its own price oracle for the DeFi space with data traceable back to its origin, offering verified accuracy. “OKCoin has launched OKCoin Oracle, a signed price feed that can be used […]
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Crystal Blockchain reports that crypto transfers in the Republic of Seychelles keep growing as regulatory pressure increases for the G-20. A new report released on Tuesday by Crystal Blockchain attempts to categorize cross-border transactions of Bitcoin (BTC) based on their “country of origin,” which may have important implications for the Financial Action Task Force’s Travel […]
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Major digital asset firm BitGo announces API support for the Financial Action Task Force’s travel rule. BitGo, one of the world’s largest Bitcoin (BTC) transaction processors, is integrating a new API into its crypto wallet service to support the Financial Action Task Force’s travel rule. BitGo told Cointelegraph on July 14 that the company is […]
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Are traditional business enterprises ready to embrace a blockchain-based payments network? Maybe not, according to two research reports. The news that PayPal, the payments giant with 325 million active user accounts worldwide, was considering the direct sale of crypto assets — along with custodial services — had the crypto community buzzing last week, even if […]
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