Japan to Check Money Laundering Policies of Crypto Exchanges Ahead of FATF Inspection

Japan’s FSA will reportedly review the anti-money laundering policies of various crypto exchanges ahead of an inspection by international regulators. Japan’s Financial Services Agency (FSA) is reportedly cracking down on crypto exchanges that offer anonymous transactions or have weak identity verification practices in preparation for inspection by the Financial Action Task Force (FATF) this fall. […]

Continue Reading

Nordic Banking Giant Nordea Opens Blockchain Trading Platform to More Clients

Nordea is expanding its blockchain-based we.trade platform to small and medium-sized enterprise clients. Nordic private banking institution Nordea is expanding its offering of the blockchain-based trading platform we.trade to its small and middle-sized business customers (SMEs),  according to a press release on May 9. The platform will purportedly help address trust deficits extant in current […]

Continue Reading

Libra Project: Facebook Stablecoin Aims to Conquer Online Payments Market, Reports Suggest

More on Facebook’s potential expansion into crypto. Facebook’s potential expansion into crypto has been widely discussed in the past few months. Although the social media giant has not confirmed anything beyond having a blockchain department, new details about its digital token project continue to surface. Most recently, the Wall Street Journal (WSJ) reported that Facebook […]

Continue Reading