FATF to Release New Rules for Global Crypto Sector, Impacting Exchanges, Funds, Custodians

On June 21, the FATF will reportedly publish a note clarifying how participant nations should exercise oversight for the digital assets sector. On June 21, the Financial Action Task Force (FATF) will reportedly publish a note clarifying how participant nations should exercise oversight for the digital assets sector, according to FATF spokeswoman Alexandra Wijmenga-Daniel. The […]

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Azerbaijan Government Partners With IBM on Blockchain Customs Deal

The latest move cements blockchain’s position in state business following interest from various authorities. IBM is expanding its partnership work with Azerbaijan’s government to bring blockchain technology to customs procedures, Central Asian-focused Trend News Agency reported on June 12. Following a reported deal with the country’s central bank in October 2018 — which should see […]

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Exec Who Launched PwC Switzerland’s Blockchain Division to Become CFO at Tezos

Roman Schnider, who launched PwC’s blockchain and crypto assurance division in Switzerland, is leaving the auditing firm after 15 years. The man who launched a blockchain and cryptocurrency assurance division for PwC in Switzerland is joining Tezos as chief financial officer, the foundation confirmed in a news release on June 11. Roman Schnider is leaving the Big Four firm after […]

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DEX, Explained

A full guide to decentralized exchanges — how they work and differ from their centralized counterparts. Any dispute settlement process? The main issue when talking about regulation of DEXs is that, in most cases, such exchanges are not controlled by a specific legal entity or individual. Since DEXs are not required to follow regulations, this […]

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