US Treasury: Non-Compliant Fintechs Won’t Survive the War on Terror

United States Treasury undersecretary Sigal Mandelker says that cryptocurrencies could become the next frontier in the war on terror. United States Treasury undersecretary Sigal Mandelker stated that cryptocurrencies could become “the next frontier” in the war on terrorism. According to a press release published on the U.S. Treasury’s website on Sept. 11, Mandelker made her […]

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Coinbase Considering Initial Exchange Offering Platform: Report

U.S.-based cryptocurrency exchange Coinbase has indicated it is considering the launch of a proprietary exchange token and a potential IEO platform. United States-based cryptocurrency exchange Coinbase has indicated it is considering the launch of an initial exchange offering (IEO) platform. The news was revealed by Coinbase’s head of institutional sales in Asia, Kayvon Pirestani during […]

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Libra Must Comply with Anti-Money Laundering Standards: US Treasury

United States Treasury official Sigal Mandelker said that Facebook’s Libra stablecoin must meet the highest Anti-Money Laundering and terrorism financing norms. Facebook’s Libra stablecoin must meet the highest Anti-Money Laundering (AML) and terrorism financing standards, according to United States Treasury Under Secretary of Terrorism and Financial Intelligence Sigal Mandelker. Major business news outlet Reuters reported […]

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Crypto News From Japan: Sept. 2–8

Japan, one of the most important markets for cryptocurrencies, has seen a number of important developments over the past week. Japan, one of the leading markets for cryptocurrencies, has seen a series of important developments for the cryptocurrency and blockchain industries this week. The country’s financial regulator, the Financial Services Agency (FSA), has licensed crypto-related […]

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Korea’s Biggest Entertainment Company to Launch Its Own Cryptocurrency

South Korea’s pop music giant SM Entertainment is building a dedicated cryptocurrency and blockchain. Korean pop music giant SM Entertainment revealed plans to build its own cryptocurrency and blockchain in partnership with tech organization CTIA Labs. CT-AI Labs CEO Sang-Sik Joo announced the initiative at the developer conference of South Korean crypto exchange UpBit, local […]

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Andreessen Horowitz Co-Founder: Crypto a Solution to Web’s Challenges

Cryptocurrencies could solve some of the internet’s biggest challenges, according to Marc Andreessen, co-founder of venture capital firm Andreessen Horowitz. Marc Andreessen, co-founder of venture capital firm Andreessen Horowitz, said that cryptocurrencies could solve some of the internet’s biggest challenges. According to a report by The Wall Street Journal on Sept. 1, Andreessen made his […]

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ECB’s Yves Mersch Warns Libra Cryptocurrency Is ‘Facebook’s Siren Call’

European Central Bank key legal official Yves Mersch said that Facebook’s Libra stablecoin is “beguiling but treacherous.” Yves Mersch, European Central Bank’s key legal official, said that Facebook’s Libra stablecoin is “beguiling but treacherous” during a speech at the ECB’s legal conference in Frankfurt on Monday. Bloomberg reported on Mersch’s remarks in an article published […]

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