Brazil’s PIX will cut out payment intermediaries, enabling peer-to-peer and business-to-business transactions in seconds. The Central Bank of Brazil made some waves last week with its new instant payment system. While not blockchain-based, the new system, dubbed PIX, nevertheless is imbued with some of blockchain’s core attributes. Money transfers have historically been slow, cumbersome and […]
Continue Reading
Top crypto exchange Binance has partnered with public blockchain protocol Shyft Network as it readies itself to comply with global KYC regulations. Top cryptocurrency exchange Binance has partnered with public blockchain protocol Shyft Network as it readies itself to comply with Financial Action Task Force (FATF) regulations. The Shyft Network was designed to provide a […]
Continue Reading
Central banks should develop a deeper understanding of the consequences of issuing a digital currency, according to a Bank of Japan official. Central banks should develop a deeper understanding of the consequences of issuing a digital currency, according to a Bank of Japan official. According to Reuters on Feb. 27, Bank of Japan Deputy Governor […]
Continue Reading
A study conducted by a privacy expert concluded that Brave browser does a much better job of protecting user privacy than Chrome, Firefox or Safari. A privacy expert who compared some of the most popular browsers on the market reached an unambiguous conclusion: Brave trumps competition. Trinity College Dublin’s chair of computer systems, Dr. Douglas […]
Continue Reading
The Malta Financial Services Authority has industry released feedback on the definition of security tokens and the challenges such assets face in Maltese markets. The Malta Financial Services Authority (MFSA) has released feedback on the definition of security tokens and challenges such assets face in Maltese markets. In a paper published on Feb. 25, the […]
Continue Reading
By proposing the united regulatory framework for blockchain and crypto spaces, Europe would have a chance to surpass its main competitors: China and the U.S. Besides China’s ongoing struggle with the coronavirus, one of the defining narratives for the world’s largest country entering the new decade was its central bank-issued digital currency. Reportedly in its […]
Continue Reading
Nigma Conseil and the Austrian Institute of Technology joined forces to provide an alternative blockchain forensics platform, offering compliance for AML and KYC. The French cybersecurity company Nigma Conseil and the Austrian Institute of Technology (AIT) have revealed to have collaborated on developing a new blockchain forensics tool. The agreement was signed on Feb. 25 […]
Continue Reading
The senior Bank of England official believes that regulators must act quickly to prevent major tech firms from using stablecoins to dominate the payments sector. Bank of England (BoE) chief cashier Sarah John has expressed opinions favoring state-issued digital currencies, according to a Feb. 22 article published by The Telegraph. She urged other central banks […]
Continue Reading
Blockchain is becoming a hot topic, but is it being effectively implemented around the world? Blockchain usage is exploding around the world. But despite the technology’s many vocal advocates, the spread of technology is never even. Adoption is limited by a number of factors, including infrastructure development, local resources and regulation. As happens with the […]
Continue Reading
Blockchain analytics firm Chainalysis partners with CoinField exchange to add enhanced AML technology. Amid a tightening regulatory scene in crypto, blockchain analytics firm Chainalysis has joined up with digital asset exchange CoinField. CoinField plans to use Chainalysis technology to help with its Anti-Money Laundering, or AML, practices, Chainalysis announced on Feb. 20. Crypto leaves the […]
Continue Reading