FinCEN Director Kenneth Blanco said that Anti-Money Laundering laws will be strictly enforced in the world of crypto. The United States Financial Crimes Enforcement Network (FinCEN) Director Kenneth Blanco said that Anti-Money Laundering (AML) laws will be strictly enforced in the world of cryptocurrencies. On Nov. 15, Reuters reported that Blanco made it crystal clear […]
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Chinese local government officials have given their seal of approval to a VeChain-powered blockchain tea traceability platform. A tea traceability platform powered by VeChain received an official endorsement from the Shuangjiang county government at its launch on Nov. 13. VeChain partnered with leading tea producers in the region to implement the traceability platform. The entire […]
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Hong Kong rolls out a new framework for crypto exchanges, which could establish an important precedent for the local market. On Nov. 7, Ashley Alder, the CEO of the Securities and Futures Commission of Hong Kong, said at a conference that a new framework for crypto exchanges will be implemented. Almost immediately after the announcement, […]
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Financial institutions are paying lots of attention to crypto, but they need a little more from it first. Institutional investors aren’t being overlooked at BlockShow Asia 2019. At a panel titled “Unlocking Yield In Cryptocurrency Assets — Encouraging Institutions To Enter The Industry,” a number of crypto leaders shared their thoughts on how to make […]
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Regulators in the Chinese autonomous province of Inner Mongolia intend to dispatch inspection units to assure the clean-up of local crypto mining companies. Regulators in the Chinese autonomous province of Inner Mongolia continue to crack down on the province’s crypto mining companies. The Global Times reported on Nov. 13 that northern China’s Inner Mongolia Autonomous […]
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The People’s Bank of China will pilot a restriction on large-scale cash transactions in three different regions, possibly paving the way for its upcoming digital currency. The People’s Bank of China (PBOC) announced that it will pilot a restriction on large-scale cash transactions in three different regions across the country, with one expert calling the […]
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With Chinese President Xi Jinping recently showcasing support for blockchain, local media is seemingly changing its sentiment toward crypto. Earlier this week, a story published by Chinese state-run media outlet Xinhua featured some pro-Bitcoin comments that referred to the flagship digital currency as being the world’s “first successful application of blockchain technology.” This latest endorsement […]
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The Elixxir president thinks ‘true’ quantum computers will be used in secret. Elixxir President Jim Dolbear thinks the question of when quantum computing will become real is a bad one. Speaking on behalf of Elixxir founder David Chaum at BlockShow Asia 2019, Dolbear suggested that it is highly likely that whoever perfects quantum computing will […]
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American entrepreneur John McAfee has launched a polemical meme cryptocurrency dubbed “WHACKD,” marketed with the rubric “Epstein Didn’t Kill Himself.” American entrepreneur and vocal crypto advocate John McAfee has launched a polemical meme cryptocurrency dubbed “WHACKD.” The token’s full rubric — “Epstein Didn’t Kill Himself” — was revealed in McAfee’s Nov. 11 Twitter announcement on […]
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Cryptocurrency investing is not going away. Therefore, a huge number of global leaders are now concerned about how digital money will change the world in the next decade. The global leaders have now admitted that digital money is all set to re-shape the future of the international monetary system. Whether you accept it or not, […]
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