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

Australian Securities and Investments Commission Warns Public Against New Crypto Scam

The Australian financial regulator has warned the public against an alleged crypto-related scam operating with no license. The Australian Securities and Investments Commission (ASIC) has issued another warning on May 21 against an alleged crypto-related scam project. According to the report, the Australian financial regulator has today published a warning against an alleged scam entity […]

Continue Reading

Decentralized Identity: How Microsoft (and Others) Plan to Empower Users to Own and Control Personal Data

Microsoft continues its blockchain streak, empowering users to own personal data. Microsoft, one of the world’s largest software makers by revenue, is currently on a blockchain streak. This time, Microsoft presented a vast blockchain-related plan: a decentralized identity (DID) network built atop of the bitcoin network, which can potentially empower users all over the internet […]

Continue Reading