US Sanctions Strategy and Crypto: The Cracks Are Showing in Iran

U.S. agencies work to handle crypto in sanctions evasion, but may ultimately just cut the country off from an evolving financial world. Running up against limited experience and resources for monitoring potentially illegal use of digital assets, United States authorities delegate sanctions monitoring to cryptocurrency exchanges and industry players. But do current practices do more […]

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Coronarvirus Travel Bans Crippling Crypto

With the US now imposing travel restrictions on most of Europe due to the coronavirus, the crypto industry has been hit hard. In the United States, President Trump announced new travel restrictions today in response to the spread of the COVID-19 coronavirus. The Commander in Chief signed a Presidential Proclamation suspending the entry of most […]

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Bithumb Partners With Chainalysis Amid Tightening Korean Regulations

Top Korean crypto exchange Bithumb has solicited blockchain forensics firm Chainalysis to monitor for suspicious transactions on its platform. On March 10, major South Korean cryptocurrency exchange Bithumb announced it has partnered with crypto forensics firm Chainanylsis following the passing of new Korean crypto regulations. Bithumb will employ Chainalysis’s “Reactor” investigations tool to examine suspicious […]

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Bitfinex Launches Tether Gold Futures Trading After It Hit $21M Market Cap

Bitfinex, an affiliate exchange of stablecoin firm Tether, rolled out futures trading for Tether’s new gold-backed coin XAU₮. Major cryptocurrency exchange Bitfinex, the sister exchange of stablecoin firm Tether, has rolled out futures trading for Tether’s new gold-backed coin. Starting on March 6, Bitfinex users can trade futures contracts on Tether Gold (XAU₮) against Tether […]

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