Moody’s ratings agency has said that the proposed blockchain-based KYC consortium in the United Arab Emirates is credit positive for the nation’s lenders. Moody’s Corporation has said that a new blockchain-based Know Your Customer (KYC) platform in the United Arab Emirates is credit positive for the nation’s lenders. According to a report by local media […]
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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 […]
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Sports fan token project Socios plans to launch an integrated membership and fiat-crypto prepaid debit card, which also provides blockchain-based global ID functionality. Cooperation between fiat currency card issuers and the blockchain industry appears to be proceeding apace. On Feb. 24, sports fan token project Socios announced the launch of an integrated membership and fiat-crypto […]
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Despite hard forking five months ago to resist ASICs, the Ravencoin community has found consensus surrounding its next algorithm. The Ravencoin community continues to argue over what mining algorithm the project should adopt in the future to best deter ASICs, despite Ravencoin conducting a hard fork intended to bolster ASIC-resistance just five months ago. Tron […]
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The operator of the National Stock Exchange of Australia is working on a joint blockchain-based project to enable same-day settlements. NSX Limited, the operator of the National Stock Exchange of Australia (NSXA), is working on a joint blockchain-based project to enable same-day settlements. According to a Feb. 20 announcement, NSX has partnered with iSignthis (ISX), […]
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Partnerships, deanonymization and transaction pattern analysis: What else do international police use to detect crypto cybercriminals? 2019 demonstrated that cyber-attacks are getting more numerous in the cryptocurrency industry, while hardware remains vulnerable and high-profile data leaks are becoming more common. Even worse, the trend is a continuing one. Way back in June 2018, Kaspersky Lab […]
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Payment system ePayments has been halted by the FCA for about a week now, and all accounts remain suspended. Does crypto have anything to do with it? On Feb. 11, ePayments Systems Ltd, a United Kingdom-regulated electronic money institution, suspended all online payment activity at the request of the Financial Conduct Authority, the local regulator. […]
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With the total value locked in the DeFi market crossing $1 billion, industry stakeholders look toward greater global adoption. In one year, the total value of Ether (ETH) locked in DeFi markets has increased from $317 million to over $1 billion. With the increasing level of activity in the market sector, the next logical progression […]
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While banks in emerging markets are moving more rapidly toward issuing CBDCs, other countries appear to be taking a more cautious stance. The recent survey results published by the Bank of International Settlements produced bullish and bearish sentiments with regard to Central Bank Digital Currency adoption. While banks in Emerging Market Economies (EME) are moving […]
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How is the FATF’s AML guidance being implemented around the world, and what is its impact on the crypto industry? It’s been nearly eight months since the Financial Action Task Force issued its divisive crypto directives, establishing traditional banking regulations within the crypto sector. With the year-long adoption deadline fast approaching, how have the world’s […]
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