The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned two Chinese nationals accused of laundering cryptocurrency that was stolen in a 2018 crypto exchange hack. The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned two Chinese nationals accused of laundering cryptocurrency that was stolen in a 2018 […]
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Will Malta continue to be a “blockchain island” or has it lost its way to the top of the ledger? Last week, the financial watchdog of Malta came forward with an unexpected statement. Apparently, Binance, a leading cryptocurrency exchange that had been enjoying a close relationship with local authorities, is not authorized “to operate in […]
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Bitmain will reveal a new flagship series of Antminers designed to “safeguard miners for future mining.” The new S19 will produce 95 terahash per second. Leading mining hardware manufacturer Bitmain has announced two new upcoming miners — the Antminer S19 and the Antminer S19 Pro. According to a press release on Feb. 27, the Antminer […]
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Crypto.com, a Hong Kong-based crypto payments provider, has integrated into Travala’s website to streamline cryptocurrency-based payments. On Feb. 27, Hong Kong-based cryptocurrency payments provider Crypto.com announced a partnership with cryptocurrency-friendly travel booking platform Travala. The deal will see Crypto.com’s payment app integrated onto Travala’s website, providing a streamlined gateway for bookings to be made on […]
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In implementing new Anti-Money Laundering policies, many countries automatically treat crypto transactions as high-risk. Recently, financial regulators around the world have been growing concerned about the role of cryptocurrency in money laundering and financing of various illicit activities. The first two months of 2020 saw many governments acting on these concerns and introducing a variety […]
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Switzerland’s stock exchange became a shareholder in crypto trading infrastructure provider Omniex ahead of digital asset exchange launch. Switzerland’s leading stock exchange, SIX Swiss Exchange, has announced a partnership with Omniex – a San Francisco based firm that develops trading platforms designed for institutional investors targeting the crypto asset markets. According to a Feb. 25 […]
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The UFC has partnered with CryptoKitties creator Dapper Labs to launch blockchain-based collectibles on the forthcoming Flow platform. Dapper Labs, the company behind CryptoKitties, has announced a partnership with leading mixed martial arts promotion Ultimate Fighting Championship (UFC). According to a press release on Feb. 25, the partnership will see the development of “a new […]
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The blockchain-based payments firm gave millions to MoneyGram over two quarters in 2019. According to filings through the Securities and Exchange Commission (SEC), money transmission network MoneyGram has gained over $11 million from the blockchain-based payments firm Ripple Labs. In a press release by MoneyGram, the company stated it had received funds from Ripple divided […]
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Fintech firm Diginex has revealed its further development plans, once the merge deal with 8i is closed. Investment holding company 8i Enterprises Acquisition Corp. and blockchain financial services and technology firm Diginex have scheduled a shareholders meeting to consider the proposed business merge. The special meeting will take place on March 20 in New York, […]
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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 […]
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