U.K.-based crypto data and wallet provider Blockchain.com has added a British pound gateway to its crypto exchange, The Pit. United Kingdom-based cryptocurrency data and wallet provider Blockchain.com has added a British pound gateway to its crypto exchange, The Pit. On Dec. 19, Xen Baynham-Herd — executive vice president of product at Blockchain — told Cointelegraph […]
Continue Reading
A 19-year old U.S. resident has been indicted for identity theft as part of an alleged $1+ million cryptocurrency heist affecting at least 75 American victims. A 19-year old man has been indicted for identity theft as part of an alleged $1+ million cryptocurrency heist affecting at least 75 victims in the United States. A […]
Continue Reading
What exactly are the significant steps emerging blockchain technology has made toward making the world a better place? Ongoing technological advancement in digital currencies is a phenomenon that can help developing countries both politically and economically. Cryptocurrencies can solve problems that are unique to these countries by providing access to a bank account, easy transfer […]
Continue Reading
New legislation called 5AMLD places crypto firmly under the EU’s regulatory umbrella. The deadline is rapidly approaching. 5AMLD — the Fifth Anti-Money Laundering Directive — is a piece of legislation that brings fiat-to-crypto exchanges and custodial wallets across the European Union under a new first-of-its-kind regulatory framework. Exchanges must achieve compliance with the rules by […]
Continue Reading
Russian authorities are poised to introduce several prohibitive measures, yet feasibility and enforcement mechanisms raise questions. At the end of November, news surfaced that Russian cryptocurrency users, who have been operating in a regulatory gray zone, could soon be at risk as the nation’s financial authorities reportedly join forces to outlaw the use of digital assets […]
Continue Reading
Diginex and the UN-led International Organization for Migration jointly launched a blockchain tool aiming to prevent the exploitation of migrant workers. Blockchain financial services firm Diginex and the United Nations-led International Organization for Migration (IOM) jointly launched a blockchain tool aiming to prevent the exploitation of migrant workers in Hong Kong. According to a Diginex […]
Continue Reading
Monero’s compliance workgroup concludes that FinCEN Funds Travel Rule does not apply to underlying assets and cryptocurrencies such as XMR. The Monero Compliance Workgroup has stated that the Monero (XMR) network is not subject to U.S. Financial Crimes and Enforcement Network (FinCEN) guidelines regarding the Funds Travel Rule, in a Dec. 5 blog post. What […]
Continue Reading
A recent report published by Bitcoin fund operator Grayscale suggests that 43% of investors interested in Bitcoin are women. A report published on Dec. 4 by Bitcoin (BTC) fund operator Grayscale suggests that 43% of investors interested in Bitcoin are women. The study involved 1,100 United States investors of ages between 25 and 64 surveyed […]
Continue Reading
New York-based blockchain analytics firm Chainalysis is set to provide crypto exchange Bitfinex with its Anti-Money Laundering compliance solution. New York-based blockchain analytics firm Chainalysis is set to provide crypto exchange Bitfinex with its Anti-Money Laundering compliance solution. In a press release published on Dec. 12, both firms took pains to stress that the solution […]
Continue Reading
Berlin-based fintech company solarisBank has established a subsidiary, solaris Digital Assets GmbH, to provide a custody solution for digital assets. Berlin-based fintech company solarisBank has established a subsidiary to provide a custody solution for digital assets. Per a Dec. 11 announcement, solarisBank’s newly established subsidiary, solaris Digital Assets GmbH, will provide clients with an application […]
Continue Reading