Bitcoin price hitting a 3-month high on rising volume hints at a bullish trend that puts $10K within reach. Bitcoin price (BTC) pulled back to $9.2K levels on Jan. 31, or almost 1% lower over the past 24 hours, after exceeding $9,500 earlier today. “It’s over 9 thousand” BTC price hits new 2020 high The […]
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A UK high court imposed a proprietary injunction on Bitcoin paid as ransom in a ransomware attack. A United Kingdom High Court ordered a proprietary injunction on Bitcoin (BTC) obtained through a ransomware attack on a Canadian insurance company. A proprietary injunction is an order which prevents a person from dealing with their own assets […]
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Gemini Europe, — the U.K. and EU affiliate of the Winklevoss twins’ crypto exchange Gemini — has appointed a new chief compliance and money laundering reporting officer. Gemini Europe — the United Kingdom and EU affiliate of the Winklevoss twins’ United States-based crypto exchange Gemini — has appointed a new chief compliance and money laundering […]
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The UK’s legendary Lancashire Cricket Club will sell tickets for all domestic and international fixtures at Emirates Old Trafford in 2020 through a blockchain-based platform. The United Kingdom’s legendary Lancashire Cricket Club will sell tickets for all domestic and international fixtures at Emirates Old Trafford in 2020 through a blockchain-based platform. In a news release […]
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As the FCA looks to shake things up under their new AML regime, how will the U.K. and the global cryptocurrency industry react? The Financial Conduct Authority (FCA) is now the United Kingdom’s sole Anti-Money Laundering (AML) authority for the crypto business. After a decade of compliance under a laissez-faire approach to AML legislation, U.K.-based […]
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CipherTrace launched a program to provide students with tools and analytics to detect and combat crypto scams. Cryptocurrency analytics firm CipherTrace has launched “Defenders League,” a program designed to provide students with the training and tools necessary to investigate crypto-related scams. On Jan. 13 CipherTrace announced partnerships with the Middlebury Institute of International Studies at […]
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Britain’s Financial Conduct Authority now monitors anti-money laundering and counter terrorism financing for companies carrying out cryptocurrency-related activities. Britain’s Financial Conduct Authority (FCA) now monitors anti-money laundering (AML) and counter terrorist financing (CTF) for companies carrying out cryptocurrency-related activities. According to an official announcement published on Jan. 10, FCA will supervise whether United Kingdom-registered businesses […]
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5AMLD comes into effect on Jan. 10, and cryptocurrency service providers are required to go along with it. The European Union’s 5th Anti-Money Laundering Directive (5AMLD) came into effect today, January 10. The regulation was entered as law on July 9, 2018 in an effort to bring increased transparency to financial transactions for pushing back […]
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Starling Bank co-founder promises the future of digital and crypto banking with Ziglu, arriving Q1 2020. Mark Hipperson, who was head of technology for the Barclays group for over a decade as well as co-founder and former CTO at U.K. challenger bank, Starling, is planning a Q1 2020 launch for his latest digital banking venture, […]
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Amid the constantly changing nature of crypto regulation, five countries had record-breaking success in processing digital assets in 2019. One of the impediments to the adoption of blockchain and crypto technologies in the world are the regulations governing their introduction into the world of business. The constantly changing nature of the legal framework and the […]
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