UK FCA wants to include crypto firms in financial crime reporting rules

The U.K.’s financial watchdog wants crypto firms to submit annual financial crime reports to help it cement a data-led approach to regulation. Cryptocurrency firms in the United Kingdom could soon be faced with more extensive Anti-Money Laundering (AML) reporting requirements. In a consultation paper published this month, the Financial Conduct Authority proposed broadening annual financial […]

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BitMex awards its last developer grant to a Bitcoin scalability solution from MIT

Can this project provide scalability without sacrificing security? BitMex’s 100x Group has awarded its last Bitcoin development grant of the year. The company has awarded a grant valued at $40,000 to Calvin Kim for his Bitcoin scalability solution, Utreexo — a project originally created by Tadge Dryja from the MIT Digital Currency Initiative. Bitcoin’s protocol […]

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Expert weighs in on Wasabi’s response to wallet security issues

Mario Havel of Paralelni Polis has sided with Samourai. Although the privacy-focused Bitcoin (BTC) wallet Wasabi Wallet recently dismissed allegations that its anonymity features may be compromised, a third-party expert disagrees. In an August 19 blog post, Wasabi competitor Samourai claimed to have “discovered two potential privacy vulnerabilities in the Wasabi Wallet software.” Per the […]

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