Search
Advocacy Group Claims IRS-Issued Crypto-Warning Letters Violated Taxpayer’s Rights
14.7.2020
Close to a year ago last July, the U.S. Internal Revenue Service (IRS) revealed it would be sending ‘soft letters’ to suspected American cryptocurrency owners advising them to pay their taxes. Now according to the Taxpayer Advocate Service, a subsidiary of the IRS, the soft letters...
Malaysian Shariah Council Permits Cryptocurrency Investing and Trading
10.7.2020
The Shariah Advisory Council of Malaysia’s securities commission has advised that it is permissible to invest and trade cryptocurrencies on registered crypto exchanges. About 60% of the country’s population are Muslims, many of whom have been reluctant to trade crypto in fear that...
20 Blockchain Surveillance Firms Monitor Crypto Networks, But Some Apps Show Inaccuracies
16.5.2020
During the last few years, blockchain surveillance has increased a great deal and in the early days around 2013-14, there were only a handful of firms. Now there are more than 20 blockchain analysis companies that monitor addresses, transactions, and making sure addresses are AML/CFT compliant...
Bitcoin Going Industrial: New York-Based Natural Gas Provider Sells Fully Compliant ‘Hashpower Contract’
10.4.2020
During the first week of March, news.Bitcoin.com reported on a $65 million investment into the ‘behind-the-meter’ bitcoin mining operation, Greenidge Generation LLC in Dresden, New York. The Greenidge plant operates 7,000 bitcoin miners and on April 8, the firm revealed the sale of...
Shyft Network to Build FATF-Compliant ‘Identity Layer’ for Polkadot
6.4.2020
Shyft Network is adding yet another blockchain to its decentralized digital identification network
Dow Jones Has A Blockchain-Based Product For Fighting Fraud And Staying Compliant
2.4.2020
EastNets and Dow Jones Risk & Compliance’s new blockchain-based solution helps users overcome risks associated with manual watchlist updates
US 'Largely Compliant' with FATF Recommendations, but Issues Remain
2.4.2020
The United States is "largely compliant" with recommendations around digital assets, but issues remain, says multi-government regulator whose recommendations are recognised as the global anti-money laundering (AML) and counter-terrorist financing (CTF) standard.
The Financial Action Task...
FATF Says US ‘Largely Compliant’ With Virtual Currency Recommendations
2.4.2020
A new Financial Action Task Force report says the U.S. is largely in compliance with its recommendations around digital assets, but still has some "minor deficiencies" in its state and federal framework
Telegram Ruling Closes Another Door to Legally-Compliant Token Sales
29.3.2020
A recent ruling stopping Telegram from distributing its cryptocurrency creates new legal peril for public blockchains, argues lawyer Josh Lawler
Sharia Compliance in Bitcoin – What It’s All About, and Why Exchanges Like Beldex Seek Muslim Traders
29.2.2020
Money is a critical part of everyone’s life, and for the religious it is even viewed as a matter of eternal consequence. While those on the outside may be unaware of the importance finance takes on in circles of faith, these beliefs nonetheless affect and impact the businesses and economies...
Line’s Digital Currency Link to Be Available in Japan as Early as April 2020
3.2.2020
Launched in October 2018, Asian messaging giant Line’s Bitbox crypto exchange has made its link (LN) digital asset available to users worldwide, with the exception of notable locations like Japan and the U.S. Last Thursday the group announced it was preparing to launch the coin in...
Swiss Firm Poised to Launch Compliant IPO on Ethereum Blockchain
29.1.2020
Swiss blockchain firm Overture will launch a full-compliant IPO and offer its ordinary class-A shares natively on the Ethereum blockchain
Securitize Offers Global Solutions for Compliant Digital Securities
9.1.2020
Securitize offers trusted worldwide solutions for developing and managing compliant digital securities. Securitize is a full-stack technology and services platform with strong features and provides specialized tools for issuers and investors. Furthermore, the Securitize platform permits the clients...
Coinbase Patents AI Compliance System to Monitor and Flag Accounts
29.11.2019
Popular U.S. cryptocurrency exchange Coinbase received a patent November 19, for an AI-driven compliance system which would monitor customer accounts, flagging those deemed non-compliant and recategorizing them for corrective action. Described as a “compliance determination and enforcement...
Coinbase Secures Patent for System to Identify Non-Compliant Accounts
28.11.2019
Coinbase has been awarded a patent for a system that finds and flags non-compliant accounts
Could Crypto Be Compliant With Sharia Law? Experts Answer
16.9.2019
Experts answer: Could cryptocurrency be compliant with Sharia law?
US Treasury: Non-Compliant Fintechs Won’t Survive the War on Terror
14.9.2019
Cryptocurrencies could become the next frontier in the war on terror, according to U.S. Treasury undersecretary Sigal Mandelker
Ethereum Foundation deemed Sharia Compliant By Amanie Advisors
1.9.2019
The Islamic finance and Sharia advisory firm Amanie Advisors announced in their blog post that they have joined hands with the Ethereum Foundation to establish the platform’s compliance with Islamic religious law (Sharia). Last year, under the Shariyah Review Bureau (SRB), Stellar became the first...
Ether is Shariah-Compliant Until it's Used For Profit - Scholars
29.8.2019
A prominent Shariah advisory firm specializing in Islamic finance solutions, Amanie Advisors, in collaboration with Ethereum Foundation, looked into the Ethereum platform and its native currency Ether, to try and ascertain if they violate any prohibition and if they are permissible for the Islamic...
Fintech Firm Partners With R3 to Develop Shariah-Compliant Market Platform
29.8.2019
R3 partners with Dubai based fintech firm Wethaq as it builds a Corda-based Islamic securities platform