Search
FinCen: Social Media Crypto Projects Can’t Ignore Money Laundering Risk
10.2.2020
The deputy director of FinCen says social media platforms should have the same AML compliance responsibilities as traditional financial actors
How Often Are Top Privacy Coins and Mixers Actually Used? – A Look at XMR, DASH, and ZEC
10.2.2020
As Bitcoin and crypto help everyday individuals to regain control over their money, and make trusting third parties unnecessary, it’s not surprising that privacy advocates have flocked to the space. While bitcoin’s ledger is openly viewable, privacy coins and privacy enhancing protocols...
New Regency Television Wins Screen Rights to Onecoin Story – The Missing Cryptoqueen
8.2.2020
The story of Onecoin and cofounder Ruja Ignatova might be seen on television sets in the near future. Reports detail that New Regency Television International participated in a bid for the rights to the BBC Sounds podcast “The Missing Cryptoqueen.” Also read: The Fallout From...
Alexander Vinnik Claims Injustice While Now Fighting Charges in France
7.2.2020
What’s next for suspected Bitcoin money launderer Alexander Vinnik as French authorities slam money laundering and conspiracy charges against him?
Tax Agents ‘Confiscate’ Bitcoin From Criminal but Keep the Coins in His Wallet
7.2.2020
The State Revenue Service of Latvia (SRS) has seized some bitcoins for the first time. The cryptocurrency, allegedly acquired through illegal means, is still being stored in the wallet set up by a criminal. Experts have expressed concerns about the risk of the money disappearing as officials...
Ex-TradingView COO Joins Binance as Director of Fiat, Europe and CIS
7.2.2020
Former TradingView COO has joined Binance to contribute to its mission to enable fiat-to-crypto trading for over 180 fiat currencies in 2020
Switzerland to Require ID for Crypto Exchange Transactions Over $1K
7.2.2020
Switzerland lowers limit for unidentified crypto exchange transactions
North Korean Hackers Created Realistic Trading Bot to Steal Money
5.2.2020
North Korean hackers created a realistic trading bot website to phish DragonEx employees
US Marshals to Auction $37M in Confiscated Bitcoin in February
3.2.2020
The United States Marshals Service will auction 4,040 BTC in February, requiring a $200,000 deposit to take part
Gold vs. Fiat Money vs. Bitcoin
3.2.2020
Since the time we have been out of the barter system, two items work as the intermediary: Gold and Fiat money. Though both of them have been used as a medium of transactions, there is a basic difference between the two that is Government’s back. Fiat money is issued and controlled by...
Don’t Invest in Bitcoin Code, Bitcoin Doubler or Bitcoin Trader – They Are All Scams
2.2.2020
Those new to crypto and with money signs in their eyes can easily be taken in by scams, and there are many, thanks to the decentralized nature of bitcoin and the lack of knowledge surrounding it for beginners. Promises of easy and incredible gains thanks to the guidance of some shadowy...
Charles Hoskinson: Cardano Will Become “the Most Decentralized Cryptocurrency in the World”
1.2.2020
Cardano founder Charles Hoskinson discusses whether proof-of-stake will overtake proof-of-work as the crypto industry’s economic paradigm
Hierarchies of Money: Why You Use Bank Money But the Bank Wants Reserve Currency
31.1.2020
While people tend to think of money as being all the same, the fact is governments and banks use different types of money than the everyday individual. From the top of the economic pyramid of world reserve currencies, down through central bank and commercial bank money, the capacities and function...
Better Regulation Could Curb Crypto Scams, Chainalysis Report Says
29.1.2020
Chainalysis’ 2019 crime report found illicit activities accounted for roughly 1 percent of overall crypto transactions last year, and better enforcement of anti-money laundering and know-your-customer regulations could stamp out a large portion of that
Deutsche Bank Report: Digital Yuan Could Upset Global Power Balance, Plastic Will Die, Cash Survive
29.1.2020
A new report from Deutsche Bank Research, Digital Currencies: the Ultimate Hard Power Tool, predicts that cash payments will remain for decades, but the emergence of digital payments “will lead to the death of the plastic card.” The report, which is the third installment in a series...
Singapore Introduces Licensing for Crypto Platforms, New Payment Services Now Act in Force
29.1.2020
The Monetary Authority of Singapore (MAS) has announced the commencement of the city-state’s new Payment Services Act. The law mandates the implementation of a licensing regime that applies to payment providers, exchanges and other platforms dealing with cryptocurrencies. Their operators...
LocalBitcoins Quietly Suspends Accounts in Multiple Regions Without Notice
28.1.2020
Finnish LocalBitcoins silently suspends user accounts in multiple countries, reportedly citing an “enhanced due diligence process” initiated by the EU’s 5AMLD
Standard Chartered Invests More Money in Newly Rebranded Trade Finance Startup
28.1.2020
Standard Chartered has invested in Contour, the recently-rebranded Voltron blockchain trade finance platform digitizing letters of credit for financial institutions
Deutsche Bank: Cryptocurrencies Won’t Replace Cash ‘Anytime Soon’
27.1.2020
Cash is unlikely to disappear anytime soon despite the decline of its use as a payment method and the surge of digital currencies, Germany’s largest bank believes
Ukraine to Oversee Crypto Transactions Above $1,200, Sees Opportunities in Legalization Not Risks
27.1.2020
Cryptocurrency transactions in Ukraine will be strictly monitored by the state, although the country’s finance minister admits that it’s not digital coins but fiat cash that criminals and corrupt officials are more likely to use. The legalization of cryptocurrencies remains a priority...