The first woman to gain more than a million YouTube subscribers is now going all-in on bitcoin to promote financial freedom to her loyal fanbase. “I kind of view bitcoin as similar to YouTube, which…
Gibraltar Updates Distributed Ledger Framework to Align With…
The Gibraltar Financial Services Commission (GFSC) has updated its guidance notes for distributed ledger technology (DLT) providers to include recommendations for risk management, as well as clarify aspects around the issuance of digital assets. In…
How banks are integrating crypto AML software for…
With the exposure of traditional banks and financial institutions to crypto-assets and all the risks involved, as well as the continued advice from governmental authorities to banks to integrate a crypto risk management system, what…
Blockchain Bites: Big Bitcoin Bets, SushiSwap Drops, bZx…
Hackers hit DeFi protocol bZx again, derivatives traders have placed bets bitcoin will hit $30,000 by year’s end and the latest twist in the SushiSwap saga. Top shelf Hacked againDecentralized finance (DeFi) protocol bZx is the…
Money Reimagined: Ending Money’s Distance Trap
For Australians of my generation, historian Geoffrey Blainey’s phrase the “tyranny of distance” was the defining descriptor of our place in the world, a place that seemed awfully far from everyone else. In September of…
Blockchain Bites: Bitcoin’s Weary Bulls, ETC’s Action Plan,…
INX is gearing up for a landmark IPO, 1 billion tether jumped from Tron to Ethereum and a shift in bitcoin’s options market suggests bullish speculation is beginning to ease. You’re reading Blockchain Bites, the daily…
4 of South Korea’s Largest Banks to Provide…
Four of the top five South Korean banks have reportedly announced their plans to provide cryptocurrency services. The announcements came ahead of the crypto regulation that will soon go into effect in South Korea. Largest…
BlackRock, Vanguard, Indirectly Hold Bitcoin Via MicroStrategy Investment
Earlier this week Bitcoin (BTC) bulls and crypto investors were thrilled by the news that MicroStrategy, a Nasdaq-listed business intelligence company worth $1.2 billion, had formally adopted Bitcoin as its primary reserve asset by purchasing…
Crypto Exchange Operator Diginex to List on Nasdaq…
Crypto startup Diginex has launched a cryptocurrency exchange ahead of its Nasdaq listing which has already been approved by the U.S. Securities and Exchange Commission (SEC). The new exchange is based in Singapore where Diginex…
Comparing Money Laundering With Cryptocurrencies and Fiat
There is no doubt that digital currencies provide benefits for an individual, a company and an institution by facilitating better access to financial products and services. Money laundering costs the global economy between $800 billion…
29 Cryptocurrencies Delisted on Liquid Exchange to Comply…
A major Japanese cryptocurrency exchange, Liquid, has delisted 29 cryptocurrencies to comply with the crypto regulation in Singapore in an effort to become a licensed crypto exchange operator in the country. Singapore has been enhancing…
Can Compliance and AML Software Improve Cryptocurrency Business…
Anti-Money Laundering and Combatting the Financing of Terrorism regulations demand that financial companies follow strict guidelines in order to curb and track illicit activity. Staying in compliance with these laws can often be difficult, especially…
FreeBitcoins.com is Open Again With Three Helpful Tools…
700,000 Expedia Hotels Can Now Be Paid With Cryptocurrencies via Travala More than 700,000 Expedia Group hotels and accommodations are now available via crypto-friendly travel booking platform Travala. Bookings can be paid with more than…
South Africa Proposes New Rules to Regulate Cryptocurrencies,…
South Africa is proposing new rules around crypto-asset service providers (CASP) as it seeks to align regulations with standards of the Financial Action Task Force (FATF). The proposed rules are part of amendments to the…
Paypal Developing Cryptocurrency Capabilities, Letter to European Commission…
Paypal has confirmed that it has been developing cryptocurrency capabilities in a letter the company sent to the European Commission regarding the EU framework for cryptocurrency markets. Recently, Paypal and Venmo were rumored to soon…
Blockchain Bites: Chainlink’s Interest, Ethereum’s ‘ReGenesis’ and Crypto…
Binance announced the rollout of its crypto debit card, the U.K.’s central bank is thinking hard about a digital currency and the taxman cometh. Here’s the story: You’re reading Blockchain Bites, the daily roundup of the…
Germany Takes Over FATF Presidency With New Guidance…
The Financial Action Task Force (FATF) has a new president as Germany took over the presidency from China. The intergovernmental organization also highlighted the need for more guidance on cryptocurrencies as many countries have not…
Germany Takes Over FATF Presidency With New Guidance…
The Financial Action Task Force (FATF) has a new president as Germany took over the presidency from China. The intergovernmental organization also highlighted the need for more guidance on cryptocurrencies as many countries have not…
Blockchain Bites: BitLicense at 5, Lawsky’s Fallacy and…
Today marks five years of the BitLicense, the controversial crypto safety rail enacted by New York State’s top financial watchdog. In half a decade only 25 licenses have been doled out, including two to a…
Blockchain Bites: PayPal’s Push, FATF’s Rules and ‘Overstated’…
Yesterday, it came to light that crypto functionality may come to PayPal and Venmo. If true, as substantiated by three anonymous sources and indicated by an open position for a senior blockchain research engineer, 325 million users…
Blockchain Bites: Designing Digital Dollars and Following the…
Top shelf Digital DollarsOn Thursday the House Financial Services Committee (FSC) Task Force on Financial Technology convened on Capitol Hill to discuss the possible role of a digital dollar is distributing COVID-19 relief payments. The…
Blockchain Bites: Iran and Russia Revisit Crypto Regulations,…
News 'Diet' Laszlo Hanyecz has the honor of conducting the first commercial Bitcoin transaction: trading 10,000 bitcoin for about $30 worth of pizza. Ten years later, those bitcoin would be worth $91 million. He apparently…
FATF: How Will the Guidelines Affect Canada’s Crypto…
As of June 2020, it will have been one year since the Financial Action Task Force (FATF) published Recommendation 16; it will also be the deadline for when countries should have entered the process…
Blockchain Bites: FATF, Financial Inclusion and Banking Without…
Things are settling in on the third day of Blockchain Week. Tuesday saw Nym’s Harry Halpin give an in-depth demonstration on how to shield your transactions, while Vitalik Buterin walked back a comment he made the previous…
Blockchain Bites: The Government Won’t ‘Kill DeFi’ but…
Top Shelf Progress must keep pace with need. An overriding theme during day three of Consensus: Distributed was that the pace of technological development - driven by interconnected but diffuse organizations - must keep up…
Blockchain Bites: Introducing the CoinDesk 50 and a…
Credit: Cavendish Design The CoinDesk 50Congratulations to the inaugural CoinDesk 50. This new list features the most important, innovative and viable projects in the crypto and blockchain industry. In just 11 years, cryptocurrency and its underlying…
Blockchain Bites: Hyperledger Makes Inroads, Bitcoin Gets ‘Harder’…
There's a lot of action happening in enterprise-grade blockchains. Big Blue's preferred chain, Hyperledger, is being tapped by three energy grid operators, a new consortium to establish digital identities for public and private organizations and…
MyCryptoMixer 2020 – The Best Bitcoin Mixer Necessary…
Governments and law enforcement agencies have been alerted to the possible illicit use of the pseudonymous Bitcoin (BTC) and cryptocurrencies ever since the notorious darknet marketplace Silk Road was shut down permanently by FBI, which…
Blockchain Bites: Bitfinex Sues, Miners Prepare, Congress Considers
Around the world, from the Middle East to Washington, D.C., Beltway, blockchain is proving its value. In the Middle East, citizens hampered by weak governments, unstable currencies and fraught political environments are turning to crypto…
Blockchain Bites: Bitcoin Whales and American Buyers May…
Bitcoin was up over 20% year to date Thursday morning. Data suggests that the recent price rise is being driven by U.S. investors buying bitcoin on spot and derivatives exchanges. Meanwhile, there are now more…
Bitcoin Fungibility, Mixing and the Legal Limits on…
On February 13, 2020, Larry Harmon, of Akron, Ohio, was charged with three counts: (1) conspiracy to commit money laundering, (2) operating an unlicensed money transmitting business and (3) conducting money transmission without a DC…
India Lifts Crypto Ban, South Korea Imposes New…
The Halving (sometimes referred to as “the Halvening”) is the predetermined moment when Bitcoin’s block subsidy gets cut in half. The halving of Bitcoin’s block subsidy occurs every 210,000 blocks (approximately every four years) and is a…