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United States: FinCEN says Crypto Exchanges must Share Customer info by June 2020

As part of efforts to curb the use of blockchain-based virtual currencies for unlawful activities such as money laundering, the United States Financial Crimes Enforcement Network (FinCEN) has mandated all money services businesses (MSBs) such as Bitcoin (BTC) trading venues to start transmitting certain customer info for transactions up to $3,000 or higher. дальше »

2019-11-21 02:00


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More Chinese Bitcoin Miners Flock to Sichuan as Demand Soars

Despite the long-standing ban on Bitcoin trading, China continues to be a breeding ground for cryptocurrency mining operations — statistically speaking. As BeInCrypto has previously covered, Chinese Bitcoin miners dominate an estimated 65 percent of the total network hashrate — with others, including the United States and Russia, lagging far behind with roughly five percent […] The post More Chinese Bitcoin Miners Flock to Sichuan as Demand Soars appeared first on BeInCrypto. дальше »

2019-11-1 21:29


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U.S. Financial Watchdogs Draft Joint Statement on Cryptocurrency

Top financial regulators in the United States, including the Securities and Exchange Commission (SEC), the Commodity Futures Trading Commission (CFTC) and the Financial Crimes Enforcement Network (FinCEN) have issued a joint statement reminding cryptocurrency market participants of their anti-money-laundering (AML) and counter-terrorist financing obligations under the Bank Secrecy Act (BSA), reports EconoTimes on October 14,Read MoreRead More. дальше »

2019-10-14 17:00


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Wells Fargo To Launch Stablecoin Cryptocurrency in 2020

USA’s fourth-largest bank has announced it will develop its own cryptocurrency for international transfers in 2020.   United States’ 3rd Largest Bank Reveals Wells Fargo Coin In a press release on September 17, Wells Fargo said its new remittance platform would form an international payment network based on what it describes as “distributed ledger technology” (DLT). дальше »

2019-9-17 16:32


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President Trump can’t block you on Twitter, federal court rules

A US federal court has ruled today that President Donald Trump can’t block his haters on Twitter. The United States Court of Appeals for the Second Circuit situated in New York said that since Trump uses the social network to communicate matters related to government affairs, he can’t bar some Americans from accessing that information. дальше »

2019-7-10 07:20


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RippleNet Expands Network in Asia by Adding Korean Payment Group Coinone

SBI-Ripple Asia, a joint venture of SBI Holdings and the United States Ripple company, expands its network in Asia. Coinone Transfer, a payments business and a subsidiary of Coinone, a major digital currency exchange of South Korea, joined RippleNet, a network of institutional payment-providers including banks and money services businesses provided by Ripple. дальше »

2019-6-18 15:00


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Baltimore Struggles to Tackle Ransomware Attack as Hackers Demand $10,000 per Day

The entire United States’ city of Baltimore is heading through what can be termed as a communication network blackout. Zero Hedge report published May 23, 2019, stated that the hackers who conducted the ransomware attack to crumple the city’s communication are now demanding $10,000 dollar worth of bitcoin per day. дальше »

2019-5-25 23:00


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LocalBitcoins Denies Service to Iranian Users

The popular peer-to-peer bitcoin trading network LocalBitcoins has shut down all trading operations for Iranian users. LocalBitcoins’ website offers a variety of pages for users of different nations and, as of May 24, 2019, the Iranian page displays a message that “LocalBitcoins is currently not available in your selected region,” in English only. дальше »

2019-5-25 20:14


Ontology (ONT) Set To Partake With Other Projects In Migrating From The NEO Blockchain Network

Ontology (ONT) Set To Join Other Projects In Migrating From The Neo Network Top figures at ONT (Ontology) are considering a future away from the NEO network. Ontology's United States Ecosystem partner, Erick Pinos, stated that though currently integrated on the NEO network, they have begun preparations for commitments elsewhere. He said “we're preparing on […] дальше »

2019-5-23 20:32


Russia’s KGB Successor Warns Terrorists are Turning to Cryptocurrencies

By CCN: Terrorist organizations getting support in the form of cryptocurrency are becoming the norm, according to Russia’s FSB director Alexander Bortnikov. As per local news portal RBC, citing media agency Tass, the chief of Russia’s Federal Security Service (the FSB’s successor) reported on the latest updates in the international terrorist networks at a meeting of the heads of security agencies of Commonwealth of Independent States (CIS) member states. дальше »

2019-5-22 13:11


KPMG States: Out of 1,500+ Cryptos; Bitcoin, Ripple, Ethereum, & IOTA are the “Most Important”

There are four most important cryptocurrencies viz Bitcoin (BTC), Ripple (XRP), Ethereum (ETH), and IOTA (MIOTA) as per KPMG’s insight blog titled, “Cryptocurrencies: Do they matter to corporate treasuries?” One of the Big Four auditors KPMG is a network of professional service firms that provides tax, advisory, and financial audit services. With large companies like […] дальше »

2019-5-5 18:16