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European Banking Authority proposes overhaul of AML, CFT rules for crypto providers

In a consultation paper released on Nov. 24, the European Banking Authority (EBA), an EU agency tasked with implementing a standard set of rules to regulate banking across all EU countries, highlights that existing regulations governing Anti-Money Laundering/Combating the Financing of Terrorism (AML/CFT) standards compliance for crypto providers are inadequate.  дальше »

2023-11-24 19:10


Alameda Research’s $190 Million Loss Linked To Inadequate Security, Insider Reports

Amidst the ongoing legal proceedings, a fresh wave of testimonies has emerged against Sam Bankman-Fried (SBF) and his operations. In this particular instance, outside the courtroom, a former engineer at Alameda Research, the sister hedge fund of FTX, has come forward with revelations of substantial losses in trading funds totaling at least $190 million. Aditya […] дальше »

2023-10-13 22:30


Ethereum’s Power Move, Binance’s Battle, and the Dark Horses of the Crypto Race: COMP, BCH, and More

The past week has been a rollercoaster ride for the crypto industry. The market has been moving sideways, with the absence of significant crypto or macro factors. However, the SEC’s recent announcement that the spot Bitcoin ETF filings are inadequate caused a temporary dip in BTC’s price, shaking the market. дальше »

2023-7-4 14:56


CryptoSlate Wrapped Daily: Bitcoin slumps after CPI release; Fed Vice Chair warns banks on crypto company deals

The biggest news in the cryptoverse for October 13 includes Bitcoin falling by 3% as CPI data of 8. 2% worsen fear of rate hikes, Binance allegedly filing inadequate financial reports in the UK, STEPN denying lay-off claims, and United States lawmakers demanding a probe of ERCOT for paying Bitcoin miners in Texas. дальше »

2022-10-14 01:24


Chainlink in a 'relatively good' position to benefit from upcoming Bitcoin rally

The past few days have been pretty decent for most alts. Despite the inadequate support received from Bitcoin, they've been able to carry forth their respective rallies. Take the market's 12th largestThe post Chainlink in a 'relatively good' position to benefit from upcoming Bitcoin rally appeared first on AMBCrypto. дальше »

2021-9-7 23:00


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US Judge Dismisses Motion Against Bancor After Finding Allegations Inadequate to Give It Jurisdiction

A Manhattan federal judge has dismissed a securities fraud class action against Bancor after ruling that the plaintiff’s allegations were not enough to give the court jurisdiction. According to a report, the dismissal of the case against represents the first such ruling “in a suite of similar cases filed by crypto investors represented by Selendy […] дальше »

2021-2-25 01:30


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Guggenheim Investments’ Scott Minerd Says There Is Insufficient Institutional Support to Sustain BTC Prices Above $30K

As bitcoin struggles to kickstart yet another record-breaking rally, Scott Minerd, the CIO at Guggenheim Investments says this could be down to the inadequate institutional support. According to Minerd’s assessment, this lack of sufficient institutional investor support means it will be hard for bitcoin to trade above $30,000. дальше »

2021-1-30 00:30


Former Fed Governor Pins Bitcoin Rise on Weakening Dollar and Inadequate Monetary Policy 

Kevin Warsh, a one-time Bitcoin skeptic, appears to have softened his stance on the asset following the past few weeks of strong performances. Speaking with CNBC's Squawk Box, Warsh, a former Governor of the Federal Reserve, explained that the leading cryptocurrency had benefited largely from the slip in the dollar across last year. дальше »

2021-1-7 19:26


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How An Ineffective And Inadequate Banking System In Latin America Is Accelerating Cryptocurrency Adoption

Cryptocurrency has become a buzz word for individuals looking to make a ton of money through speculation. However, it’s not just speculation for some people. Individuals and businesses in Latin America are turning to crypto to escape from the chaos associated with the banking sector. дальше »

2020-9-5 17:49


Bidipass Incorporates Biometrics and Advanced Encryption Technology to Secure Your Vulnerable Data from Hackers

While passwords were once considered a secure means of protecting one’s information, it has ironically become one of the leading causes of a data breach. One of the leading culprits is the tendency to use password duplicates across multiple sites and login credentials, with 81% of data hacks being directly correlated to inadequate or stolen […] The post Bidipass Incorporates Biometrics and Advanced Encryption Technology to Secure Your Vulnerable Data from Hackers appeared first on CCN Markets дальше »

2019-9-5 17:59


Multi-Million Bitcoin ATM Scheme Exposes Holes in EU’s Money Laundering Net

Spain’s Guardia Civil (Civil Guard) police unit has indicated that current rules in Europe are inadequate with regards to discouraging the use of Bitcoin ATMs to launder money. According to Bloomberg, this deficiency results from the fact that the owners of the Bitcoin ATMs are not required by the strict AML regulations to vet users […] The post Multi-Million Bitcoin ATM Scheme Exposes Holes in EU’s Money Laundering Net appeared first on CCN Markets дальше »

2019-7-14 08:51