Dapps and DEXs in FinCEN crosshairs.

As the crypto asset regulatory environment begins to firm up, crypto’s reputation as the ‘wild west’, is fading. New guidance by FinCEN makes it clear that in the US, virtual currencies are subject to the same AML requirements as fiat currency. origin »

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Major Companies Plan to Track Sea Food and Clothing Using Blockchain.

Blockchain has found a tremendous use case in supply chain management. A Forbes post published May 15, 2019, revealed that Bumble Bee Foods plans to use blockchain for seafood tracking. Also, a press release on PR Web explained how Avery Dennison and EVRYTHNG’s partnership with 1017 ALYX 9SM will allow consumers to authenticate clothing items. origin »

Hacked Crypto Exchange Cryptopia Opts For Liquidation.

Hacked cryptocurrency exchange Cryptopia has appointed liquidators as executives warn of an investigation lasting “months rather than weeks. ” Meanwhile, Binance is undergoing a major upgrade. Cryptopia Users Brace For Long Haul In a press release May 14, accounting firm Grant Thornton confirmed it was overseeing liquidation procedures at the New Zealand exchange, which lost $23 million NZD ($15. origin »

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The Five Blockchain Principles of IBM.

Technology typically adds positive value to society, and as such, it can deliver demonstrable good for the world; according to IBM, blockchain can further this sentiment. In an IBM Blockchain Pulse blog post, May 13, 2019, the tech behemoth lays out the guiding principles it adheres to, which it believes are key to “ buildingRead MoreRead More. origin »

Why We Should Never Hope For A Central Bank Of Bitcoin.

Bitcoin economist, Tuur Demeester, explains why the idea of a ‘Central Bank’ of Bitcoin would create more problems than it would solve.   Bitcoin Exchanges Similar To Early US Banking System In the wake of the Binance hack and Bitfinex/Tether debacle, are crypto exchanges becoming ‘too big to bail’? And if so, should we be looking towards a ‘Central Bank Of Bitcoin’ as a solution? Bitcoin economist, Tuur Demeester, explains why he thinks that would Read More The post Why We Should Never Hope For A Central Bank Of Bitcoin appeared first on Bitcoinist.com. origin »

Bitwise Bitcoin ETF Approval Again Delayed by SEC.

Coinspeaker Bitwise Bitcoin ETF Approval Again Delayed by SECThe approval of a regulated crypto derivative this year is now looking less likely, as the SEC has once again delayed its decision on whether to approve the Bitcoin ETF proposed by asset manager Bitwise. origin »

VCC Exchange Partners Bittrex to Open a New Crypto Exchange Platform in Vietnam.

Cryptocurrency Exchange working on launching a cryptocurrency platform in Vietnam. The Southeast Asian digital asset exchange is working on establishing a safe, secure and reliable crypto exchange platform for cryptocurrency users in Vietnam in collaboration with Bittrex, according to an announcement by the Platform’s co-CEO Tung Dao. “We are honored to launch our platform with […] origin »

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