Some DApps May Qualify As Money Transmitters According To FinCEN.

In a newly published guidance sheet, the Financial Crimes Enforcement Network outlines the ways in which a dApp may qualify as a money transmitter, meaning the service will have to obtain a license for the state (or states) it operates in and follow federal anti-money laundering and know-your-customer procedures. origin »

FinCEN Says Some Dapps Are Subject to US Money Transmitter Rules.

Decentralized applications (dapps) may sometimes qualify as money transmitters under U.S. law, FinCEN said. origin »

‘We’ll Tokenize the House’: Mortgages Are Coming to Ethereum This Summer.

Fintech startup Fluidity plans to launch ethereum-powered mortgages in California and New York, CoinDesk has learned. origin »

Major Crypto Laundering Business Uncovered in Spain.

Europol has announced the arrest of eight individuals in Spain who allegedly have ties to a criminal organization that is involved in cryptocurrency laundering services, May 08, 2019 $10 Million Credit Received in Cold and Hot Wallets It seems as though the more the regulatory authorities are trying to bind the crypto industry within strictRead MoreRead More. origin »

ECB President Mario Draghi: Cryptos Are Not Currencies, They Are Very Risky Assets.

Cryptocurrencies are not real currencies, according to European Central Bank president Mario Draghi

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Authorities Dismantle $10 Million Crypto Money-Laundering Ring in Spain.

By CCN: A crypto money-laundering ring that was offering its services to other criminal enterprises has been dismantled in Spain. The Crime as a Service operation is believed to have laundered approximately $10. origin »

Smart contracts provider iCash rebrands as Proof of Trust.

CryptoNinjas Proof of Trust, a blockchain-based platform that brings immutability and distributed trust for smart contracts and data storage, is announcing a brand shift away from its former company name iCash to signal its reiterated responsibility to its key stakeholders. origin »