2021-1-20 21:20 |
The U.S. should examine how it can curtail the use of crypto for illicit financing, the former Fed Chair said. origin »
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In a bid to combat the use of digital currencies as means of financing terrorism, a group of representatives from the Republican and Democratic Parties has introduced a bipartisan bill to the House on Jan 13, which seeks to create a task force focused on preventing the usage of cryptocurrencies in sponsoring terrorism. Bill AgainstRead More
2021-1-16 20:00 | |
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Fidelity Digital Assets will now allow its institutional customers to use their Bitcoin as collateral against cash loans. This new offering has been introduced in partnership with blockchain startup BlockFi, which announced on Wednesday that it is “thrilled” to support “Fidelity’s entrance into the digital asset financing space.
2020-12-11 23:10 | |
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The United States has just revealed a seizure of over $2 million in Bitcoin said to be meant for financing terrorist organizations over social media. Coinciding with the case, the Justice Department issued a deterrent to those that seek to use cryptocurrencies as part of criminal operations.
2020-8-14 00:00 | |
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The Irish government aims to implement stricter and more stringent laws to curb money laundering and terrorism financing in its financial system, including digital assets. In a report first published by Irish Examiner, the Cabinet is set to approve Justice Minister Helen McEntee’s bill, Money Laundering and Terrorist Financing Amendment Bill 2020, to place more […]
2020-8-11 16:38 | |
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Spherity, a project building decentralized identity management solutions, has announced that the Dortmund-based SeedCapital investment fund is joining its seed financing round. The Spherity team will use the investment to accelerate the development of its core technology to provide interoperable and blockchain-agnostic identity service offerings.
2020-2-13 16:22 | |
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A long-stated critique of cryptocurrencies is its use in financing terror operations. One could understand how that claim can be drawn. The link between a nefarious currency born from the internet, usThe post Bitcoin and Terror-financing: a game of 'catch me if you can' appeared first on AMBCrypto.
2020-1-29 18:00 | |
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Chainalysis has released their conclusions from a study, that has helped the firm establish that extremist groups are coming up with new ways to help finance their actions. Many of these new ways involve the use of different cryptocurrencies.
2020-1-18 19:48 | |
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Chase Auto, the car financing subsidiary of JPMorgan Chase, the largest bank in the United States, has submitted a patent application to use a blockchain-based system in tracking the inventory offered to its car dealers, thereby eliminating any inefficiencies in auditing a car dealer’s inventory, reports Pymnts, November 24, 2019.
2019-11-25 14:00 | |
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China is reportedly looking into the various use cases for blockchain tech and artificial intelligence (AI) in international financing, with a special focus on risk management procedures. The country intends to further liberalize its financial...
2019-10-28 10:33 | |
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Marshal Lion’s issue objective is to create a special blockchain-based platform that will grant investors easy, safe and comprehensive access to the non-bank lending market, as well as to provide a tool to allow convenient use of this platform - a token.
2019-10-16 12:33 | |
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The governor of the Philippines’ central bank has warned against crypto-enabled terrorism financing and said the institution will continue to surveil their use in the country
2019-6-12 13:02 | |
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By CCN: As expected, Uber’s earning report delivered a quarterly loss of $1 billion. Management must be working out how to dupe drivers into generating more revenue for the ridesharing play as traders pile on to short the stock.
2019-5-31 03:15 | |
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WeChat, the #1 messaging app in China, is also widely used for cryptocurrency transactions. Recently, WeChat Payment has revised the “WeChat Agreement for Payment Service,” which involves the control and regulation of illegal transactions, including cryptocurrency transactions.
2019-5-9 22:54 | |
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Owing to the rapid increase in wireless devices, the U. S. regulator Federal Communications Commission (FCC) is considering blockchain technology as a means to track, record, and monitor the use of radio wave spectrums, reported IT and Financing magazine ComputerWorld on May 6, 2019.
2019-5-7 09:00 | |
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According to a Reuters report published April 26, 2019, the armed offshoot of Hamas group is using complex methods of raising funds via digital currencies, making it difficult for regulators around the world to crack down on terror financing.
2019-4-27 13:01 | |
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North Korea could pose a threat to countries across Southeast Asia as it looks to exploit cryptocurrency exchanges due to gaps in regulatory frameworks, according to a new report.
2019-4-25 17:04 | |
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Domitai is a Cryptocurrency Exchange in Mexico, a trading platform for digital and traditional currencies between users. Our mission is to change the way commerce and financing is done in Mexico, and work to become one of the top financial institutions in Latam and Worldwide.
2019-4-15 06:03 | |
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The Pakistani government will now regulate local cryptocurrency firms under new legislation. Local news outlet The Express Tribune reported that the government of Pakistan will introduce Electronic Money Institutions (EMI) regulations based on the recommendations of the Financial Action Task Force (FATF).
2019-4-2 01:33 | |
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The Finland-based, peer-to-peer cryptocurrency trading platform LocalBitcoins released a statement on March 25, 2019, responding to a new act approved by the Finnish Parliament that will require users to verify their identities.
2019-3-28 18:00 | |
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As anxiety grows around every new twist and turn in the ongoing QuadrigaCX drama, along with extensive QuadrigaCX media coverage, Canada’s mainstream media has been calling on the government to bring in better oversight and regulation of cryptocurrency businesses, especially cryptocurrency exchanges.
2019-3-20 18:42 | |
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The Fifth Anti-Money Laundering (AML) Directive, implemented originally by the European Union (EU), became active in July of 2018. The directive made it possible for the EU’s regulators to monitor crypto-related businesses and service providers, based on the intention of reducing the risk of money laundering and terrorism financing. The directive has now been transposed […]
2019-2-20 01:02 | |
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Chainalysis, a provider of cryptocurrency compliance and investigation solutions, announced today it has secured a $30M Series B financing led by Accel. Benchmark also increased its investment in the company after leading its $16M Series A round last April. Chainalysis will use the funding... Source
2019-2-13 04:32 | |
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In an effort to bring new solutions to global mining and the metals supply chain, IBM and MineHub Technologies have announced a collaboration. The two partners will use blockchain technology to improve logistics, financing, operational efficiencies, and reduce costs in the mineral concentrates supply chain from the mine to the end buyer.
2019-1-17 20:29 | |
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In a bid to curb the activities of bad actors who use cryptocurrencies to facilitate illicit gains such as terrorism financing, Irish authorities are set to approve the Criminal Justice Money Laundering and Terrorist Financing Amendment Bill 2019, according to The Irish Times report on January 4, 2018.
2019-1-5 06:00 | |
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SYNASECOIN is a project which has as a main objective, use of crowdfunding system and Blockchain technology in all its splendor. One of the problems found around the world is the financial of entrepreneurs and businessmen looking to expand to international markets.
2019-1-4 02:03 | |
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Bitcoin Press Release: Hiveterminal showcases one of the first real-life use cases of blockchain adoption in the international invoice financing industry. November 21, 2018, Ljubljana, Slovenia – Hiveterminal is making history in global factoring as one of the first real-life use cases of blockchain adoption in the international invoice financing industry.
2018-11-22 07:08 | |
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On November 14, a crypto exchange KuCoin announced it had closed its Series A Round of Funding, raising $20 million (USD) from IDG Capital, Matrix Partners and Neo Global Capital “to bring cryptocurrency to the masses”.
2018-11-14 20:38 | |
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Initial coin offering (ICO) is a financing system that companies, usually startups, use to obtain funds to finance a business model and give value to the offered cryptocurrencies that they will use in their services or applications.
2018-11-10 09:00 | |
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Popular cryptocurrency exchange Coinbase has raised a fresh $300 million in a Series E financing round, bringing the company valuation to $8 billion. Coinbase plans to use the funding to "accelerate the adoption of cryptocurrencies," as it plans to remain the "entry-point into crypto" for millions of investors, according to a published blog post.
2018-10-31 20:51 | |
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The Cobo Crypto Wallet Has Received a $13 Million Investment Cobo is a developer of consumer blockchain products. It makes it easy for anyone to use and own crypto. It recently announced that it had raised USD 13million in Series A financing round.
2018-10-21 03:21 | |
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The Financial Action Task Force announced plans to set forth rules regulating cryptocurrency in line with its global AML/CFT standards. This move is geared towards eradicating the use of digital currencies for money laundering and financing terrorism.
2018-10-19 23:04 | |
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The U. S. Securities and Exchange Commission (SEC) has launched a new office to engage with cryptocurrency and blockchain startups. Called the Strategic Hub for Innovation and Financial Technology (FinHub), the division will make it easier for fintech startups to interact with the regulator on related issues and the legal implications of products before they launch them.
2018-10-19 01:51 | |
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Chinese startup Cobo raised $13 million this week in a Series A financing round led by DHVC and Wu Capital. The Beijing-based company — established by Bihang wallet developer Changhao Jiang and Shixing “Discus Fish” Mao, the co-founder of F2Pool — said it will use the funds to support the international expansion of its two […] The post Cobo Raises $13M in Series A Funding Round appeared first on Bitcoin News.
2018-10-18 19:30 | |
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CryptoNinjas Cobo, a developer of consumer blockchain products that makes it easy for anyone to own and use cryptocurrencies today announced it has raised USD $13 million in a Series A round of financing led by DHVC and.
2018-10-18 02:04 | |
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The International Monetary Fund (IMF) and the World Bank have weighed in on sovereign considerations and global implications of blockchain and other financial services technologies.
2018-10-15 19:01 | |
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Through autoXchange private vehicle owners and dealers can carry out the entire sales process, from sales and marketing to the signing of finance agreements. autoXchange removes the middlemen and all associated fees.
2018-10-14 13:46 | |
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Privacy-centric digital currencies are coming under more scrutiny as their use on dark web marketplaces is on the rise. Law enforcement agencies and several financial regulators are concerned that anonymous digital currencies could be used to facilitate terrorist financing and money laundering in a de facto untraceable manner.
2018-10-7 21:00 | |
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OsiaNetwork LLC has reached out to the Federal Election Committee (FEC) in the hopes that it will allow computer sharing for crypto mining for campaign donations. Osia says it would like to be the platform in which volunteers share their computer power to mine cryptocurrencies, which are then donated to political campaigns of their choice.
2018-10-5 23:57 | |
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On September 23, 2018, the Bitcoin Foundation sent a letter to the French Parliament asking that they reject a new crypto asset amendment being proposed in the PACTE Bill, which deals with the growth and transformation of France’s businesses and the country’s employee savings.
2018-10-4 22:10 | |
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A bill that seeks to create a task force to combat the use of cryptocurrency in financing terrorism has just passed the House of Representatives. House Resolution 5036 (H.
2018-9-28 01:12 | |
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The U.S. House of Representatives has reconsidered a proposed federal task force to investigate cryptocurrencies' use in financing acts of terror.
2018-9-27 21:00 | |
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The U.S. House of Representatives has reconsidered a proposed federal task force to investigate cryptocurrencies' use in financing acts of terror.
2018-9-28 21:00 | |
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Cybersecurity and anti-money laundering experts believe that North Korea could be using cryptocurrencies to acquire USD. The country is likely developing its own cryptocurrency and private blockchain.
2018-9-27 12:00 | |
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Cryptocurrencies are ill-suited for terrorist financing, a member of a think tank told the U.S. House of Representatives last week.
2018-9-11 00:00 | |
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Cryptocurrencies are ill-suited for terrorist financing, a member of a think tank told the U.S. House of Representatives last week.
2018-9-11 00:00 | |
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The Federal Financial Monitoring Service of Russia (Rosfinmonitoring) has commissioned an analytical tool for monitoring cryptocurrency transactions. The system will particularly focus on bitcoin, as reported by BBC’s Russian service.
2018-8-31 04:00 | |
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The Russian Federal Financial Monitoring Service (Rosfinmonitoring) is seeking to develop an analytical tool for tracking cryptocurrency transactions, specifically Bitcoin. BBC Russia reports that Russian authorities will attempt to use the new tracking system to detect cases of financial fraud and terrorist financing.
2018-8-30 20:09 | |
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FATF to Introduce New Program Regarding Cryptos and Related-Illegal Uses During U. S Presidency The Financial Action Task Force (FATF) explicitly shared that it will be addressing cryptocurrencies and its associated crimes during its U.
2018-7-20 03:07 | |
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The Bank of Thailand aims to use blockchain technology to improve services like document authentication, cross-border payments and supply chain financing. The Bank of Thailand is now considering using the modern and revolutionary blockchain technology to improve and streamline several administrative and payment services.
2018-7-16 21:12 | |
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A “Buy Bitcoin” note, previously shown behind former Federal Reserve Chair Janet Yellen, is now drawing bids at $140,000 in an online auction. A legal pad bearing the phrase “Buy Bitcoin” is attracting bids nearing $140,000 in an online auction,…
From “The Withdrawal Issue”, Richard Greaser of The Bitcoin Bugle is on the beat as Yellen call for deregulating the banking industry and recognizes the special privilege that banks have to facilitate money laundering.
Rep. Maxine Waters gave Janet Yellen and Gary Gensler a deadline of June 30 to respond to her requests on the “Digital Asset Market Structure” bill proposed by Republican lawmakers.
In a letter addressed to Treasury Secretary Janet Yellen and IRS Commissioner Daniel Werfel, two members of Congress raised concerns about the tax compliance practices in crypto.
Cointelegraph analyst and writer Marcel Pechman explains how a U.S. debt default could impact Bitcoin and the larger cryptocurrency market.
Janet Yellen said in an interview on March 12 that U.S. regulators are working to address Silicon Valley Bank collapse, but not considering a major bailout.
Jerome Powell said that he also had “close family members” who argued that crypto was still in the development phase, suggesting Bitcoin proponents may be close to home.