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The Money Laundering War Wages On But is Bitcoin Really Better Than Banks for Financial Crimes

One of the biggest arguments that naysayers of cryptocurrency like to bring against it is the concept of money laundering. A recent report in September last year in the Wall Street Journal indicated that criminals used cryptocurrency exchanges in the laundering of $90 million in the last two years, though much of the report had […] дальше »

2019-2-5 17:24


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Iran releases gold-backed cryptocurrency

Another country that faces a financial crisis due to the US sanctions issues its own national cryptocurrency. A group of Iranian banks presented a PayMon pegged to gold. Islamic revolution in digital Four Iranian banks (Bank Mellat, Bank Melli Iran, Bank Pasargad, and Parsian Bank) presented PayMon cryptocurrency, each coin of which is backed to gold reserves. дальше »

2019-2-8 17:22


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Philippines Implement New Regulations for its Cryptocurrency Industry

Crypto-friendly Philippines now has a new set of comprehensive regulations tagged as the digital Asset Token Offering (DATO) regulations. The guidelines were formulated and approved by the Cagayan Economic Zone Authority (CEZA), to sanitize the space and protect consumers against fraud, according to a Vietnam News report on February 4, 2019. дальше »

2019-2-5 14:00


South Korea’s FSC Continues Initial Coin Offering Slap After Multiple Tokens Violate Rules

The debate over the continual ban against initial coin offerings (ICOs) in South Korea has finally been settled, but the news isn’t good. The top financial regulator in the country has decided that the ban will remain in place, though the cause is due to rule violations of local projects. The Financial Services Commission (FSC) […] дальше »

2019-1-31 22:16


Can Ripple’s xRapid Save Iran From The Stranglehold Of US Sanctions

Our regular readers will already be aware of the fact that Iran is constantly facing the wrath of US sanctions. Just last month, the US Congress passed its 18th resolution condemning the Iranian regime’s record of arbitrarily detaining and otherwise discriminating against members of the Baha’i faith and other religious and ethnic minorities. The bill […] дальше »

2019-1-31 18:40