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New Blockchain Consortium in Middle East Will Improve KYC Efforts Among Banks

The Middle East and South Asia (MEASA) region has formed its first blockchain consortium to bring better efficiency to KYC and data sharing practices between institutions. The Dubai International Finance Centre (DIFC) along with Mashreq Bank has partnered with Norbloc for the solution, as reported by Emirates News Agency, July 31, 2019. дальше »

2019-8-1 12:30


Bitflyer Will Let Customers Open Accounts Again After One Year Of Voluntary Suspension

A cryptocurrency exchange based in Tokyo called Bitflyer has recently decided to let its customers open up accounts again after around a year in which the company voluntarily decided to shut down new registrations after receiving an operational improvement order from the Financial Services Agency (FSA), the watchdog that takes care of crypto exchanges in […] дальше »

2019-7-3 03:03


CFTC Targets Control-Finance Ltd For Fraudulent Bitcoin Investor Scheme Of Nearly 23,000 BTC

US CFTC Launches Action Against Bitcoin Fraudsters A few days ago, the regulatory agency of the United States filed a complaint with the New York Southern District Court against Control-Finance Ld. Apparently, the firm defrauded over 1,000 investors so as to launder over 22,858 Bitcoin. дальше »

2019-6-18 20:52


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Ransomware Stems From Governments, But Bitcoin Gets The Blame

When hackers paralyzed the city of Baltimore with a ransomware attack last month, the focus became not the theft itself, but a $76,000 Bitcoin ransom. NSA Passes Ransomware Buck According to a recent report from The New York Times, a ransomware attack in Baltimore, Maryland in May was empowered by the use of a stolen National Security Agency (NSA) cyberweapon. дальше »

2019-6-9 19:01


Moody’s Ratings Agency Warns Against Risks Associated With Private Blockchains

On April 25th, rating agency Moody’s released a report titled “Blockchain Improves Operational Efficiency for Securitizations, Amid New Risks.” In the report, the rating agency highlights the growing attraction of blockchain technology to banks and others involved in so-called securitizations, or the conversion of debts and other financial assets into easily tradeable forms. Moody's Investors […] дальше »

2019-5-1 06:19


Bittrex fails to obtain BitLicense, New York regulators cite poor internal controls

US cryptocurrency exchange Bittrex had its BitLicense application rejected by the New York Department of Financial Services (NYDFS) after years of scrutiny. The agency rejected the application because of alleged deficiencies in anti-money laundering practices alongside poor due diligence over token launches, among other shortcomings. дальше »

2019-4-11 10:22


Livingston Trials IBM-Backed Global Shipping Initiative TradeLens Blockchain with Canada’s CBSA

Livingston International Inc. has just gone ahead to announce their formal participation in the new blockchain enabled global shipping initiative by the TradeLens. Additionally, it also announced its recent inclusion in the comprehensive pilot that is involving the CBSA, which is also referred to as the Canada Border Services Agency. More On The TradeLens It […] дальше »

2019-4-4 05:50