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Dutch Central Bank Orders Crypto “vulnerable to financial crime” Companies to Register

De Nederlandsche Bank to regulate crypto companies starting from January 10, 2020 The move came under the fifth European anti-money laundering directive De Nederlandsche Bank would begin regulating companies that offer cryptocurrency services, starting from January 10, 2020, announced the Dutch central bank on Tuesday. дальше »

2019-9-3 18:59


Dutch Central Bank cites crypto’s vulnerability to financial crimes; orders its supervision of the industry

As concerns around money laundering and terrorism financing grow, crypto-regulations have started to gain momentum. These concerns have now reared their head in The Netherlands. Due to cryptocurrencies not being fully regulated in the country, crypto-managing companies were not previously required to report to regulatory bodies. дальше »

2019-9-3 14:22


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Andreessen Horowitz Stands up for Pro-Cryptocurrency Regulations

Renown venture capital and investment advisory firm, Andreessen Horowitz, held a conference on cryptocurrencies to which they invited companies and regulators who are dealing with this new industry. Marc Andreessen discussed the importance of cryptocurrencies, likening it to how the internet was viewed in its early days, as reported by the Wall Street Journal, SeptemberRead MoreRead More. дальше »

2019-9-2 17:00


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Australian Digital Asset Advisory Firm Reports 89 Percent Fall in Revenue

Digital X, a token sale advisory and blockchain development firm in Australia, has announced abysmal performance for fiscal year 2019, as reported by Micky, September 1, 2019. The bear market in cryptocurrency brought down a lot of companies, most of which have been able to initiate a bounce back up after the resurgence of Bitcoin. дальше »

2019-9-2 15:00


Binance’s Venus will Face the Same Challenges as Facebook’s Libra, says Crypto Researcher

Libra to serve as a cautionary tale for Binance’s Venus The exchange is planning to launch an independent association in charge of stablecoin project Instead of Western companies, Venus’ geographic scope aligns with Beijing's infrastructure initiative Last week, the world's largest cryptocurrency exchange Binance announced its upcoming project, Venus. With that the Mata-based crypto platform […] дальше »

2019-8-31 18:23


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Ransomware gang breach data backup software used by hundreds of US dental offices

Hundreds of dental offices across the US have been crippled by a ransomware attack targeting a remote data backup service offered by a third-party. PerCSoft and Digital Dental Record (DDR) — the two Wisconsin-based software companies — provide a solution called DDS Safe that delivers triple-layer protection by backing up sensitive medical records to the cloud, an offline workstation, and an in-office hard disk drive. дальше »

2019-8-30 15:28


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Crypto bubble will be 10-100 times larger than dotcom bubble – opinion

The dotcom bubble has been accumulating for about six years, from about 1995 to 2001. When it burst in 2000-2002, the market value of the companies fell by $ 5 trillion. Some experts estimate the commercial potential of cryptocurrencies 10-100 times more than the capabilities of the Internet. Will a $ 50 trillion collapse await […] дальше »

2019-8-29 23:20


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Switzerland Approves Bitcoin Banks – But With Strict Conditions Attached

One of the major problems for businesses in the cryptocurrency industry is finding a bank that agrees to work with them and connect them to the traditional fiat financial system. The financial regulator in Switzerland has just made this easier by licensing two companies to serve as tailored banks for the industry and further open […] The post Switzerland Approves Bitcoin Banks – But With Strict Conditions Attached appeared first on Bitcoin News. дальше »

2019-8-28 23:00


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Swiss Regulator Issues Guidance for Blockchain and Cryptocurrency

FINMA, the financial market regulator in Switzerland, has released a guide in line with FATF rules in order to target KYC/AML compliance for blockchain payments companies and cryptocurrencies. Any party that transacts in cryptocurrencies or transmits money over the blockchain is liable to comply with existing money laundering regulation in Switzerland, August 26, 2019. дальше »

2019-8-27 01:00


Crypto Exchange Globitex To Participate In Mastercard’s Lighthouse Development Program (LDP)

Globitex, a cryptocurrency exchange based in Latvia, has achieved an important landmark, it has become the first crypto company to be accepted into Mastercard’s Lighthouse Development Program (LDP). This initiative, which was also backed by NFT Ventures, is focused on offering support to companies from Nordic and Baltic countries and to help them in developing […] дальше »

2019-8-27 23:56


UK Hacker Hands Over More Than $1 Million Worth Of Bitcoin To The Cops

A hacker from Kent, England that carried out cyber-attacks on more than 100 companies worldwide has handed over more than a million USD worth of Bitcoin, following a lengthy police investigation. Grant West, 27 of Ashcroft Caravan Park, made most of his money through phishing scams targeting individuals and companies all over the world since […] дальше »

2019-8-26 18:55