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Multi-Million Bitcoin ATM Scheme Exposes Holes in EU’s Money Laundering Net

Spain’s Guardia Civil (Civil Guard) police unit has indicated that current rules in Europe are inadequate with regards to discouraging the use of Bitcoin ATMs to launder money. According to Bloomberg, this deficiency results from the fact that the owners of the Bitcoin ATMs are not required by the strict AML regulations to vet users […] The post Multi-Million Bitcoin ATM Scheme Exposes Holes in EU’s Money Laundering Net appeared first on CCN Markets дальше »

2019-7-14 08:51


Multi-Million Bitcoin ATM Scheme Exposes Holes in EU's Money Laundering Net

Spain’s Guardia Civil (Civil Guard) police unit has indicated that current rules in Europe are inadequate with regards to discouraging the use of Bitcoin ATMs to launder money. According to Bloomberg, this deficiency results from the fact that the owners of the Bitcoin ATMs are not required by the strict AML regulations to vet users […] The post Multi-Million Bitcoin ATM Scheme Exposes Holes in EU's Money Laundering Net appeared first on CCN Markets дальше »

2019-7-13 08:51


Finnish-Based Crypto Broker Prasos Granted EU’s Payment Institution License (PIL)

Prasos, a Helsinki based company offering crypto brokerage and exchange services has finally been granted a Payment Institution License (PIL) to operate within the European Union, CoinDesk reports. Announcing the new developments, Prasos Limited indicated that it was only the third company dealing with cryptos to be awarded with the licence in Europe. The license […] дальше »

2019-7-12 21:56


European Central Bank: “Bitcoin is Not a Currency But an Asset that is Very Volatile”

Bitcoin has unarguably gained massive adoption of recent and there are hopes that someday, it could potentially become a global currency. However, the European Central Bank, the Central bank for Europe’s currency Euro in a tweet on July 9, 2019, stated that it has no plans to add Bitcoin to its reserves because Bitcoin is […] The post European Central Bank: “Bitcoin is Not a Currency But an Asset that is Very Volatile” appeared first on ZyCrypto. дальше »

2019-7-10 15:34


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Russia Wont Ban Facebook’s Libra Cryptocurrency

Ever since the announcement of Libra, it has been the hottest topic of discussion amongst cryptocurrency enthusiasts, banks, tech companies, and regulators. As Europe and the USA struggle to come to terms with Libra, Russia is surprisingly calm on the issue, even confirming that the country doesn’t plan to ban Libra, as reported by Quartz,Read MoreRead More. дальше »

2019-7-6 13:00


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Dutch ministers push for cryptocurrency regulation to fight money laundering

Dutch ministers want to regulate cryptocurrencies as part of a wider effort to tackle money laundering in the country. According to a note sent to parliament on Monday, Minister of Finance Wopke Hoekstra and Ferdinand Grapperhaus, Minister of Justice and Security, want to limit the risks associated with cryptocurrencies and make the Netherlands a leader in the fight against money laundering. дальше »

2019-7-2 13:03


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Icelandic Financial Watchdog Approves E-Money Startup Monerium

Iceland’s financial watchdog, the Financial Supervisory Authority (FSA) on June 14, 2019, approved Reykjavik-based fintech startup Monerium as the country’s first e-money institution. Iceland Backs Digitization of Money Iceland’s national currency, the Icelandic krona (ISK), is set to become Europe’s first blockchain-powered digitally traded currency after the nation’s sole financial regulator gave the green lightRead MoreRead More. дальше »

2019-6-18 23:00


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Crypto Scores Big As Major European Soccer Team Accepts Bitcoin and Ethereum

Crypto has scored yet another major milestone. Benfica, a major European soccer club, has become the first team in Europe to accept cryptocurrencies as a form of payment for its online sales. Crypto payment solution UTRUST announced on June 5 a partnership with Benfica that allows fans to buy tickets and merchandise online using Bitcoin […] Crypto Scores Big As Major European Soccer Team Accepts Bitcoin and Ethereum was originally found on Cryptocurrency News | Tech, Privacy, Bitcoin & Blockchain | Blokt. дальше »

2019-6-10 16:19


Facebook Exec Confirms New GlobalCoin Stablecoin Will Be Linked To A Variety Of Currencies

Facebook Exec Confirms New Stablecoin Will Be Linked To Multiple Currencies The details surrounding the upcoming GlobalCoin from Facebook have been minimal. However, when the head of financial services and payment partnerships for Northern Europe, Laura McCracken, spoke with a German business magazine this week, she said that the stablecoin would not be pegged to […] дальше »

2019-6-7 21:51