Trump budget puts crypto in secret service crosshairs

2020-2-20 14:05

To step up action against financial crime, the White House wants to bring the U.S. Secret Service—the agency tasked with protecting the nation’s leaders and safeguarding its financial system—back to its original home in the Treasury Department.

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Trump’s Administration Budget Proposal Could Give US Treasury More Power Over Crypto

In the 2021 financial year budget proposed by the Trump Administration which was released early this week, it’s clear of their intention in regards to crypto regulations. They are looking to expand the treasury’s role in cryptocurrency oversights by bringing back the United States Secret Service, now under the DHS, back to its jurisdiction. The […]

2020-2-11 18:57


Japan’s Second Biggest Bank Joins SBI Holdings By Investing In Ripple-Powered MoneyTap

Japan’s second-biggest banking institution has teamed up with SBI Holdings to develop a financial service platform that will be based on blockchain, Japanese based Nikkei reports. Sumitomo Mitsui Banking Corporation (SMBC) is set to deposit money in Japanese financial conglomerate in efforts to enhance the utilization of distributed ledger technology (DLT) within the trade finance […]

2020-1-31 02:12


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2020-1-21 11:05


The head of a major financial institution describes why Bitcoin “will go up” in 2020

The head of a global crypto-financial service provider recently shared his 2020 outlook for Bitcoin. The network is expanding In a recent interview with CNN Swizterland, Arthur Vayloyan, the CEO of Bitcoin Suisse, a swiss-regulated crypto-financial intermediary, affirmed that Bitcoin has a bright future and 2020 could set the stage for the next bull run.

2020-1-21 20:50


Electra opens pilot testing for new crypto payment system

Electra (ECA), an open-source Proof of Stake (PoS) blockchain project focused on digital payments, announced today it is now seeking merchants to beta test its flagship product, ElectraPay. ElectraPay is a complete financial management system, that will allow merchants to easily adopt an alternative payment method that is not dependent upon payment service providers, banks, […] CryptoNinjas: Electra opens pilot testing for new crypto payment system

2019-12-30 17:25


Crypto exchange CoinEx granted operating license in Estonia

CoinEx, a cryptocurrency exchange service provider, today announced that it has successfully received an operating license from the Estonian Financial Intelligence Unit (FIU). The license, which has already taken effect since November 2019, enables CoinEx to provide services for exchanging virtual currency against fiat currency, as well as a virtual currency wallet service.

2019-12-20 14:44


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AICPA Unveils Practices to Simplify Cryptoasset Accounting

In an effort to enable accounting and auditing firms that service cryptocurrency-linked businesses to formulate accurate and error-free financial statements, audits and more, in a seamless manner, the Digital Assets Working Group of the American Institute of Certified Public Accountants (AICPA), has launched a new practice aid, according to a blog post on December 16,Read MoreRead More.

2019-12-18 02:00


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CULedger’s Blockchain Identity Solution Adopted by Three Credit Unions

CULedger, a leading credit union service organization (CUSO) headquartered in Denver, United States, has announced that three credit unions, including TruWest Credit Union, Desert Financial Credit Union, and Unify Financial Credit Union, have successfully integrated its MyCUID distributed ledger technology (DLT) based identity verification solution into their operations, reports FintechFutures on December 16, 2019.

2019-12-17 02:00


Консорциум Hyperledger сертифицировал связанную с армией Китая фирму

В число первых пяти сертифицированных провайдеров услуг блокчейн-консорциума Hyperledger попала компания из Пекина, которая сотрудничает с Народно-освободительной армией Китая, сообщает CoinDesk. По запущенной в начале месяца программе Hyperledger Certified Service Provider (HCSP) консорциум сертифицировал американские компании Accenture, Chainyard и IBM, а также китайские Beijing PeerSafe Technology и Ant Financial. Статус позволяет им оказывать услуги предприятиям […]

2019-11-18 18:21


Bakkt Now Offering Custody Services To All Institutions After Receiving NYDFS Authorization

Bakkt is now making Bakkt Warehouse, the qualified custodian of Bitcoin accessible to all organizations. Previously, this service was only for clients trading Bakkt Bitcoin Futures contracts. But now the ICE-backed platform has received consent from the NY Department of Financial Services (NYDFS) to offer bitcoin custody to all institutions. As such, Bakkt is now […]

2019-11-11 21:00


Фото:

Ripple’s Insitutional Arm Grows Along with XRP Integrated Liquidity Service

RippleNet, the network of financial institutions and payment providers using the Ripple ledger, has hit a milestone of 300 institutional customers from 45 different countries. On top of that, On-Demand Liquidity (ODL), which uses XRP to eradicate pre-funding capital requirements, has seen 7x growth from the end of Q1 2019 to the start of Q4,Read MoreRead More.

2019-11-8 20:00


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