With governments increasingly exploring and launching their own digital currencies, we might worry that crypto just can’t compete with national financial infrastructures. Not so, Vitalik Buterin (Ethereum co-founder) spoke with Block TV podcast on March 4 about his predictions for…
The European Union’s 5th Anti-Money Laundering Directive (5AMLD) came into effect January 10. The regulation was entered as law on July 9, 2018 in an effort to bring increased transparency to financial transactions for pushing back against money laundering and…
CCTV reported on Dec 22nd, Chinese authorities have seized nearly 7000 crypto mining machines, illegally consuming electric power. The cryptocurrency mining confiscation came as part of an inspection of more than 70,000.00 households, 3,061 merchants, 1,470 communities, as well as…
Recent research by the European Central Bank (ECB) claims that it is possible to develop a central bank digital currency (CBDC) payment system that protects user privacy. Per the report dubbed “Exploring anonymity in central bank digital currencies,” the European…
Kenneth Blanco – Director of The US Financial Crimes Enforcement Network (FinCEN) ) – said that Anti-Money Laundering (AML) laws will be strictly enforced in the world of cryptocurrencies. On Nov 15, Blanco made clear that cryptocurrency companies engaged in…