FinCEN Rules Commodity-Backed Token Services are Money Transmitters
FinCEN has issued a new ruling applicable to US businesses seeking to tokenize commodities for blockchain-based trading.
FinCEN has issued a new ruling applicable to US businesses seeking to tokenize commodities for blockchain-based trading.
This is a guest post by Chris Grundy, a Berlin-based Bitcoin enthusiast who works at Bitbond. Despite Germany’s recent negative press over the Greek bailout, Berlin remains one of the world’s greatest cities for Bitcoin lovers. Whether it’s the plethora of innovative bitcoin startups springing up all over the city, the widespread adoption of the […]
India’s first bitcoin wallet and startup Zebpay has begun offering mobile payment services to its users and has announced its plans to start a mobile e-commerce marketplace. Zebpay’s newly released mobile payment service enables its users to pay for DTH (direct broadcast satellite), mobile airtime and data card using bitcoin. Additionally, Zebpay users can now […]
Officials say a group claiming to be the Islamic State Hacking Division posted a list of American names and contacts online, and refers to them as “targets.” The post Alleged ISIS Activists Released Details of 1,400 US Targets appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
Bitcoin investor Roger Ver divulged details regarding the arrest of Mt. Gox CEO Mark Karpeles which had not yet come to light for the Coin Congress 2015 crowd in San Francisco’s Hilton Union Square. The Bitcoin entrepreneur suspects that the US government is visiting jurisdictions in which Bitcoin exchanges operate, having visited not only Tokyo […]
Bitcoin has typically been associated with criminal activity, as the anonymous nature of transactions allowed illegal dealings to be practically untraceable without any money trail. While the underlying blockchain technology has gained a better reputation for possibly transforming several industries, its smart contracts might be vulnerable to criminal use as well. This has been explored […]
In a new interview, bitcoin exchange itBit opens up about Bankchain, its new consensus protocol aimed at enterprise financial institutions.
Coinify works to spread the use of digital currencies. The company enables anyone to buy Bitcoin as an investment, or to buy or sell items and services from a rapidly growing list of stores worldwide. With experience in working with digital currencies since 2010, the Coinify team has a strong background with decades of experience […]
Interpol held an interactive training seminar in Singapore last month that utilized an internally developed cryptocurrency and a mock dark market.
Bitcoin payments processor Coinify has been able to acquire is competition Coinzone, allowing it to expand its reach to the European market. Coinify is based in Denmark and has roughly 8,000 customers prior to the deal, which could bump it up to at least 10,000. According to Coinify CFO Visti Larsen, he purchase comes as […]