In what seems like the first coordinated strike from government agencies, the U.S. Securities and Exchange Commission (SEC), the Commodity Futures Trading Commission (CFTC) and the Federal Bureau of Investigation (FBI) have taken action against a securities broker for violating federal laws in connection with security-based swaps funded by bitcoin. On September 27, 2018, the […]
The Wall Street Journal claimed Friday that 46 crypto exchanges were used to launder nearly $90 million – with $9 million going through ShapeShift.
With the recent increase in popularity of the blockchain technology, many believe that it is only a matter of time before this tech enters the mainstream. However, to do that, it will first need a catalyst, and many have been wondering for a while just what that might be. According to Loom Network’s recent Medium […]
More than 50 stakeholders from the cryptocurrency and finance industries this week met with U.S. lawmakers in Washington to discuss the future of blockchain regulations in the country. The roundtable, which took place at Capitol Hill at the behest of Rep. Warren Davidson (R-OH), saw attendance from the representatives of industry heavyweights including Coinbase, Kraken, […]
Mastercard’s research and development wing is looking into the implications of blockchain and other cutting-edge technologies to increase general efficiency at the firm. The Ireland-based subsidiary of the international payments giant has been responsible for various innovations in the six years since its formation. Mastercard Labs Innovating in the Digital Payments Space The second largest […]
In a move to expand its asset offerings, Coinbase has created a new process by which anyone with a token can apply to have it listed on the platform. This news comes weeks after Coinbase said it was exploring the addition of several new assets including Stellar Lumens (XLM), Zcash (ZEC) and Cardano (ADA). At […]
This is a submitted sponsored story. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the content below. A new French exchange focuses on security and regulatory compliance as a part of its plan to become the European market leader by 2020. A new exchange — […]
Two Washington-based financial experts say that North Korea is increasingly using cryptocurrency to evade U.S. Sanctions. According to Lourdes Miranda, a financial crimes investigator specialized in intelligence collection and analysis, and Ross Delston, an expert witness who specializes in anti-money laundering and combating the financing of terrorism, Pyongyang is creating its own cryptocurrency and is likely also using popular […]
With Bitcoin and other cryptocurrencies making huge sums of money for those adept at timing the market, the U.S. Internal Revenue Service (IRS) is keen to make sure it receives its cut of the profits. However, a lawyer from Morgan Lewis & Bockius states that many users do not realise that even when they have […]
The U.S. Securities and Exchange Commission recently moved to delay their decision over yet another bitcoin exchange traded fund proposal.