The members of the Joint Chiefs of Global Tax Enforcement are updating their crypto laws to prevent financial crimes and money laundering. Cybercriminals are taking full advantage of the COVID-19 pandemic, which has forced life into a digital realm, by leveraging increased fear and uncertainty to steal money and launder it through the complex cryptocurrency…
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Tron describes the collaborative interest it shared with hardware wallet, Ledger, in adding TRX to Ledger Live. Tron described its recent listing on Ledger wallet’s Ledger Live software as a move for both parties to continue the expansion of the crypto space. “It was in our mutual interest, to further develop and promote the crypto…
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The blockchain tech industry has dramatically changed over the past 10 years: Here’s what you should know about it. Blockchain is no longer just the backbone of Bitcoin (BTC) or cryptocurrencies. It is more than that. Its application in various industries is as wide as the seas. And despite the technology’s limitations and challenges, demand…
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Most crypto analysts believe that proper regulation is needed when it comes to promoting the legitimacy of stablecoins. According to a study released by the G-20’s Financial Stability Board on April 14, stablecoins pose a pertinent risk to the financial stability of the global economy and therefore need to be regulated in a manner that…
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Billionaires Mark Cuban and Tyler Winklevoss debate about Bitcoin’s complexity in comparison to basketball. Despite being over a decade old, Bitcoin (BTC) is still not particularly easy to understand. Even major BTC bulls like Tim Draper have admitted that Bitcoin still lacks ease of use for mainstream adoption. In the same vein, two key figures…
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After a 24-hour ban imposed by YouTube, two crypto-related channels were restored by the platform. Two new crypto-related channels were recently blocked by YouTube. Some creators are alleging that this is part of an ongoing campaign by the video platform against creators who publish cryptocurrency-related content. In less than 24 hours, however, the bans were…
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A worthless currency, and a worthwhile cause: why Akon is bringing transparency to Africa. Akon takes the stage at the Blockdown Virtual Conference this evening as one of the most influential figures in blockchain’s shift from niche financial tool for techies to the mass adoption of digital currencies. The creator of Akoin discussed the reasons…
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The next step for crypto’s mass adoption might lie in an alliance between decentralized crypto assets and centralized custodians. Mass adoption. It’s a mantra touted often in this space and what every crypto company is working toward. While tremendous progress has been made in the past 10 years on driving crypto awareness and improving user…
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Diginex — a crypto firm to be traded on Nasdaq — launched a new permanently live custody solution through its subsidiary Digivault. Diginex — a crypto firm to be traded on Nasdaq — has launched a new permanently live custody solution through its subsidiary Digivault. According to an announcement on April 16, the new custody…
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The Dutch implementation of the EU’s anti-money laundering directive will cost crypto-businesses a fortune. The Dutch Ministry of Finance’s implementation of the European Union’s fifth anti-money laundering directive, or AMLD5, requires the country’s Central Bank to monitor its cryptocurrency industry. The cost of this supervision will be passed on to crypto-based businesses. A recent report…
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