Source: iStock/-lvinst- Russian major bank Sberbank has introduced a new low-cost, cross-border remittance solution that it believes will be able to compete with cryptocurrency for cross-border transactions. The bank, once the Russian financial sector’s fiercest advocate of cryptocurrencies, announced earlier this year that it was turning its back on cryptocurrencies, citing the lack of Read…
Read more
Crypto Briefs is your daily bite-sized digest of cryptocurrency and blockchain-related news – keeping you up-to-date with under the radar crypto news from around the world. Regulation news Sankei Biz reports that the G7’s Financial Action Task Force (FATF) will audit the Japanese financial sector on money laundering protocols for the first time in 11…
Read more
Crypto Briefs is your daily bite-sized digest of cryptocurrency and blockchain-related news – keeping you up-to-date with under the radar crypto news from around the world. Mining news The former head of Venezuela’s Bolivarian National Intelligence Service has alleged that Venezuela is secretly mining cryptocurrency on a massive scale – to the extent that citizens…
Read more
Could global regulators finally be deciding to work together – and are they stepping up their game to respond to the rapidly increasing pace of global fintech progress? Some of America’s most powerful financial regulators – including the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) – have announced they will…
Read more
The head of an American government security agency’s tech unit says China has surpassed the United States in cryptocurrency technology – and warns that his country could face security risks if it continues to shirk away from public spending on innovation. In an interview with the Wall Street Journal, Mike Brown, the director of the…
Read more
Crypto Briefs is your daily bite-sized digest of cryptocurrency and blockchain-related news – keeping you up-to-date with under the radar crypto news from around the world. Security news The United States National Security Agency has launched a new cybersecurity unit – with staff members who are “prepared” to block North Korea’s attempts to stop weapons…
Read more
The Bohdan Khmelnytsky Monument in Kiev. Ukraine’s parliament is looking to push through cryptocurrency regulation in the final months of 2019. The country looks set to introduce crypto tax laws “before New Year,” with MPs speaking of the cryptocurrency industry providing “huge potential for economic growth.” Per a Facebook post from MP Alexey Zhmerenetsky, a…
Read more
South Gate of Seoul. Over 800 South Korean companies are doing business in cryptocurrencies, per figures compiled by the regulatory Financial Supervisory Service (FSS). Aju News reports that a parliamentary committee asked the FSS to reveal how many companies in the country had corporate cryptocurrency exchange-linked accounts with domestic banks. The FSS surveyed 19 Read…
Read more
Source: a video screenshot, Youtube, Cryptosteel The Cryptoverse is young and, as such, comes with numerous issues, but also produces possible solutions for those issues each day. One of the latest long-term seed word and other valuable data storage options offered to crypto users is a solid metal capsule for autonomous offline storage of data…
Read more
Some exchanges with poor ratings have seen an increase in September’s trading volumes, while the best rated market players have registered a decrease, says the latest report by CryptoCompare, a provider of the crypto market data. The September 2019 Exchange Review claims that, based on CryptoCompare’s Exchange Benchmark grading methodology, lower-tier exchanges, Read more »Pay/Trade/Buy…
Read more
