ZebPay teams up with Chainalysis to monitor transactions in India as the firm re-expands services in its home country. Major Indian cryptocurrency exchange and wallet provider Zebpay has commissioned blockchain forensics firm Chainalysis to monitor transactions executed across its platforms in India. The move comprises an expansion in the partnership between Chainalysis and ZebPay, with…
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Former chief of Russian Post local branch is arrested on suspicion of running a crypto mining farm inside the office for almost six months. The Russian Police launched a criminal investigation against a former Russia’s regional post office chief, who managed to mine cryptocurrencies through the office’s network in a town of Mineralnye Vody located…
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Using regulation to one’s advantage is the main factor of an innovative fintech business. The best way to achieve it is closely monitoring the shifting regulatory landscape. Regulations are not going anywhere. On the contrary, financial service providers face more regulatory challenges and higher costs than ever before. During the early days of cryptocurrencies, a…
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Alongside the internet, cryptocurrencies have made the world a global village. Here is a list of countries that are ideal for crypto enthusiasts to live in. For crypto enthusiasts, choosing a location to live in that supports an ideal lifestyle extends beyond searching for a city with a high number of shops and retail outlets…
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As COVID-19 has the financial system more internet-dependent than ever, Congress is worried that the United States’ cyber defenses are not up to the current challenge. In a May 28 virtual roundtable before the congressional Subcommittee on National Security, International Development and Monetary Policy, witnesses and congresspeople alike feared that they are not keeping up…
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The United States Securities and Exchange Commission ordered crypto firm BitClave to return $25.5 million to investors. The United States Securities and Exchange Commission (SEC) has ordered cryptocurrency firm BitClave to return $25.5 million to investors. In a May 28 announcement, the SEC announced charges against the California-based cryptocurrency startup. The regulator found BitClave to be…
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China’s new civil code will include cryptocurrency such as Bitcoin to be part of the legal inheritance. The Thirteenth National People’s Congress and Chinese People’s Political Consultative Conference has come to an end on May 28. According to Xinhua news, the same day the parliament passed a new civil code; a legislation package that includes…
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The Kleiman estate’s legal team has seized upon this week’s revelation that 145 Bitcoin addresses claimed by Craig Wright are controlled by someone else. The Kleiman estate’s legal team has entered into evidence this week’s revelation that 145 addresses claimed by Craig Wright are not controlled by him. They filed a notice of supplementary evidence…
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While Russia is facing disagreement over the legal status of Telegram and crypto, both continue operating in the country. A major state authority in Russia has objected to the State Duma’s proposal to cancel the ban on Telegram’s encrypted messenger in the country. Russia’s Ministry of Digital Development, Communications and Mass Media, also known as…
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The head of the agency that enforces the Bank Secrecy Act and KYC requirements in the U.S. says the agency aims to help crypto innovate responsibly. In a May 27 interview sponsored by Chainalysis, Director of the United States Financial Crimes Enforcement Network (FinCEN) Kenneth Blanco was adamant that the regulator is not the enemy.…
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