Powered by WPeMatico
Category: AML/KYC
Auto Added by WPeMatico
Chainalysis to Offer Lightning Network Monitoring Service to VASPs in 2022
Powered by WPeMatico
Satoshi Versus the ‘Infrastructure Bill’ — Political Permission Not Required
Powered by WPeMatico
Blockchain Surveillance Firm Chainalysis Raises $100 Million, Company’s Valuation Now $4.2 Billion
Powered by WPeMatico
Central Bank of Nigeria Orders Banks to Close Accounts of Crypto Clients as Remittances via Traditional Corridors Drop by 97%
Powered by WPeMatico
Lightning Network Increasingly Fragile to Attacks – Hope Turns to Drivechain for Bitcoin Scaling
A report published February 7 and authored in part by Blockstream researcher Christian Decker found that the BTC Lightning Network is “evolving towards an increasingly centralised architecture.” Proponents of LN say this is not a problem, and even critics of the network point to the necessity of properly defining — and not deifying — “decentralization.” […]
The post Lightning Network Increasingly Fragile to Attacks – Hope Turns to Drivechain for Bitcoin Scaling appeared first on Bitcoin News.
Powered by WPeMatico
Another Crypto Exchange Discourages the Use of Bitcoin Mixing Services
The cryptocurrency exchange Binance was recently scrutinized for flagging a customer’s funds because the individual had used a bitcoin mixing application. Now the platform Paxos Global is discouraging the use of crypto mixers after a customer allegedly sent coins to a mixing service. Also read: Regulatory Roundup: EU-Wide Crypto Regulations, New Rules in Europe, US, […]
The post Another Crypto Exchange Discourages the Use of Bitcoin Mixing Services appeared first on Bitcoin News.
Powered by WPeMatico
Deutsche Bank Report: Digital Yuan Could Upset Global Power Balance, Plastic Will Die, Cash Survive
A new report from Deutsche Bank Research, Digital Currencies: the Ultimate Hard Power Tool, predicts that cash payments will remain for decades, but the emergence of digital payments “will lead to the death of the plastic card.” The report, which is the third installment in a series on payments by the group, points to economies […]
The post Deutsche Bank Report: Digital Yuan Could Upset Global Power Balance, Plastic Will Die, Cash Survive appeared first on Bitcoin News.
Powered by WPeMatico
As FATF Regulations Galvanize, Crypto Mixing Applications Are Targeted
Since the inception of Bitcoin, governments have tried to keep track of all the transactions taking place on the public blockchain. As the years progressed, authorities have shown a distaste for cryptocurrency mixing applications like Coinjoin. On Dec. 19, a Binance customer couldn’t withdraw his bitcoin because the exchange told him he used the mixing […]
The post As FATF Regulations Galvanize, Crypto Mixing Applications Are Targeted appeared first on Bitcoin News.
Powered by WPeMatico
Criminal Activity in Crypto: The Fact, the Fiction and the Context
$400 million in XRP is used in illicit activity, how does this stack up against fiat fraud, and is the reputation of the crypto industry beyond saving?
Powered by WPeMatico