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A directive affecting the crypto sector in Europe has been adopted by the EU Council. The document updates the anti-money laundering legislation of the European Union to address, among other issues, “the risks linked to virtual currencies.” The new rules aim to reduce anonymity for both users and transactions with requirements for know-your-customer procedures that … Read more
The European Central Bank’s Yves Mersch says banks should keep cryptocurrency dealings separate from other activities, as crypto doesn’t “qualify” as money Go to Source Powered by WPeMatico
Mitsubishi UFJ Financial Group plans to test its own crypto token on 100,000 users, local sources report Go to Source Powered by WPeMatico
Taiwanese Taipei Fubon Bank has reportedly become the first bank in the country to deploy a blockchain payment system Go to Source Powered by WPeMatico
Rob Jesudason, the CFO of Australia’s Commonwealth Bank has resigned with immediate effect in order to join EOS token developer Block.one as group president and COO Go to Source Powered by WPeMatico
The Polish Credit Office, the largest credit bureau in Central and Eastern Europe, will use blockchain to manage sensitive customer data Go to Source Powered by WPeMatico
HSBC reportedly completes first ever trade finance transaction on blockchain with soybean shipment Go to Source Powered by WPeMatico
South Korea’s government is widening its probe on cryptocurrency exchanges, particularly the use of corporate accounts which the regulators say can lead to money laundering. This announcement follows the prosecutors launching an investigation on the country’s largest crypto exchange, Upbit. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Widening the Crypto Probe South Korea’s … Read more
More insults flew this week from Wall Street–crypto as “baby brains”–but blockchain adoption wins across the globe balanced out the crypto week Go to Source Powered by WPeMatico
Zimbabwe’s central bank orders financial institutions to cease servicing crypto-related accounts within 60 days Go to Source Powered by WPeMatico
