The future of money is the cost of consensus, and the economy of the future will usher in the next era of globalization.
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The U.S. SEC, Fincen and CFTC issued a rare joint statement Friday addressing regulation of “activities involving digital assets.” Citing crypto’s perceived role in money laundering and terrorism, the regulatory power trio prescribed stricter adherence to anti-money laundering (AML) policies and know your customer (KYC) protocols. The statement is a highly visible product of the […]
The post Rare Joint Statement From U.S. Regulators Proves Crypto Centralization Is Here appeared first on Bitcoin News.
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The current state of the so-called ’Threat Intelligence’ industry is fundamentally broken. When looking at just cryptocurrency alone, we have seen numerous examples of successful attacks. These have ranged from the collapse of the DAO to recent scandals such as the Blackwallet hack and NiceHash digital heist, which represented losses of $400k and $63million, respectively. Disclosure: This is a Sponsored Article On top of the immediate financial losses suffered by stakeholders; the vulnerabilities which these incidents expose and the quantifiable risk they they pose to potential investors, end up affecting the market at large, as well as it’s public perception.
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