The Malaysian blockchain is the international supernode operator of China’s public Xinghuo blockchain.

Go to Source

Robinhood users in Europe can now deposit and withdraw crypto using external wallets and exchanges like Binance.

Go to Source

This breach highlights the ongoing challenges in maintaining data security, especially in today’s centralized storage systems.

Go to Source

Go to Source

Famous for its favorable business climate that has attracted hundreds of crypto companies, Switzerland is now expanding its financial regulatory framework. Some of the upcoming rules will increase oversight in the blockchain industry in compliance with new international standards regarding operations with digital assets. Also read: With New Regulations, Europe’s Crypto Companies May Be Running […]

The post Swiss Financial Watchdog Proposes $1,000 Client Identification Threshold for Crypto Transactions appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Niquid Tech today announced the release of a new version of TokenGen, the company’s proprietary ICO automation tool. The new update features a re-structure of the pricing model, more specifically, a free basic plan. Previously, the company added a KYC solution by integrating TokenGen to work with the Civic decentralized identity ecosystem, available to projects using the Whitelistable Fundraiser feature.

The post PR: Tokengen Makes Creating and Automating ICOs Free appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

These are very interesting times for the cryptocurrency industry as a whole. Some big changes loom ahead which need to be overcome in quick succession. The first change will require virtually all cryptocurrency exchanges to verify all users’ identities if they are sending or receiving over $1,000 in assets. Ending Anonymous Transactions Anyone who has used a cryptocurrency exchange in this day and age will be familiar with user identity verification procedures. Known as KYC, it is a very common method already employed by nearly all self-respecting cryptocurrency trading platforms around the world. Those who do not utilize this method

The post 4 Potential Outcomes of the new FATF Rules for Cryptocurrency Service Providers appeared first on The Merkle Hash.

Go to Source

Powered by WPeMatico

Hong Kong-based cryptocurrency exchange Okex is enforcing tightened identity verification procedures. Daily withdrawal limits will soon depend on the KYC level passed by its users. The changes will apply to customers of Okex’s partnering platforms as well. Also read: Report: North Korea to Hold a Crypto Conference Withdrawal Limits to Depend On the Level of […]

The post Crypto Exchange Okex Introduces Stricter KYC Rules appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

In today’s edition of Bitcoin in Brief we cover stories about John McAfee refusing to acknowledge his “unhackable” wallet has been hacked after tinkerers were able to install Doom on the device, Coinbase wanting to become a verified identity service, and more. Also Read: Bitwise Launches Three New Cryptocurrency Market Index Funds McAfee Refuses to […]

The post The Daily: McAfee’s “Unhackable” Wallet Is Doomed, Coinbase Wants to Be Your ID appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Telegram has been testing a new service that will store users’ information and documents for verification purposes, according to Russian media reports. Telegram Passport will be used to keep personal details and copies of IDs, banking statements, and utility bills to identify users on Telegram’s blockchain platform TON.  Also read: After Telegram, Viber May Be […]

The post Telegram Reportedly Testing Service to Store Data for Identity Verification appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico