Wells Fargo Joins Elliptic’s Series B Investment Round
Wells Fargo invests in crypto compliance firm Elliptic Go to Source Powered by WPeMatico
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‘Full Transparency Not Ideal for Cryptocurrency’ Says Chainalysis Exec
Major global crypto AML service provider Chainalysis does not support full transparency in crypto despite not being able to track all privacy coins Go to Source Powered by WPeMatico
You Can Privately Cash out Bitcoin on These P2P Exchanges – for a Premium
Using P2P exchanges to cash out bitcoin provides privacy, but it comes with a premium – a price premium, to be precise. Whether you’re buying or selling crypto on these semi-decentralized platforms, be prepared to take a hit on the market price. If you’re planning to sell bitcoin on the leading peer-to-peer platforms, here’s what … Read more
A Call for Sensible Regulation: The Fate of Future Innovation in India
The Indian crypto community holds its breath awaiting the Supreme Court’s decision Go to Source Powered by WPeMatico
Should They Stay or Should They Go? Crypto Firms in the EU Must Decide
Crypto industry experts weigh in on the state of the EU’s regulatory climate Go to Source Powered by WPeMatico
FinCen: Social Media Crypto Projects Can’t Ignore Money Laundering Risk
The deputy director of FinCen says social media platforms should have the same AML compliance responsibilities as traditional financial actors Go to Source Powered by WPeMatico
There’s No Such Thing as Tainted Bitcoins
All bitcoins are created equal. But in the eyes of blockchain forensics firms, some bitcoins are more equal than others. If these companies are to be believed, coins that have been used in criminal transactions are ‘tainted,’ destined to be forever linked with nefarious activity. The reality, however, is far different, for ‘taint’ is solely … Read more
LocalBitcoins Quietly Suspends Accounts in Multiple Regions Without Notice
Finnish LocalBitcoins silently suspends user accounts in multiple countries, reportedly citing an “enhanced due diligence process” initiated by the EU’s 5AMLD Go to Source Powered by WPeMatico
Localcryptos Lets You Cash Out BTC P2P – Minus the KYC
If you’ve ever had a sudden need for fiat while all in crypto, you’ll understand the difficulty of cashing out without KYC-ing away your identity and that of your unborn children. Localbitcoins is now an AML hellhole, Bisq is great if you’re happy to wait two days for a trade, which leaves what exactly? Localcryptos.com. … Read more
Ukraine to Block Crypto Wallets for Illicit Funds, Finance Minister Says
Ukrainian authorities will be able to “block crypto wallets” in order to seize illegally obtained assets, a notice from the country’s Ministry of Finance says Go to Source Powered by WPeMatico