G20 To Focus On Crypto AML, ‘Too Stringent Regulations’ Not Good, Says Japanese Gov’t Official
Japan to encourage discussion of a common crypto AML strategy during the upcoming G20 summit. #NEWS Go to Source Powered by WPeMatico
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Mt. Gox Soap Opera Continues: Karpeles Released on Bail, Shadow Companies, and Whale Dumps
Mt. Gox Mark Karpeles’ release on bail has produced a new radio program examining the historic hack and heist, but is also raising questions about sister exchanges such as BTC-e and their role in laundering stolen bitcoin. If all that wasn’t enough, a Gox trustee decided to dump over 400 million USD in bitcoin core … Read more
1200 Australian New Agencies Are Selling Fractions of Crypto
Cryptocurrency enthusiasts from Australia now have the ability to purchase the digital assets bitcoin core (BTC) and ethereum (ETH) via regional 1,200 news agencies. Newsagents are using the idea to help declining interest in newspaper and magazines. Also Read: Australian High School to Host Information Night on Cryptocurrencies Australians Can Now Buy Cryptocurrencies With 1,200 News … Read more
Dutch Bank That Once Called Bitcoin ‘High Risk’ Considers Building Crypto-Wallet
A Dutch multinational financial provider, Rabobank has announced the possible introduction of a ‘cryptocurrency wallet’ tethered to the company’s banking services. The news follows the bank’s recent ‘high risk’ profiling of account holders that participated in bitcoin trading. Also Read: Israeli Supreme Court Forbids Bank From Denying Service to Bitcoin Exchange Rabobank Investigates the Idea of … Read more
British Man in Amsterdam Allegedly Laundered €11.5m in Bitcoin Drug Money
A UK man living in Amsterdam is facing up to five years in prison for allegedly helping people by exchanging fiat cash for bitcoin which was used to buy drugs. He supposedly started by growing cannabis himself but soon found the bitcoin business to be more profitable by itself. Also Read: US Navy Investigators … Read more
BitPay Payment Processor Begins Enforcing Ban On Prohibited Activities On Its Platform
BitPay begins enforcing earlier ban on explicit content and “prohibited activities”. #NEWS Go to Source Powered by WPeMatico
Japanese Police Reveal 669 Money Laundering Cases Tied to Local Exchanges
Just recently Japanese investigators revealed they had obtained 669 reports concerning “suspected money laundering” tied to cryptocurrency transactions and domestic digital currency trading platforms. The linked data was derived from investigations spurred by the recent transaction reporting statutes licensed exchanges are required to follow. Also read: Bitcoin Is Finding Its Way into High Schools Japanese Police … Read more
Austrian Finance Minister Considers Pan-EU Crypto Regulation Based On Rules For Gold
Austria is considering EU-wide crypto regulations based on the trading rules for gold and derivatives #NEWS Go to Source Powered by WPeMatico
Japan: Only 0.16% Of 2017 Money Laundering Reports Came From Crypto Exchanges
A tiny percent of Japan’s money laundering reports came from cryptocurrency exchanges in 2017. #NEWS Go to Source Powered by WPeMatico
US Federal Authorities Arrest Man for Selling 9.99 Bitcoin
If you are thinking about selling bitcoin for cash inside the Unites States to people you don’t know, caution is advised. A reminder to stay alert for undercover government agents who might try to entrap you has been served by a recent California case. Also Read: Cryptocurrency Regulator Found Dead at His Home in South … Read more
