Bitcoin ATMs Face Tighter Regulations Over Money Laundering
The global regulatory landscape is tightening for crypto ATM operators. Go to Source Powered by WPeMatico
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Russia Leads Global BTC Trading on LocalBitcoins for 2nd Month in a Row
Russia tops global Bitcoin trading on P2P exchange LocalBitcoins amid local crypto regulation uncertainty. Go to Source Powered by WPeMatico
US Investors in Tezos’ 2017 ICO May Be Eligible for $25M Settlement
With the class-action lawsuit against Tezos likely to soon end in a $25 million settlement, ICO participants are encouraged to submit claims by Oct. 16, 2020. Go to Source Powered by WPeMatico
$1.4B in Crypto Stolen in First Five Months of 2020, Says CipherTrace
Researchers say 2020 is on track to become a record-breaking year for cryptocurrency-related thefts, hacks and fraud. Go to Source Powered by WPeMatico
US Government Puts Out $5 Million Bounty for Petro Supervisor
The U.S. government issued a $5 million bounty to the supervisor of the Petro, but court documents suggest that crypto has little to do with alleged sanction evasion schemes. Go to Source Powered by WPeMatico
Cryptocurrency Firms Now Recognized as Money Service Businesses in Canada
From today onwards, Canadian firms operating with virtual currencies will be legally recognized as Money Service Businesses. Go to Source Powered by WPeMatico
Venezuela Raises Petrol Prices, Mandates Support for Petro at Gas Stations
Venezuelan petrol stations now support the state-issued Petro cryptocurrencies, however, the rollout comes amid an aggressive adjustment to the country’s petrol regime. Go to Source Powered by WPeMatico
Japanese Finance Minister May be Opposed to Lowering Tax on Crypto
Taro Aso might not be willing to support legislation in Japan treating cryptocurrency-related income the same as that for stocks. Go to Source Powered by WPeMatico
Exclusive: Binance Korea to Integrate Coinfirm Real-time AML Monitoring
Binance Korea will be using an anti-money laundering solution developed by Coinfirm, as the country requires a high level of regulatory compliance for crypto. Go to Source Powered by WPeMatico
Failing Monetary Policy Boosts BreadWallet’s Popularity in Venezuela, Says CEO
The co-founder of pioneering crypto wallet BRD attributes his company’s Venezuelan success to local demand for crypto driven by failing monetary policy. Go to Source Powered by WPeMatico