Research: Majority of EU, US Exchanges and Wallets Fail to KYC Users
More than two thirds of the leading cryptocurrency exchanges and wallet providers on both sides of the Atlantic fail to conduct proper identity verification checks. According to new research into their onboarding practices, most of the studied platforms do not meet the requirements of the upcoming regulations under the updated EU anti-money laundering directive. Also … Read more
Money20/20: Central Bank Execs Conclude Crypto Is No Threat to Fiat, Yet
As long as central banks are doing their jobs, crypto won’t replace them anytime soon, said an executive at Swiss National Bank during Money20/20 today Go to Source Powered by WPeMatico
Police Forces Bust Alleged “New Age Cryptocurrency” Scam in India
Police in the Indian city of Thane have raided the offices of an alleged multi-million cryptocurrency scam on Monday. According to its promoters, Money Trade Coin (MTC) “provides a safer, more secure and superior alternative of storing wealth in the form of digital currency, to investors as well as commoners.” Investigators, however, accuse it of … Read more
World’s Largest Crypto Exchange Binance Invests in Blockchain-Based Esports Platform
Binance will invest in blockchain-based esports voting platform chiliZ to promote “mainstream adoption” globally Go to Source Powered by WPeMatico
US: Gov’t Telecoms Agency Seeks Feedback on Blockchain for Its International Agenda
U.S. National Telecommunications and Information Administration plans to “increase focus” on blockchain tech Go to Source Powered by WPeMatico
Twitch Streamers Can Now Tip With Four Cryptocurrencies
Users of the popular video game streaming application Twitch can now tip each other using a variety of cryptocurrencies. The integration is made possible by a firm called Streamlabs who have built a protocol that can send tips through a user’s Coinbase account. Also Read: Decentralized Exchange Compendium ‘Index’ Lists Over 200 Dex Platforms Twitch Users … Read more
Vietnam’s Finance Ministry Proposes Temporary Ban on Crypto Mining Hardware Imports
With record numbers of crypto mining hardware imports, Vietnam’s Ministry of Finance has proposed a temporary blanket ban, local media reports Go to Source Powered by WPeMatico
Samsung Unveils Blockchain Platform to ‘Enhance Competitiveness’ of Finance Businesses
Samsung launches blockchain platform Nexfinance to help finance businesses Go to Source Powered by WPeMatico
Volkswagen to Partner Blockchain-based Startup for Developing Automotive Applications
Volkswagen grants a high-tech project €15,000 for joint development of blockchain-based applications this year #SPONSORED Go to Source Powered by WPeMatico