The list includes patents in the financial technology industry, including patents related to securities, business transactions, financial instruments, financial and transactional security and cryptography. #1 US Patent No. US 11,270,276 (State Farm) Title: SYSTEMS AND METHODS FOR BLOCKCHAIN-BASED PAYMENTS Inventor/Assignee: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY Abstract: Methods and systems for processing a blockchain comprising […]
Welcome, Cryptonauts. It looks like It’s everybody’s favourite time of year again: Tax season. 🥳 🙄 It is no secret that tax reporting can be complex, especially for crypto holders, as trying to navigate the constantly changing crypto tax landscape with a lack of a structured taxation framework is an administrative nightmare. Luckily, with the […]
CEX.IO was launched in 2013 in London and initially operated both as a Bitcoin exchange and cloud mining service. At one stage its mining pool, known as Ghash.io, was one of the largest on the Bitcoin network, holding 42% of total mining power of the Bitcoin network. However, in January 2015 the website closed its [...]
The EU bill to regulate crypto removed language that would have effectively banned mining, sending crypto markets up, while equities fell amid tensions with Russia
A new task force set up by the U.S. Department of Justice (DOJ), KleptoCapture, will also target cryptocurrency exchanges. Financial institutions, banks, money transmission services, and crypto exchanges that allow Russian oligarchs to move money “will be in the crosshairs of this investigation.” DOJ’s KleptoCapture Task Force Will Take ‘Broader View’ A new Department of […]
Estonia is making ready to implement a set of recent anti-money laundering guidelines that may stiffen necessities for crypto corporations working underneath Estonian license. The modifications come amid considerations that Russia might use crypto to evade western sanctions and an ongoing audit of the Baltic nation’s AML insurance policies. Government of Estonia Creates Stricter Regulatory […]
The United Kingdom’s Financial Conduct Authority (FCA) says all currently operating crypto ATMs in the country are to be shut down immediately. The FCA notes in a new warning on Thursday that no crypto asset firms in the UK have been approved to offer crypto ATM services. Digital asset ATMs need to be registered and […]