The publicly-listed cryptocurrency firm Coinbase announced the launch of a collaborative effort called TRUST (Travel Rule Universal Solution Technology).” The plan is described as an “industry-driven solution” developed to comply with the Financial Action Task Force (FATF) Travel Rule. There are currently 18 crypto firms that have joined TRUST so far, and the collaborative effort is […]
The US Securities and Exchange Commission (SEC) has reportedly launched an investigation into the crypto exchange giant Binance’s US arm regarding trading firms connected to Binance CEO Changpeng Zhao. According to a recent report from the Wall Street Journal, the SEC is looking into the relationship between Binance.US and trading firms Sigma Chain AG and […]
Every year since 2017, blockchain analysis company Chainalysis publishes a report focusing on money laundering and illicit transactions going through the cryptocurrency ecosystem.
SWEEEPING REFORMS AND EFFECT ON STABLE COINS (The Digital Assets Market Structure and Investor Protection Bill.) The sweeping legal reforms and the down-under solution The “Digital Asset Market Structure and Investor Protection Bill” seeks to prohibit stable coins. Proposed US Code section 5104(a) provides that “no person may issue, use or permit to be used […]
A former employee has admitted to the charge of stealing over $170,000 worth of crypto from the now-defunct New Zealand-based currency exchange Cryptopia.
@Ishan PandeyIshan PandeyCrypto Veteran. Tokenization, DeFi and Security Tokens - Blockchain.Ishan Pandey: Hi Rossen, welcome to our series “Behind the BigTech.” Please tell...
TL;DR Breakdown Exchange in Korea delists altcoin to meet regulatory requirements Why exchange have to delist altcoins Crypto exchange firms in South Korea have been engaging in mas delisting of altcoins to enable them meet requirements to partner with banks in the country. Many crypto exchanges in the country have begun the delisting process months […]