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French-Austrian Collaboration on Blockchain Forensics Instrument to Enhance Cryptocurrency AML

The Austrian Institute of Technology (AIT) and the French cybersecurity firm Nigma Conseil have partnered to develop a new blockchain forensics tool. The two companies have signed a deal to strengthen their collaboration to work on e-Nigma, a proposed compliance tool designed to fight against crypto and financial crime. AIT is the largest research and tech … Continue reading French-Austrian Collaboration on Blockchain Forensics Instrument to Enhance Cryptocurrency AML

G20 Leaders Demand Digital Tax By End of 2020, US Minister Maintains Current Proposal is Discriminatory

The Group of 20 met in Riyadh last weekend with senior officials expressing alarm at the delay in plans to implement new digital taxes on American technology companies. The New York Times reported on Feb. 22, that after two years of economic fallout from a trade war, leaders of the G20 feel that if a deal … Continue reading G20 Leaders Demand Digital Tax By End of 2020, US Minister Maintains Current Proposal is Discriminatory

US SEC Shoots Down Latest Bitcoin ETF, Commissioner Crypto-Mom Dissents on Ruling

The US Securities and Exchange Commission (SEC) has rejected yet another bid for a bitcoin-based exchange-traded fund (ETF), this time from New York-based financial service providers, Wilshire Phoenix. A filing posted on Feb. 26 revealed that the SEC had concluded that Wilshire Phoenix had not provided enough evidence that the bitcoin market was resistant to market … Continue reading US SEC Shoots Down Latest Bitcoin ETF, Commissioner Crypto-Mom Dissents on Ruling

Virgin Galactic CEO Rejects Coronavirus Bitcoin Bull Theory as “Idiotic”

Virgin Galactic CEO, Chamath Palihapitiya has dismissed the notion that the disruption to traditional markets caused by the coronavirus will serve as the catalyst for a major Bitcoin and cryptocurrency bull run. Appearing on CNBC’s Squawk Box, Palihapitiya discussed the intrinsic value of bitcoin, stating that everybody would benefit from staking as little as “1% of their … Continue reading Virgin Galactic CEO Rejects Coronavirus Bitcoin Bull Theory as “Idiotic”

Australian Judge Allows Plaintiff to Use Bitcoin as Collateral Bond

In Australia, a New South Wales (NSW) court has allowed a cryptocurrency exchange account to be used as a collateral bond for legal costs. The NSW District Court, hearing a defamation claim, was asked to force a plaintiff to put $20,000 into a court-controlled bank account. The amount would cover some of the defendant’s expected legal costs, should … Continue reading Australian Judge Allows Plaintiff to Use Bitcoin as Collateral Bond

Line’s Singapore Crypto Exchange Relaunched as US-based Bitfront

Line, the Japanese messaging service has closed its Singapore-based cryptocurrency exchange and relaunched the exchange service globally from a United States-based platform. The team from Bitbox released a notice on Feb.27, announcing that the exchange will be launched from the U.S under the new name BitFront. Effective Immediately BitFront is operated by LVC USA, the U.S. … Continue reading Line’s Singapore Crypto Exchange Relaunched as US-based Bitfront

Mashreq Bank and DIFC Launch First KYC Blockchain Platform in UAE

Dubai International Financial Centre (DIFC) and Mashreq Bank announced the launch of the region’s first blockchain data-sharing platform which went live on March 1. The initiative, known as Know Your Customer (KYC), supports licensed businesses and corporations when opening digital bank accounts by leveraging blockchain to allow instant identity verification. According to the publication, the new … Continue reading Mashreq Bank and DIFC Launch First KYC Blockchain Platform in UAE

CEX.IO Founder: US and UK Investors Expect Bitcoin to Serve as Hedge Against Currency Depreciation

Exclusive Interview with Oleksandr Lutskevych, CEO & Founder, CEX.IO Oleksandr Lutskevych is the founder and CEO at CEX.IO LTD, a successful London-based group of companies, including CEX.IO Bitcoin Exchange. Established in 2013, CEX.IO is a multi-functional regulated cryptocurrency exchange registered as a Money Business Service (MSB) by the US regulator FinCEN. CEX.IO is trusted by … Continue reading CEX.IO Founder: US and UK Investors Expect Bitcoin to Serve as Hedge Against Currency Depreciation

Blockchain Startup Agriledger Launches Ecosystem of Transparency and Opportunity For Haitian Farmers

UK Tech Startup, Agriledger has launched a blockchain ecosystem for Haitian farmers to add transparency to the supply chain and create fairer product pricing for suppliers and retailers. As reported by Spring Wise on Feb. 28, Agriledger’s system offers farmers in Haiti access to global markets and banks. The system fosters trust on both sides of the … Continue reading Blockchain Startup Agriledger Launches Ecosystem of Transparency and Opportunity For Haitian Farmers

World's First National Digital Currency to Be Built on Algorand

The Republic of the Marshall Islands (RMI) has revealed that the blockchain for the world’s first sovereign digital currency will be built using Algorand’s technology. Plans for the Marshallese Sovereign (SOV)were first announced in February 2018 following a vote by the nation’s parliament in favour of proceeding with the plan. Regulation and Supply SFB Technologies is the … Continue reading World's First National Digital Currency to Be Built on Algorand

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