The rise of community-oriented blockchain security companies may be making it more difficult for alleged bad actors to get away without a trace. Early Wednesday, CertiK issued a community alert regard...
Tag: firms
China Tells Banks, State Firms to Report Exposure to Jack Ma’s Ant
(Bloomberg) — Chinese authorities told the nation’s biggest state-owned firms and banks to start a fresh round of checks on their financial exposure and other links to Ant Group Co., renewing sc...
New AML requirements for crypto firms laid off by Italy
Crypto forms’ new AML requirements waived off by Italy Registration and reporting requirement established for Virtual Asset and Service providers The plan does not align with EU’s passport license ...
Alliance of 18 crypto firms rolls out the industry standard for Travel Rule compliance
Coinbase, along with 17 other crypto firms, recently launched a ‘Travel Rule Universal Solution Technology’ (TRUST), a platform that will enable the group of well-established US companies to achieve c...
18 Major Crypto Firms Join Forces to Stop Money Laundering
Some major crypto exchanges and custody companies gathered to launch the Travel Rule Universal Solution Technology, also called TRUST. Announced by Coinbase, this “industry-driven” solution is develop...
Cabital Introduces Secure Fiat On And Off-Ramp Solution For Crypto Firms Dubbed Cabital Connect
Cabital, a leading digital assets institution, has announced the launch of Cabital Connect, a secure fiat on-ramp and off-ramp gateway for cryptocurrency exchanges that require a simple and easy solut...
Coinbase and 17 Other Crypto Firms Launch ‘Travel Rule Universal Solution Technology’ – Regulation Bitcoin News
On Wednesday, the publicly-listed cryptocurrency firm Coinbase announced the launch of a collaborative effort called TRUST, which stands for “Travel Rule Universal Solution Technology.” The plan is de...
US Lawmakers Press Bitcoin Mining Firms on Energy Usage, Carbon Emissions, Climate Crisis – Coinotizia
Eight U.S. lawmakers, including Senator Elizabeth Warren, have sent letters to top U.S.-based bitcoin mining firms questioning them about their crypto mining operations. “The extraordinarily high ener...
Coalition of US crypto firms unveils travel rule compliance platform, TRUST
A coalition of some of the US’s largest crypto firms is rolling out a solution to heightened anti-money laundering standards. The so-called Travel Rule Universal Solution Technology, or “T...
SEC Is Investigating Trading Firms Linked to Binance Founder: Report
The U.S. Securities and Exchange Commission is looking into the connection between cryptocurrency exchange Binance US and two trading firms linked to Binance founder Changpeng “CZ” Zhao—Si...
Oman Invites Bids From Firms Interested in Creating Regulatory Framework for Virtual Assets – Coinotizia
Authorities in the Middle Eastern state of Oman have asked specialized companies, interested in helping the country set up a regulatory framework for virtual assets, to submit their proposals. Interes...
Israel seeks precise and clear laws to allure crypto firms
Crypto firms are facing significant hits from governments around the globe. Notably, China has already prohibited crypto firms from operating in the region. Simultaneously, several other nations are a...
Bitcoin (BTC) Network Activity Surges Amid Crypto Market Shakiness, According to Analytics Firms
Multiple analytics firms say that despite shaky market conditions, the network activity on Bitcoin (BTC) is surging. Crypto insights firm Santiment notes on Twitter that Bitcoin’s daily active address...
UK May Boot Almost 100 Crypto Firms as Anti-Money Laundering Deadline Approaches
With almost 100 digital money firms actually trusting that endorsement will work in the U.K. as a March 31 cutoff time draws near It appears to be probable that the Financial Conduct Authority (FCA) ...
The average savings account pays 0.06%. Earn more at these 8 financial firms
Looking for high-interest savings? These accounts pay more than average. Getty Images/iStockphoto The national average interest rate for savings accounts is a lowly 0.06%, according to Bankrate’s Febr...
Farmville Creator Zynga to Launch NFT Games, Says Gaming Firm’s Blockchain Lead – Blockchain Bitcoin News
American social game developer Zynga has plans to launch non-fungible token (NFT) games in the near future. Zynga’s vice president of blockchain, Matt Wolf, told the press that the company is lookin...
Valkyrie Bitcoin Miners ETF Managers Bullish on Green Firms as Fund Begins Trading
“We believe that companies that are focusing on more renewable energy sources are going to win in the end,” as alternative energy sources such as hydro-electric, solar and natural gas will be able to ...
Crypto firms face cliff-edge in UK as time ticks down for AML approval
The fate of the ability for 96 crypto firms to operate in the UK hangs in the balance, as new data highlights a backlog of anti-money laundering applications that must be dealt with by the Financial C...
Infinity Ventures Crypto Raises $70 Million Funding Seed to Empower web3 and DeFi Firms
Infinity Ventures Crypto, a Taipei-based Web 3 investor, announced on Tuesday that it has raised $70 million from investment firms, including Circle, Digital Currency Group (DCG) and Animoca Brands. I...
FCA Asks Financial Firms to Drop Synthetic LIBOR for Robust Alternative
On Wednesday, the UK’s Financial Conduct Authority, along with the Bank of England and a Working Group, has asked the financial companies that are using synthetic LIBOR to adopt a permanent and robust...
Singapore records 13x increase in crypto firms
TL; DR Breakdown Singapore sees a 13x surge in crypto investments The country is encouraging small startups Regulators are clamping down on the crypto sector Crypto and firms in the sector have contin...
Crypto firms to Form Coalitions by Promoting Market Integrity, against Market Manipulation
Crypto firms, convened by risk monitoring software firm Solidus Labs, are establishing a coalition to combat market manipulation with an effort to win for trust in the mass nascent digital asset indus...
Polygon Raises $450M from Venture Capital Firms Led by Sequoia
Ethereum-based Layer-2 protocol, Polygon, has raised $450 million in a private token sale that marks the most significant funding round for the firm which was founded in 2017. Polygon occupies a very...
17 Crypto Firms Form a Market Integrity Coalition Aimed at Bolstering a Sensibly-Regulated Industry – Bitcoin News
On February 7, 2022, a group of 17 digital asset companies revealed they formed an organization called the Crypto Market Integrity Coalition (CMIC). The well-known firms include crypto companies like ...
Major crypto firms and groups form coalition aimed at promoting ‘market integrity’
Several cryptocurrency exchanges and advocacy groups across different countries have banded together to form a coalition intended to fight market manipulation. In a Monday announcement, market surveil...
Venezuelan Parliament Hit Local Firms With 20% Crypto Transaction Tax
After the Venezuelan parliament approved a law aimed at reducing inflationary pressure on the struggling fiat bolivar, certain crypto and foreign currency transactions would be taxed at up to 20%. Ven...
Crypto Firms Launch Coalition to Crack Down on Market Manipulation
A group of cryptocurrency companies, including stablecoin provider Circle, Anchorage Digital, and crypto exchange Huobi Global has launched a coalition to crack down on crypto market manipulation, per...
Vast DOJ Probe Looks at Almost 30 Short-Selling Firms and Allies
(Bloomberg) — The Justice Department is collecting a trove of information on dozens of investment firms and researchers engaged in short selling as part of a sweeping U.S. hunt for potential tra...
Grayscale Launches Future of Finance ETF, Tracking Crypto & Fintech Firms
The world’s largest crypto asset manager has launched a new exchange-traded fund that tracks the leading companies in the world of payments and finance. Grayscale Investments LLC launched its Future o...
Will Law Firms Accept Cryptocurrency Payments
Nowadays, you can purchase several services and products with your cryptocurrencies. This includes event tickets, college degrees, food, drinks, cars, and so much more. Since the popularity of these...
Grayscale rolls out an ETF that tracks shares of firms involved with BTC
Leading crypto asset management firm Grayscale Investments has rolled out an exchange-traded fund (ETF) that comprises shares of 22 public companies that are deeply vested in the crypto space. A repor...