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‘Who Holds All the Bitcoin’ List Debunked — Without Cryptographic Proof No BTC Ownership Claim Holds Water
27.9.2021
A web portal that displays a list of alleged owners of all the bitcoin in the world has been shared a great deal since China cracked down on crypto trading last week. The web portal claims that the Chinese government owns 194,775 bitcoin that reportedly stem from the Plustoken crypto scam....
Ethereum Foundation backs Spruce’s vision for decentralized identity verification
14.9.2021
Spruce hopes its Ethereum-powered sign-in system can offer a decentralized alternative to the data-harvesting identity services offered by tech giants
All Binance users are now subject to immediate KYC verification
20.8.2021
The crypto exchange will limit services for existing users unless they adhere to the new KYC and AML requirements
Australia and Singapore conclude digital verification blockchain pilot
19.8.2021
A nine-month blockchain initiative assessing the cost and time efficiency of the two countries' digital verification systems has been deemed a success
Buda Exchange Starts Requesting Selfie Verification for Withdrawals to New Bitcoin Addresses
2.8.2021
Buda, a Chile-based cryptocurrency exchange, has started requesting selfie verification every time a user needs to withdraw funds to a new bitcoin address. This new measure now introduces a new layer of security for users to avoid getting their accounts hacked, but it will only be mandatory...
Revised Bill ‘On Virtual Assets’ Aims to Regulate Ukraine’s Crypto Space This Summer
20.6.2021
The Ukrainian parliament has released an updated version of the draft law “On Virtual Assets.” The revised bill requires exchanges to obtain government authorization, disclose their ownership and implement mandatory KYC procedures. The document has been criticized by regulators in Kyiv...
Dutch Central Bank Revokes Strict Verification Rules for Crypto Exchanges
21.5.2021
The cryptocurrency industry in the Netherlands has won a small but significant battle. The country’s central bank has canceled some excessive verification procedures that it imposed on crypto service providers last fall. The move comes after a local exchange took the matter to court....
Dutch Central Bank Forced To Scrap Crypto Wallet Verification Requirement
21.5.2021
In a landmark decision for the country’s crypto industry, a court order obtained by Dutch bitcoin (BTC) exchange Bitonic has succeeded in forcing De Nederlandsche Bank (DNB) to scrap its controversial wallet verification requirement.
The company contested the measure at a Rotterdam court, claiming...
Thailand’s New Cryptocurrency Regulation Requires Users to Be Physically Present to Open Accounts
4.5.2021
The Thai government has reportedly imposed a new cryptocurrency requirement. Crypto exchanges will be required to verify users’ identities using a machine that requires the customers to be physically present. Thailand’s New Crypto Rules The Thai Anti-Money Laundering Office (Amlo)...
Oracle Service API3 Partners With the Open Banking Project, Plans to Connect 400 Banking APIs to Blockchain
20.4.2021
On Monday, the oracle provider API3 announced a ten-year partnership with the Open Bank Project in order to connect more than 400 banking APIs to blockchain smart contracts using API3’s Airnode. The collaboration between API3 and the Open Bank Project aims to bridge conventional banking with...
Central Bank of Nigeria Blocks Fintech Startups From Accessing KYC Service— Decision Described as an ‘Attack on All Fintechs’
12.4.2021
The Central Bank of Nigeria (CBN) has recently suspended the provision of the bank validation number (BVN) service to all fintech and third-party partners. The decision means non-banks entities include crypto startups “have lost one of the most comprehensive means of identity verification...
A Group of Crypto Proponents Burned an Original Banksy ‘Morons’ Print and Turned It Into an NFT
4.3.2021
Original artwork crafted by the pseudonymous England-based street artist and political activist Banksy has been burned in order to turn the art into a non-fungible token (NFT). The screenprint was one of only 500 made and was authenticated by Banksy’s verification company Pest Control....
Cyber Criminals Are Now Hiding Their Stolen Cryptos 13x Faster, Says Report
26.2.2021
A new report unveiled a growing trend of efforts from cybercriminals hiding their stolen cryptocurrencies through different transaction flows. Crystal Blockchain pointed out that since 2019, the volume of stolen bitcoin grew significantly. Only 8% of the Funds Were Transferred to Exchanges With...
Dutch Bitcoin Exchange Files Preliminary Injunction to Suspend Wallet Verification Rule Enacted by the Netherlands
29.1.2021
A Dutch bitcoin (BTC) exchange has filed a preliminary injunction at a court in Rotterdam to suspend the central bank’s additional wallet-verification requirements. Bitonic seeks to challenge the new rules enacted by the De Nederlandsche Bank (DNB) on Sept. 21, 2020. Dutch Exchange Argues...
Bitcoin Overtakes Ethereum, BNB Valuation, BitMEX Completes Verification + More news
7.1.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Bitcoin (BTC) has outperformed Ethereum (ETH) in terms of the daily transferred value, reaching USD 14.58bn per day, compared...
Waves Enterprise partners with Ontology to fix blockchain e-voting
16.12.2020
Waves Enterprise and Ontology aim to solve one of the biggest challenges of digital voting — user authentication and identification
LayerX will develop blockchain-based voting system using digital ID verification in Japan
7.12.2020
“Voting over the Internet presents more challenges, such as preventing double voting, technical hurdles to keep ballots secret, and the cost of voting devices."
Australia and Singapore to Trial ‘Paperless’ Trade Using Blockchain Technology
25.11.2020
Australia's border agency will trial blockchain solutions aimed at simplifying cross-border trade with Singapore
New Dutch Law: Clients Must Explain Why They Want To Buy Bitcoin
19.11.2020
Netherlands-based crypto exchanges are now required by law to get additional information from clients regarding their bitcoin addresses. As part of the new requirements, which went into effect on Nov. 17, clients must now furnish exchanges with reasons why they wish to buy bitcoin. They will also...
In-person Verification at Canada Post
19.11.2020
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
If you’re one of the people who really hate the idea of scanning and uploading your identity verification documents online, you will be glad to know that there is a viable alternative.
Thanks to MyBTC.ca, you...