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EU Won’t Let Stablecoins Enter Its Market Until Risks Are Addressed
5.12.2019
No global stablecoin project should begin operations in the EU until the associated risks are addressed, EU authorities say in a new adopted statement
US Deputy Treasury Secretary: Crypto Raises Questions on Self-Government
22.11.2019
Digital currencies can shift some functions usually performed by the government to the private sector, the U.S. Deputy Treasury Secretary argued
Do Lawmakers Use AML as an Excuse to Centralize Crypto and Blockchain?
13.11.2019
Reports show that fiat currency is still the favorite choice for money laundering, with 2–5% of all transactions being illicit, yet regulators ferociously attack AML policies
FBI: Crypto Is A “Significant Problem That Will Get Bigger And Bigger”
7.11.2019
FBI director Christopher Wray said that cryptocurrencies present a significant and growing problem for the agency
Australia’s Minister Admonish Against the Misuse of Cryptocurrency in Terrorism
7.11.2019
The blockchain technology is seeing its days of glory because of its open to all ledger structure that transcends borders and renders many traditional financial schools either obsolete or has flipped them upside down. Technology has found its expression through cryptocurrency, the internet...
Australian Home Affairs Minister Says Terrorists Use Crypto to Obfuscate Crimes
7.11.2019
The Australian Minister of Home Affairs warned that terrorists are exploiting cryptocurrencies to “fund their deadly missions”
Germany Warns of Privacy Token Usage in Money Laundering and Terrorism
22.10.2019
German Finance Ministry urges oversight over the development of privacy tokens to prevent illicit usage
Bad for Business: How KYC/AML Makes Everyone a ‘Terrorist’
22.10.2019
Two reports from risk solutions group Lexisnexis assert that anti-money laundering (AML) and know your customer (KYC) policies can negatively affect a business’s bottom line and customer service significantly. A recent trip to the local post office for a money order certainly had a negative...
Rare Joint Statement From U.S. Regulators Proves Crypto Centralization Is Here
17.10.2019
The U.S. SEC, Fincen and CFTC issued a rare joint statement Friday addressing regulation of “activities involving digital assets.” Citing crypto’s perceived role in money laundering and terrorism, the regulatory power trio prescribed stricter adherence to anti-money laundering...
Iran Is Being Targeted for Economic Independence, Not Terrorism
22.9.2019
New, unprecedented economic sanctions have been imposed on Iran’s central bank after blame for a September 14 oil field attack was pinned on the nation by U.S. leaders. The sanctions blacklist the Iranian central bank and sovereign wealth fund, further severing the country’s already...
Government Hates Crypto Because It Empowers the People, Not Because It’s Used for Crime
10.9.2019
A recent article from MIT Technology Review has leveraged a somewhat sensationalist headline to stir up fear about bitcoin and crypto. The article, written about a “hidden” government weapon to be deployed against Bitcoin, references September 3 senate subcommittee testimony...
The White House Just Blamed Bitcoin for America’s Opiate Crisis
24.8.2019
The opioid epidemic is the new devil Bitcoin is being blamed for inflaming, to be added to the already long list of heinous crimes crypto is supposedly responsible for, like terrorism, money laundering, and trafficking. While it’s painfully clear that the U.S. dollar is a much more common...
Palestinian Civilians Are Using Bitcoin More Than Terrorists
22.8.2019
Terrorists are using bitcoin, but they aren't the only ones. Here's the real story about bitcoin usage in Palestine
US Secretary of State Wants to Regulate BTC Like Other E-Transactions
20.8.2019
U.S. Secretary of State Pompeo believes that Bitcoin should be regulated the same way as other electronic financial transactions
How They Will Attack Bitcoin: The Hypocritical Shock Campaign of US Monetary Policy
17.7.2019
On July 16, U.S. Department of the Treasury Secretary Steven Mnuchin gave a short press briefing discussing cryptocurrencies and the pressing need for regulation. A 28-minute slodge of alphabet agency soup, studded with calculated mentions of “terrorism” nearly every minute, casual...
Flowery V20 Talk and Government Terror: Why Darknet Crime Is the Least of Our Worries
1.7.2019
Governments and central banking regulatory bodies continue to express concern about crypto being used for criminal purposes and terror. The terror campaigns of these very same governments continue unabated, however. In the wake of the V20 summit it might seem that lawmakers actually care about...