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Poloniex Restores Unverified Accounts With Unlimited Trading


In times of mounting pressure on crypto companies to comply with expanding due diligence requirements, Poloniex has taken a step in the opposite direction. The exchange is lifting restrictions that applied to unverified users in response to customer demand. New and current accounts will enjoy...

European AML Directive Pushes Crypto Startup Bottle Pay Out of Business


Bottle Pay, a cryptocurrency payments provider from the U.K., has announced its decision to cease operations by the end of the year. Despite attracting some serious funding and expanding its user base significantly in the past few months, the company has found it unacceptable to continue to work...

NY Regulator Proposes Relaxing New Coin Listing Requirements


The New York State Department of Financial Services, the Bitlicense regulator, has published a proposed framework for licensed companies seeking to list new coins. This is the first time the regulator has proposed changes to its crypto regulation in five years. Among the changes, licensees will...

Hong Kong Now Offers Opt-In Regulation to Crypto Exchanges


Hong Kong’s Securities and Futures Commission has established a new regulatory framework that allows crypto exchanges to opt-in to be licensed and regulated. Starting Wednesday, centralized trading platforms can apply for a license, providing they meet certain requirements including adequate...

23 Central Banks Divulge Their Digital Currency Requirements


Twenty-three leading central banks participated in an in-depth survey on their digital currency developments and requirements, including fungibility, convertibility, and availability. They also discussed the timeframe for issuing consumer-ready central bank digital currencies and divulged their...

4 Cryptocurrency Projects That Successfully Changed Chains


Choosing the right blockchain is a tough call for any development team. It’s a decision that entails correctly anticipating project requirements – scalability; speed; community; security – before a line of code has even been written. It’s no wonder that a project...

FATF Starts Checking How Well Countries Implement Crypto Standards


The Financial Action Task Force (FATF) has agreed on how it will assess whether countries have taken the necessary steps to implement the crypto-related requirements. “Given the global nature of the virtual asset industry, it is essential that countries implement these requirements...

Traders Bemoan New Localbitcoins Identity Requirements


Recent data shows that countries with corrupt governments have a strong correlation with Localbitcoins trade volumes. However, even though the over-the-counter (OTC) marketplace Localbitcoins has grown massive over the years, traders are complaining about heightened know-your-customer/anti-money...

Model-Based Testing in React with State Machines


Testing applications is crucially important to ensuring that the code is error-free and the logic requirements are met. However, writing tests manually is tedious and prone to human bias and error. Furthermore, maintenance can be a nightmare, especially when features are added or business logic...

Ranking methodology updated! New metric coming soon


Next Monday (Sep 2, 2019), we will be announcing a change in our ranking methodology to ensure cryptoassets will have fairer representation in the ranking when comparing across all cryptoassets. Previously, we announced an expanded methodology that detailed the requirements […] The post...

PR: Plan Flash – Decentralized Data Processing


Data processing is indispensable everywhere and all the time in modern life. The daily services we use every day, such as face recognition, voice assistant, text recognition, automatic recommendation, automatic data analysis and so on, all have a large number of data processing requirements...

EU Members Adopt Tougher Crypto Rules Than AML Directive Requires


Europe is gradually tightening the rules for the crypto space. A wave of new regulations are introducing stricter requirements for companies operating in the industry and cryptocurrency users are going to feel the difference in the coming months. The measures stem from the obligation of member...

PR: New FATF Rules See VASP Industry Convene for V20 Summit


As the Financial Action Task Force (FATF) prepares to roll out a new set of rules to increase reporting requirements on cryptocurrency transactions at the G20 Leaders’ Summit this month, a collective of international industry associations have led an initiative to convene Virtual Assets Service...

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