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The Many Facts Pointing to John Nash Being Satoshi Nakamoto
27.10.2020
Six years ago, a number of theories spread across the internet that claimed the famed American economist and mathematician John Forbes Nash Jr. was Satoshi Nakamoto. There’s a bunch of circumstantial evidence that has invoked some research into the possibility that Nash could have been...
Kevin Hart Learns Bitcoin Is a Legit Investment, Not ‘Voodoo Money’ in an All-Star Telethon
26.10.2020
Popular actor Kevin Hart gave bitcoin a boost this weekend during an all-star telethon to benefit the Muscular Dystrophy Association (MDA). Hart told viewers that cryptocurrency is a legitimate investment right after he called it “voodoo money.” Kevin Hart Shouts Out About Bitcoin...
Roll Raises Another $1M to Make Money Social
26.10.2020
Personal token platform Roll is announcing the raise of $1 million from Fabric Ventures, IOSG, William Mougayar and others
Abra CEO's portfolio is 50% Bitcoin as cash is 'becoming worthless'
26.10.2020
Abra's CEO purportedly increased his holdings prior to Bitcoin touching new 2020 highs
US Government Agencies Propose Changes to Funds Transfer Rules-Seek to Broaden Definition of Money to Include Cryptocurrencies
25.10.2020
The U.S. Federal Reserve Board and Fincen are seeking feedback on their proposal to lower the threshold at which financial institutions must collect and retain information on funds transfers. In their joint notice on the rule change proposal, the two U.S. agencies want a new threshold...
Governments Can't Cancel Pandemic Debt By Printing More Money
23.10.2020
Ananish Chaudhuri is the Professor of Behavioural and Experimental Economics at the University of Auckland.
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With the government borrowing heavily to fund its pandemic response and recovery, it has been suggested it could simply cancel its debt by printing more money. That sounds like...
Mastermind of Alleged Billion Dollar Spanish Pyramid Scheme Arrested, Faces 16 Year Prison Sentence
23.10.2020
The CEO of Arbistar the Spanish investment company, Santiago Fuentes, has been arrested and arraigned on charges of fraud, belonging to a criminal organization and money laundering. Fuentes, who has been in hiding since September, was arrested at one of his properties in the south of Tenerife....
US Moves to Cast a Wider Net for Catching Money Launderers, Crypto or Otherwise
23.10.2020
The Fed and the Financial Crimes Enforcement Network want to lower the threshold for reporting financial transactions and make sure crypto is included
Money Reimagined: ‘They Starve.’ The Ugly Side to the US’s KYC-AML Obsession
23.10.2020
Laws like the Bank Secrecy Act, which turns 50 this week, have helped stop money laundering and terrorism. But KYC and AML requirements have served to harm the world's neediest through higher costs and reduced services
Bitcoin price hits new record high in these 7 countries
22.10.2020
Bitcoin price hits a new record high in seven national currencies of 500 million people
Bitmex Fast-Tracks KYC Program as Regulators Tighten Screws on Anti-Money Laundering Rules
22.10.2020
Bitmex said Wednesday that it is fast-tracking its user verification program in order to comply with regulatory requirements. Users must now be fully verified by Nov. 5, 2020 “to continue trading on the platform,” it said. In a statement, the crypto derivatives exchange stated that...
BitMEX Accelerates Mandatory ID Verification After Charges of Lax Anti-Money Laundering Controls
21.10.2020
The exchange moved deadline for identity verification from Feb. 2021 to Nov. 2020
Bitcoin Proponents Bemoan Joe Biden’s Proposed Capital Gains Hike
20.10.2020
The U.S. presidential election is only 14 days away, and a number of bitcoin proponents have been discussing the capital gains tax implications Joe Biden plans to invoke if he wins the American presidency. According to Biden’s plan, capital gains will be raised from 21% to 39.6% for certain...
US Financial Watchdog Fines Bitcoin Mixer Service for $60 Million
20.10.2020
Larry Dean Harmon, founder and operator of early bitcoin mixing services Helix and Coin Ninja, is being fined $60 million by the U.S. Treasury’s Financial Crimes Enforcement Network (Fincen) for allegedly violating anti-money laundering rules. According to documents published Oct. 19...
New Zealand has no imminent plans to issue CBDC, says central bank exec
20.10.2020
Important questions about CBDCs remain unanswered for the Kiwi's central bank
Here’s How Big-spending Chinese Firms Use their Blockchain R&D Money
20.10.2020
A new study of how Chinese firms have been making use of the millions of dollars they have injected into blockchain technology has found that companies are prioritizing government-related developments and financial sector solutions.
The report, published by Securities Daily (via East Money), looked...
US financial watchdog fines early Bitcoin mixer $60M for money laundering
19.10.2020
FinCEN has fined the operator of early crypto mixers Helix and Coin Ninja for Bank Secrecy Act violations
Vinnik trial for extortion and Bitcoin money laundering begins in Paris
19.10.2020
The Russian national linked to the laundering of $4 billion of Bitcoin stolen during the Mt. Gox hack is finally in court
Peter Schiff’s Euro Pacific Bank Under Investigation by Tax Authorities in 5 Countries
19.10.2020
Euro Pacific Bank, founded by gold bug and bitcoin skeptic Peter Schiff, is reportedly under investigation by the tax authorities of five countries. The bank’s customers allegedly include several tax fraud masterminds and a Russian syndicate described by the FBI as the world’s worst...
FSB Report Says Stablecoins Promote Financial Inclusion: Urges Regulators to Tighten Laundering Controls
18.10.2020
The Financial Stability Board (FSB) says stablecoins have the potential to enhance the efficiency of the provision of financial services. The body adds that the hybrid cryptocurrencies have the potential to bring efficiencies to payments (including cross-border payments) as well as to promote...