OpenVASP Initiative: Consortium Expects to Coordinate Solution to Travel Rule with FATF by JD Alois

Final Judgement: VERI ICO Ordered to Pay $9.5 Million Penalty for Violation of Securities Law

The Securities and Exchange Commission (SEC) has announced the final judgment in regards to the Veri initial coin offering (ICO) which was deemed to be sales of unregistered securities. Veritaseum, Inc. and Veritaseum, LLC  along with Reginald Middleton have been ordered to pay a $9.5… Read More

Crypto Leaders Propose Protocol to Comply with FATF Requirements on VASPs

In the midst of the Blockshow Asia Conference crypto industry representatives have announced a movement create an open protocol designed to comply with FATF  demands impacting VASPs or Virtual Asset Service Providers. According to a release, representatives of the Swiss-based Crypto Valley Association (CVA), International Digital… Read More

“Unknown Fund” Pledges $75 Million in Bitcoin for Development of Anonymizing Technologies, Including Cryptocurrencies

An anonymous group that met on 4Chan has announced it will contribute $75 million in Bitcoins to an “Unknown Fund” for the development of anonymizing technologies, including cryptocurrencies: “The anonymous organisation Unknown Fund has announced that it intends to invest and donate $75 million in… Read More

PayPal Stops Supporting Pornhub. Is This Crypto’s Seminal Moment?

Popular free pornography site PornHub has announced in a blog post that payments giant PayPal has stopped servicing payments to over 100 000 porn performers who sell extras through the site. According to PornHub: “We are all devastated by PayPal’s decision to stop payouts to… Read More

Coinbase Card Now Supports Five New Assets & Ten New Countries

Cryptocurrency exchange platform Coinbase announced on Thursday its Coinbase Card now supports five new assets and ten new countries. According to Coinbase, the card is now available in a total of 29 countries, with customers in Bulgaria, Croatia, Denmark, Hungary, Iceland, Liechtenstein, Norway, Poland, Romania,… Read More

Two Young SIM-Swap Hackers Charged in Massachusetts

Two young men from Massachusetts have been charged in an 11-count indictment for crimes relating to the theft of over $550,000 USD in cryptocurrencies from, “at least 10 identified victims.” Eric Meiggs, 21, and Declan Harrington, 20, allegedly executed the thefts via SIM-swap attacks, a… Read More

The International Securities Services Association Publishes Paper on Crypto-Assets, Makes Recommendations Regarding Issuance & Trading

The International Securities Services Association (ISSA), a Switzerland based association that promotes best practices in the securities sector, has added their voice to the emerging digital asset or crypto-asset sector. This includes security tokens, payment tokens (cryptocurrencies, stablecoins etc.) and utility tokens. In October 2018,… Read More

Institutional Trading Service IPC Adds Cryptocurrency Feature in Partnership with ZoozBit: Create Your Own ETF

IPC, a secure trading and communications network for financial institutions, is adding a cryptocurrency platform through which IPC customers can create their own cryptocurrency Exchange-Traded Funds (ETFs). The new feature is via a partnership with ZoozBit. IPC has been anchored in the more traditional securities… Read More

Crypto Hardware Wallet Maker Ledger’s Vault Secures $150 Million Crime Insurance Policy

Ledger, the developer of security and infrastructure solutions for crypto-assets, announced on November 14 that it had acquired a crime insurance policy that covers digital assets. According to a press release shared with Crowdfund Insider, users’ assets will be secured by the Ledger Vault platform…. Read More

Blockchain Data Analytics Firm Messari Raises $4 Million via Round Led by Uncorked Capital, Coinbase Ventures, Others

Uncork Capital, a seed-stage VC firm, led a $4 million investment round for blockchain analytics company Messari. Coinbase Ventures, the venture capital arm of San Francisco-based crypto exchange Coinbase, also took part in Messari’s latest funding round. Messari’s management confirmed on November 13 that it… Read More

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