Regtech: Taiwan’s CoolBitX, a Blockchain Security Firm, Secures $16.75 Million in Funding via Round Led By SBI Holdings by Omar Faridi

Former Chainalysis Chief Technical Counsel Joins FinCEN as Deputy Director

Michael Mosier has joined the Financial Crimes Enforcement Network (FinCEN) as its new Deputy Director and Digital Innovation Officer. FinCEN is part of the US Department of Treasury. Mosier will be FinCEN’s first Digital Innovation Officer helping the agency to adapt to the fast-changing world… Read More

Crypto Powwow: FinCEN and Others Meet to Discuss Virtual Assets

Last week, 50 senior officials convened in Paris to discuss “global issues surrounding virtual assets.” Participants included FinCEN, part of the US Department of Treasury, as well as the Financial Intelligence Unit Germany, France’s Tracfin, and other FATF countries. Virtual asset experts from the Financial… Read More

G20 Issues Joint Statement, Questions Big Tech in Fintech, Urges Implementation of FATF Rules for Virtual Assets

Yesterday, the G20 issued a joint communique outlining shared goals for the group of the larget 20 economies in the world. The actual event is being hosted by Saudi Arabia with meetings ongoing. The document, embedded below, recognized the value of “digitalization of the economy”… Read More

Over 3.1 Billion Cryptocurrency Transactions Were Conducted Across 24 Different Blockchain Networks in Past Decade: Report

Over 3.1 billion digital currency transactions were conducted across more than 20 different blockchain-based platforms during the past decade, according to a firm that monitors the Ethereum transaction mempool.  The research, carried out by San Francisco-headquartered Blocknative, a company that provides real-time updates on blockchain… Read More

Crypto.com Launches Onboarding Platform For Pay Checkout Merchants

Hong Kong-based cryptocurrency platform Crypto.com announced on Tuesday the launch of its new onboarding platform for merchants to sign up for the Crypto.com Pay Checkout service. Crypto.com reported that through the Crypto.com Pay Checkout, online merchants may offer their customers the option to pay with… Read More

Coinbase Claims Multi-Billion Dollar EOS Blockchain Network Is Experiencing “Degraded Performance”

San Francisco-based crypto-asset exchange Coinbase claims that EOS, one of the largest blockchain platforms for building decentralized applications (dApps), is experiencing serious technical issues. Coinbase’s management released a status update on February 20, noting that the EOS network has “degraded performance.” It added that  “sends… Read More

First Ever Crypto-Native Bank, Avanti, to Launch Next Year, Will Provide Bridge to US Fed for Payments and Custody for “BIG Institutional Money,” Caitlin Long Reveals

Caitlin Long, a 22-year Wall Street veteran who is now actively involved in helping the US state of Wyoming adopt blockchain or distributed ledger technology (DLT) (playing a key role in assisting the state in enacting 13 blockchain-related laws), is setting up the very first… Read More

Mainstream Adoption of Digital Currencies Is Still Many Years Away: JPMorgan Blockchain and DLT Report

A recent report published by JPMorgan Chase, the world’s sixth-largest bank with around $2.5 trillion in assets, indicates that present blockchain and distributed ledger tech (DLT) developments are laying the groundwork for issuing digital currency, however, mainstream adoption of virtual money might still be many… Read More

NBA and NFL Say Non-Fungible Tokens, or NFTs, have A Lot Of Potential, Offer a “New Way for Fans to Connect With Games”

Adrienne O’Keeffe, associate VP of partnerships at the National Basketball Association (NBA), and Sophie Gage, counsel at the National Football League (NFL) Player’s Association, recently took part in a panel discussion during which they talked about the potential value of blockchain or distributed ledger tech… Read More

Crypto Advocate Tim Draper Sees Bitcoin as a Safe Haven

Tim Draper, a billionaire VC and crypto advocate, was interviewed on CNBC today. Draper shared that he has been out of the market for about 6 months and, alternatively, invested in crypto including Bitcoin, an asset class he views as a safe-haven of sorts. The… Read More

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