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Tag: KYC

Currency.com Accused of Exploiting KYC to Withhold Customer Funds

Know Your Customer (KYC) and Know Your Transaction (KYT) are ostensibly deployed by exchanges to combat money laundering. In practice,...

Countries Buckle Up as FATF’s Travel Rule Deadline Approaches

The Financial Action Task Force (FATF) published its travel rule last June, in which it proposed a means through which cryptocurrency exchanges and...

Crypto ATM Company Coinsource Earned A Serious Income Boost in 2019

It looks like bitcoin ATMs are becoming far more popular. Companies like Coinsource, which provides bitcoin ATMs to regions throughout the U.S., claims...

Does Blockstack Really Have 1 Million Verified Users?

Blockstack PBC announced on Jan. 29 the completion of its “Milestone II” that unlocked $6.8 million from its 2017 initial coin offering. The...

Reddit Is No Longer a Huge Agent of Bitcoin

The Reddit r/bitcoin forum doesn’t seem to be mentioning the bitcoin price much, these days.Reddit Isn’t Helping BTC Much, AnymoreThe bitcoin subreddit has...

Bangladesh Bank Signs up for Ripple Cryptocurrency Services

Feb 14, 2020 at 12:03 // News Commercial banks in Bangladesh have embraced the Ripple financial solution in a...

Cryptocurrencies In The United States

Cryptocurrencies seem to fit into the USA perfectly – yet the country appears to be reluctant to the idea of decentralized money.  The topic...

Crypto Gamers Spent $1 Million on Virtual Land This Week

Crypto has long been considered a natural fit for gaming and virtual property exchanges. This use case for...

Treasury Secretary Confirms Impending Crypto Crackdown in Senate Hearing

Last year, at the peak of 2019’s crypto mania when Bitcoin was trading up 300% in four months, Steven Mnuchin, the Secretary of...

Wells Fargo Invests $5M in Startup Connecting Crypto Exchanges and Banks

Banking giant Wells Fargo is backing blockchain forensics firm Elliptic.Announced Thursday, the fresh $5 million from Wells Fargo Strategic Capital (WFSC) brings Elliptic’s...

The Importance of A Bitcoin Mixer – TechBullion

Launched in 2009, Bitcoin is currently the most valuable cryptocurrency in the...

She Pulled Off World’s Biggest Crypto Scam, Stole Rs 28,500 Crore With Fake ‘OneCoin’

Remember the crazy spike in Bitcoin's valuation during 2016-2017 and how it completely changed the way people looked at cryptocurrency, and how everyone...

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