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The Dutch Central Bank, De Nederlandsche Bank, in order to regulate the crypto companies, wants them to obtain licenses in order to operate. As per an announcement in De Telegraaf, this process will not only enable us to detect money laundering issues but also monitor the usage of Cryptocurrency to fund terrorism. Also, there should […]
The crypto market once again failed to build on the recovery momentum as almost all the leading coins by market cap slid back into the losses. On December 9, the Bitcoin rallied from $3,400 level to close above the $3,600; however, it couldn’t be able to hold and was down by 4.59% to $3,474 at […]
The Securities and Exchange Commission’s (SEC) decision on VanEck’s bitcoin exchange-traded fund (ETF) or ETF application has been put on hold by the regulator until February 27, 2019. This step was made taking into account two considerations. One was because of the year-ending in a few weeks and another due to the bearish crypto market. […]
As per an official declaration on December 4, the Hyperledger Technical Steering Committee has affirmed the Ursa venture, a secluded cryptography programming library. The statement indicates that as Hyperledger has evolved, projects “have begun to discover a requirement for refined cryptographic implementations.” The post portrays Ursa as a move from having each project enabling its […]
G20 Countries have declared and jointly signed an agreement in Bueno Aires, whereby these countries promise to regulate cryptocurrency and combat its negative use for illegal activities like money laundering, financing terrorism in accordance with the regulations and standards of the Financial Action Task Force (FATF). According to Section 25 of the declaration forum, it […]
As per the Department of Justice report, thirty-year-old Jared Rice, the CEO of AriseBank was found guilty with respect to the misappropriation of $4 million funds. The funds were used for paying personal expenses such as hotels bills, foods, clothes, family attorney purpose, and guardian ad litem instead of investing it. Also, Jared Rice was […]
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