PYMNTS

JANUARY 26, 2021

Bitcoin gets all the headlines. But step beyond bitcoin and enter the world of cryptocurrencies approaching mainstream acceptance. At present, he said, a number of factors have inhibited the adoption of bitcoin as a transactional currency, including the fact that it’s expensive and can be very slow.

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PYMNTS

DECEMBER 21, 2020

with money laundering, fraudulent banking and computer fraud, Reuters reported. “It The exchange froze all withdrawals after noticing that large amounts of bitcoin, Ether, Ethereum Classic, XRP, Tether and Zcash were leaving the platform’s hot wallets. 16), in the first blockchain-supported bank guarantee in Russia.

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PYMNTS

DECEMBER 1, 2020

Bitcoin saw a new all-time record high on Monday (Nov. Bitcoin’s price has been steadily rising in recent weeks, climbing above $19,000 last week , thanks to the pandemic-driven shift toward digital payments and cryptocurrency adoption by several mainstream companies, including Square and PayPal. Eastern Time.

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PYMNTS

OCTOBER 12, 2020

The round was led by Blockchain Capital, Standard Crypto, Blockchain.com Ventures and more. The money will be used to help Aave expand into the Asian market, and help it achieve more institutional adoption. Aave , an Ethereum-based loan protocol, has raised $25 million in a funding round, according to a report from Crypto News.

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PYMNTS

MAY 20, 2020

Is now the prime time for blockchain ? As COVID-19 has disrupted supply chains worldwide, Brian Behlendorf , executive director of Hyperledger , told Karen Webster that the pandemic has spurred a shift in thinking about new use cases for permissioned blockchains. The Emerging Use Cases.

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PYMNTS

JANUARY 30, 2020

Zermatt, a ski resort town of 5,400 residents in Switzerland, has decreed that cryptocurrency bitcoin can now be utilized to pay taxes and other government services, Bloomberg reported. Mayor Romy Biner-Hauser confirmed that her residents can now pay for an array of traditional government services using bitcoin.

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PYMNTS

JULY 2, 2019

Dutch ministers have revealed plans to regulate cryptocurrencies in order to prevent money laundering in the country. The city hopes that the plan will revive the local economy, as well as secure Busan’s position as a leader in blockchain. Crime cannot pay.

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PYMNTS

APRIL 29, 2019

The Chinese government is backing the construction of a “blockchain city” in the shipping lane of the Malaysian Malacca Strait. Our company is using cutting-edge blockchain technologies and integrating those into the traditional industry to make Malaysia a world-class tourist destination. Only the first 12,000 have my image on it.

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The Fintech Times

JANUARY 12, 2024

The US has become the ninth country to approve a spot Bitcoin exchange-traded-fund (ETF) following the Security and Exchange Commission ‘s (SEC) latest announcement. On 10 January 2024, the US regulator approved the listing and trading of a number of spot bitcoin exchange-traded product (ETP) shares. ” Hester M.

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PYMNTS

NOVEMBER 10, 2020

Scan the headlines over the past few weeks and cryptos, well beyond the marquee bitcoin, are making inroads into mainstream consumer and business activities. Square bought $50 million of bitcoin. Crypto has been held up by critics as a conduit to fraud and money laundering.

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PYMNTS

OCTOBER 7, 2020

With transactions that become irreversible almost instantaneously, bitcoin and other cryptocurrencies are winning new converts — among scammers eager to avoid credit card chargebacks that can eat into their ill-gotten gains. Jack Dorsey Likes Bitcoin, But So Do Crooks . The Dark Web Likes Bitcoin, Too . For example, the U.S.

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CB Insights

SEPTEMBER 7, 2021

Blockchain companies raised more venture capital and private equity funding in H1’21 than any full year in history. download our best of blockchain research. download our best of blockchain research. But blockchain’s potential extends well beyond crypto and NFTs. First name. Company name. Phone number.

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PYMNTS

JUNE 6, 2019

Dutch billionaire John de Mol, who created the reality TV program “Big Brother,” is suing Facebook for allowing fake ads which used his name and image to commit bitcoin-related fraud that swindled 1.7 In other news, Vancouver’s mayor is suggesting the ban of bitcoin ATMs, as the city’s police called them an “ideal money laundering vehicle.”.

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PYMNTS

JANUARY 26, 2021

Signal is exploring the idea of adding cryptocurrency payments into its messaging app by integrating MobileCoin , a cryptocurrency supported by the Stellar blockchain, Platformer reported. MobileCoin complements the privacy-focused app in that it is “more resistant to surveillance,” according to a 2017 Wired report.

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PYMNTS

JANUARY 10, 2020

On another note, Illinois has become the most recent state to recognize blockchain-based records, including smart contracts, as legal, according to CoinDesk. Illinois’s Blockchain Technology Act went into effect on Jan. In other news, blockchain compliance startup Securrency has received $17.65

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PYMNTS

NOVEMBER 8, 2020

Arif Amiri , chief executive officer of DIFC Authority, said the addition of Ripple would help both organizations “advance the use of blockchain in Dubai, UAE and the region, and accelerate the Emirates Blockchain Strategy 2021,” according to the release. He said it would be more positive with more financial aid.

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PYMNTS

SEPTEMBER 15, 2020

Blockchain will be encouraged by the federal government, which is not enthusiastic about digital currency trading, according to two unnamed sources in the report. Moreover, the federal administration's think tank is looking into potential cases where blockchain technology could be harnessed, the report stated. In other news, the U.S.

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PYMNTS

AUGUST 27, 2019

As reported by CoinTelegraph , Switzerland ’s Financial Market Supervisory Authority (FINMA) this week unveiled guidance on the regulatory requirements that govern payments done over blockchain. Separately, FINMA has approved banking licenses for the blockchain service firms Sygnum AG and SEBA Crypto AG. Securities Exchange and DLT.

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PYMNTS

AUGUST 18, 2020

Early this year, Binance said it bolstered resources to take a more in-depth look at the possible ways in which so-called Bulletproof Exchangers were laundering money via the digital currency market. The firm indicated that Bulletproof Exchangers are renowned for lax anti-money laundering (AML) and know-your-customer (KYC) procedures.

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PYMNTS

MAY 20, 2020

And now the fraudsters, increasingly, seem to be eyeing bitcoin, the marquee name in cryptocurrency, as coin of the realm across the dark web. It should be noted that the value of the activity rose, due in part for the price per bitcoin advancing through the period (thus the total number of transactions decreased).

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PYMNTS

SEPTEMBER 22, 2019

Two firms are teaming up to create a blockchain solution for the European shipping market. VAKT , a specialist in commodity post-trade processing via blockchain, revealed that it has signed a memorandum of understanding with essDOCS , a provider of paperless trade solutions, according to Coin Telegraph.

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PYMNTS

AUGUST 4, 2019

Cryptocurrency compliance company Elliptic has released the Elliptic Data Set, which aims to identify crypto transactions associated with money laundering. The research found that only 2 percent of the 200,000 bitcoin transactions in the data set were illicit, while 21 percent were identified as lawful.

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PYMNTS

JANUARY 25, 2019

Chainalysis unveiled an anti-money laundering (AML) compliance solution for stablecoins called Know Your Transaction (KYT), the company said in an announcement. In other news, Robinhood got the green light to trade seven digital currencies — such as bitcoin and litecoin, among others — in New York state, Reuters reported.

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PYMNTS

DECEMBER 4, 2019

But not bitcoin. Blockchain? But not bitcoin. The price of bitcoin, that marquee name in cryptocurrencies, has plummeted in the last several weeks, down roughly 20 percent at this writing to a recent $7,400, where the price had been more than $9,400 a month ago. For China: Digital currency, yes. The Roadmap.

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PYMNTS

FEBRUARY 26, 2019

federal law enforcement agencies have recovered $110,000 worth of stolen bitcoin, and returned it to cryptocurrency exchange Bitfinex. bitcoin — is just a small portion of the amount stolen by hackers in August 2016. A new world of tokenized assets and blockchain is coming. That amount — totaling 27.7

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PYMNTS

OCTOBER 26, 2020

million in discounted bitcoin in exchange for gift cards — an amount that a report from Arcane Research says is half Paxful's trade volume, Cointelgraph reports. Trade of bitcoin for gift cards, the report says, comes out to 48 percent of Paxful's revenue. On P2P marketplace Paxful , traders are selling up to $16.2 million.

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PYMNTS

JULY 12, 2019

The move comes after the Canadian government decided to ease up on some of its new anti-money laundering regulations due to feedback from payment service providers and crypto exchanges. As a result, the platforms are now classified as money service businesses (MSBs).

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PYMNTS

MAY 2, 2019

Amazon Web Services (AWS) has launched its Amazon Managed Blockchain , a service that enables users to create and manage scalable blockchain networks. However, they find these frameworks difficult to install, configure and manage,” said Rahul Pathak, general manager of Amazon Managed Blockchain at AWS, in a press release.

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PYMNTS

APRIL 12, 2019

A new survey shows that most companies are not using blockchain technology. Stack Overflow’s annual developer survey asked around 48,175 developers about blockchain’s adoption within their organizations, with 80 percent saying they are not using the technology at this time. In addition, 12.7 In addition, 12.7

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PYMNTS

DECEMBER 22, 2019

Applicants must follow all AMF regulations, monitor and safeguard the assets raised and show they will obey anti-money laundering (AML) and terrorist financing laws. . Patent and Trademark Office (USPTO) to make its blockchain faster and safer, Coindesk reported. AMF’s approval does not means that it backs the company.

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PYMNTS

AUGUST 16, 2020

In addition, the Code of Practice makes a more standard approach to dealing with issues of money laundering and terrorism, the release stated, along with know your customer (KYC) best practices, and other issues important to crypto-asset and blockchain companies.

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PYMNTS

FEBRUARY 24, 2017

Is there an alternative, profound French phrase or two that can describe what investors have seen this week with bitcoin? Bitcoin is quickly headed toward fresh three-year highs after jumping up over $100 in value since last week’s tracker. 23) morning, bitcoin had broken $1,150 in value, reaching a high of $1,153.04.

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PYMNTS

JUNE 23, 2020

New Zealand police have frozen $90 million they say belongs to alleged bitcoin scammer Alexander Vinnik in what’s being called the country’s largest money seizure ever. It also claimed that all of those who hold tokens — FTH, GRP and NEU — “can be sure the platform will be maintained, all money and assets are safe.”

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PYMNTS

JULY 2, 2020

According to RenrenBit, Zhao has been released and is now assisting police in investigations on anti-fraud and anti-money laundering issues, CoinDesk reported. Salesforce co-founder and CNET founder Halsey Minor has a new project going — a public blockchain network with dollars baked in, CoinDesk reported.

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Authorization Blockchain Money Laundering Bitcoin 52

PYMNTS

AUGUST 26, 2019

The Swiss Financial Market Supervisory Authority (FINMA) has granted the first “banking and securities licenses” to two blockchain companies: SEBA Crypto AG and Sygnum AG. The firms will be the first registered in Switzerland as broker-dealers with a blockchain focus. When you go on Gemini it’s the quoted price there as well.

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Distributed Ledger Technology (DLT) Blockchain Bitcoin Money Laundering 43

Clearly Payments

MARCH 11, 2024

Cryptocurrency, such as Bitcoin, Ethereum, and others, operates on decentralized blockchain networks, enabling secure, peer-to-peer transactions without the need for intermediaries like banks or financial institutions. The burgeoning cryptocurrency sector presents significant opportunities for economic growth and job creation.

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PYMNTS

AUGUST 8, 2019

On another note, EZ365 unveiled a plan to roll out an ecosystem based on the blockchain that brings together a crypto casino, digital asset exchange, blockchain educational portal and eSports betting, VentureBeat reported. will roll out in September, and it is said to offer cryptocurrencies, such as stellar and bitcoin.

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