When Crypto Meets Compliance: Is Blockchain Ready For Enterprise?
In our current environment, cybersecurity concerns are greater than ever. The Covid-19 disruption and subsequent shifts made by organizations to navigate this changed reality opened the door to new IT risks and sustained cyberattacks.
Revolut to give clients legal ownership of cryptocurrencies
Revolut said its customers will obtain full control of their cryptocurrency assets from 27 July 2020. However, holders of cryptocurrencies will only be able to other Revolut account holders. The digital coins currently traded by Revolut include Bitcoin, Etherium, Bitcoin Cash and XRP.
Revolut to give clients legal ownership of cryptocurrencies
Revolut, the digital or “challenger” bank, has announced a modification to its terms to allow customers beneficial ownership of their cryptocurrency portfolios.
How governments can leverage policy and blockchain technology to stunt public corruption
Worldwide, governments devote an estimated $9.5 trillion each year to public procurement – an average of approximately 15% of national GDP. The problem is almost universal.
Bitcoin set to 'soar in value' this year, says deVere chief
Bitcoin – already one of the year’s best-performing assets – is likely to “soar in value” this year with central banks’ money printing agendas and a spike in public interest, the CEO of deVere Group said this morning.
Singapore state investor Temasek joins Libra, Facebook’s digital currency project
The global Facebook-backed digital currency project Libra has a new supporter: Singapore state investor Temasek Holdings.
Crypto Startup School: A new type of computer drives waves of innovation
Crypto Startup School brought together 45 participants from around the U.S. and overseas in a seven-week course to learn how to build crypto companies. Andreessen Horowitz is partnering with TechCrunch to release the online version of the course over the next few weeks.
FalconX raises $17M to power its crypto trading service
Over the last few weeks, all eyes in the crypto world have been glued to the halving, a nigh-religious moment in the blockchain realm. Every once in a while, the amount of new bitcoin mined — distributed to miners, the folks with fleets of computers powering bitcoin’s database, or blockchain — is cut in half. Why does that matter?
Bitcoin 'halving' prompts initial fall against dollar
Halving is written into Bitcoin’s code and takes place roughly every four years, or with every 210,000 blocks underwritten on the encrypted blockchain ledger.
Telegram abandons its TON blockchain platform
Messaging service Telegram said on Tuesday it is abandoning its blockchain platform Telegram Open Network (TON) after a lengthy battle with the U.S. Securities and Exchange Commission (SEC).
Bitcoin 'halving' prompts initial fall against dollar
Bitcoin underwent its third scheduled “halving” yesterday as the value of the rewards paid to the cryptocurrency’s miners was reduced from 12.5 to 6.25.
Malta's regulator publishes list of unlicensed digital currency firms
The Malta Financial Services Agency (MFSA) has published a list detailing 57 fintech and cryptocurrency companies that have failed to secure a licence by virtue of not completing the regulatory process.
India lifts ban on cryptocurrencies trading
The Supreme Court delivered its decision this Wednesday after hearing the petition challenging the RBI’s decision to ban the Cryptocurrency trade in India.
India lifts ban on cryptocurrencies trading
The Supreme Court has revoked the Reserve Bank of India (RBI) circular banning cryptocurrencies in banking transactions, ending a nearly two-year legal battle to get the virtual currencies reinstated in the country.
Eastern Caribbean should consider digital currency: IMF
The International Monetary Fund (IMF) has said the Eastern Caribbean should consider a common digital currency across the region to boost resources.