Cryptocurrency

Cryptocurrency is a digital asset designed to work as a medium of exchange that uses strong cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of assets.

Source: en.wikipedia.org

FinCEN Head: FinTech Firms Must Follow AML Laws

FinCEN Head: FinTech Firms Must Follow AML Laws
FinCEN Head: FinTech Firms Must Follow AML Laws
October 22, 2019  |  AML

The head of the Financial Crimes Enforcement Network (FinCEN) has warned FinTech firms that they must abide by anti-money laundering (AML) laws. Get the Full...

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Former Fed Nominee Moore Announces New Stablecoin
Former Fed Nominee Moore Announces New Stablecoin
October 21, 2019  |  Cryptocurrency

Economist Stephen Moore, who recently lost out on a bid to join the board of the Federal Reserve, is looking to launch his own cryptocurrency...

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Facebook Continues Libra Push Despite Major Setbacks
Facebook Continues Libra Push Despite Major Setbacks
October 21, 2019  |  Cryptocurrency

Libra, Facebook’s cryptocurrency plan, is moving forward despite being “mocked” by regulators and losing key investors like Visa and Mastercard, The New York Times reported on...

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HTC Rolls Out More Affordable Bitcoin-Friendly Smartphone
HTC Rolls Out More Affordable Bitcoin-Friendly Smartphone
October 21, 2019  |  Blockchain

Smartphone maker HTC has launched a new entry-level phone aimed at cryptocurrency users, TechCrunch reported on Monday (Oct. 21).  Get the Full Story Complete the...

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Marcus Says Libra Could Be Based On Real Currencies
Marcus Says Libra Could Be Based On Real Currencies
October 20, 2019  |  Cryptocurrency

David Marcus, CEO of Facebook’s wallet service Calibra, said that Libra could use national currency-pegged stablecoins like a dollar stablecoin, rather than the synthetic one...

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JPMC’s Dimon Calls Libra A ‘Neat Idea’ That Will ‘Never Materialize’
JPMC’s Dimon Calls Libra A ‘Neat Idea’ That Will ‘Never Materialize’
October 18, 2019  |  Cryptocurrency

Jamie Dimon, CEO of JPMorgan Chase & Co, said that Facebook’s proposed cryptocurrency, Libra, is “ … a neat idea that’ll never happen,” according to...

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Bitcoin’s Murky Trail Across Dark Web Gets Some Light
Bitcoin’s Murky Trail Across Dark Web Gets Some Light
October 18, 2019  |  Cryptocurrency

Proponents of cryptos tout anonymity, the fact that digital coin transactions are hard to trace, and that blockchain allows for transactions to occur pretty much...

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FATF Warns Crypto Could Hamper AML Efforts
FATF Warns Crypto Could Hamper AML Efforts
October 18, 2019  |  Cryptocurrency

The Financial Action Task Force (FATF) said it is worried about “stablecoins,” like Facebook’s Libra, and how they could be used for illicit purposes. Get...

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German Finance Minister Says Libra Should Be Stopped
German Finance Minister Says Libra Should Be Stopped
October 18, 2019  |  Cryptocurrency

Olaf Scholz, Germany’s finance minister, reiterated his opposition to Facebook on Friday (Oct. 18), and said that the release of the cryptocurrency should be prevented....

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