When societies discuss cryptocurrencies, the argument that the decentralized and unregulated nature of the crypto space leaves the door open to abuse, like money laundering and financial fraud, is often put forward by officials and authorities.
A Spanish blockchain company will develop blockchain solutions for the Aragonese government’s public administration
Bitcoin Processes More Transaction Value Than Visa, Says Latest Report OracleTimes Full coverage
The Ukrainian parliament is considering a bill, which would introduce a tax regime on cryptocurrencies at five percent and increase to 18 percent in 2024
Bitcoin Appetite: Nasdaq is Acquiring Crypto-Friendly Swedish Exchange Cinnober CCN Full coverage
This week Dutch authorities revealed to the public that the Netherlands’ largest financial services provider, ING, had violated numerous money laundering laws because they didn’t scrutinize unusual transactions and certain accounts.
Ripple official: China to overtake USA in Fintech investments, become a global leader in finance AMBCrypto Full coverage
Chinese fintech firms keen on overseas opportunities CGTN (press release) Full coverage
According to Business Insider’s Frank Chaparro, sources close to Citibank revealed that the $175 billion New York-based bank will offer crypto custody solutions to institutional investors. Through the launch of a product called Digital Asset Receipt (DAR), Citigroup will enable institutional investors to invest in cryptocurrencies in a fully insured and regulated manner.