Customers Bank to strengthen AML compliance after Fed scrutiny

Kraken is planning to take legal action against security firm CertiK as the "white hat" operation by security firm turns into a legal blunder.

In contrast with traditional domains stored on behalf of users by custodians like Google Domains, .crypto domains are stored in crypto wallets. 3990 Total views 29 Total shares Major privacy-focused browser Brave is the latest browser to integrate support for decentralized domains by blockchain domain name provider Unstoppable Domains.Brave announced Thursday that its browser now…

India’s Enforcement Directorate, which investigates financial crime, has frozen WazirX bank accounts while it looks at transfers from instant loan companies to international wallets. 301 Total views 27 Total shares India’s Enforcement Directorate (ED), the agency responsible for financial crimes, is looking at cryptocurrency exchanges suspected of processing transactions that sent more than 10 billion…

Turkey has established the country’s first university-level blockchain center, aiming to close the blockchain expertise gap and ensure wide deployment of the technology, local news outlet Daily Sabah reported August 3. The Istanbul Blockchain and Innovation Center (BlockchainIST Center) was inaugurated at Bahçeşehir University (BAU). According to the center’s director Bora Erdamar, BlockchainIST is set…

The approval of a petition in Switzerland allowing FTX Europe AG's sale would be in accordance with U.S. bankruptcy court, where FTX's global business filed for Chapter 11. 85 Total views 3 Total shares Own this piece of history Collect this article as an NFTAccording to bankruptcy cryptocurrency exchange FTX, a court in Switzerland has…

The Conservative Party is expected to decide between Rishi Sunak and LizaTruss as the next party leader by Sept. 5, at which point Johnson will officially step down 560 Total views 31 Total shares Rishi Sunak, the former chancellor of the Exchequer, and Liz Truss, Secretary of State for Foreign, Commonwealth and Development Affairs, two…

Binance plans to “wind down” all services in Singapore by Feb. 13, 2022. Users are no longer allowed to deposit cryptocurrencies or fiat on the Binance.sg platform. 507 Total views 26 Total shares Crypto exchange Binance has withdrawn its license application for pursuing digital payment token (DPT) services in Singapore. Starting today, Binance.sg has stopped…

Real-world tokenized assets returned an average of roughly 213% this year, making the sector one of the highest-performing in the industry.

Despite whether the defendant sees the court notice, getting served by NFT ‘limits what the defendant’ can do with the funds according to legal experts. 462 Total views 3 Total shares Own this piece of history Collect this article as an NFTNon-fungible tokens (NFTs) are becoming an increasingly popular solution to serving defendants in blockchain-based…