SEC Subpoenas Another Firm Following Claimed Blockchain Pivot

news VC Trade, the Japan-based crypto exchange launched by SBI Holdings last year, is integrating new technology to help it comply with international customer verification standards issued by the Financial Action Task Force (FATF) in June. The solution is provided by blockchain security company CoolBitX, which has developed a wallet product based on its know-your-customer (KYC)…

U.S. Senator Cynthia Lummis (R-Wy.), a number of crypto lobbying organizations and a group of professors called on a federal court to dismiss a Securities and Exchange Commission (SEC) lawsuit against crypto exchange Coinbase Friday.Filing amicus – or friend of the court – briefs, the organizations and lawmaker alleged the SEC was trying to exceed…

As technology continues to progress, a critical question surfaces: how can we build systems that empower individuals while safeguarding against misuse? The answer may lie in an emerging class of autonomous digital technology, commonly being referred to as “agents.” Agents are self-governing systems designed to operate independently, securely, and transparently on the Internet. Now, when

Financial inclusion and access to global finance has always been lacking in sub-Saharan Africa. Although gains have been made, as of 2021 only 55% of the population had a bank account, according to the World Bank. The problem is more acute in rural areas, where banks are few and far between. Mobile banking solutions that…

Aug 12, 2020 at 13:10 UTCUpdated Aug 12, 2020 at 13:21 UTCNew York Stock Exchange (f11photo/Shutterstock)A former New York Stock Exchange broker has pleaded not guilty to charges alleging involvement in a crypto trading scheme that defrauded over a hundred investors. Michael Ackerman was the chief trading officer at Q3 – an investment club that…

Jan 5, 2021 at 5:37 p.m. UTCU.S. Treasury Secretary Steven Mnuchin. (Shutterstock)Blockchain Bites: JPMorgan’s $146K BTC Target, Crypto Responds to US Treasury’s Proposed Wallet RuleHello. A late night interpretative letter from the Office of the Comptroller of the Currency (OCC), the U.S.’ federal banking regulator, saying banks can act as stablecoin nodes was the juice…

The digital assets industry's Fairshake PAC is chalking up three victories in this week's congressional primaries. Crypto spending has helped defeat a number of Sen. Elizabeth Warren's congressional allies, including prominent progressive Rep. Cori Bush in Missouri. Fairshake said it's securing advertising time in 18 general-election contests, where it'll spend $25 million on its picks

The crypto exchange is partnering with BCB Group to get instant GBP and euro settlement for its customers.BCB Group CEO Oliver von Landsberg-Sadie(BCB Group)Jan 18, 2021 at 3:00 p.m. UTCUpdated Jan 18, 2021 at 3:12 p.m. UTCHuobi Global Connects to European Banking System via UK’s BCB GroupRegulated crypto payment services firm BCB Group has partnered…

North Korea-linked hacker collective Lazarus Group was behind this month’s hack of crypto casino and betting platform Stake, according to the Federal Bureau of Investigation.In a statement released Wednesday, the FBI said Lazarus Group stole $41 million in various cryptocurrencies from Stake.com. It warned the public about the continuing threat that state sponsored hackers –