Trump vows to make US 'world capital of crypto,' taps Musk for new task force

Taiwan’s legislature has passed amendments to existing anti-money laundering (AML) and counter terrorism financing (CFT) laws to place new requirements on crypto exchanges. The development was reported by FocusTaiwan, the English language news website of Taiwan's national news agency, on Nov. 2.Under the new changes to Taiwan’s Money Laundering Control Act and Terrorism Financing Prevention…

As corporate finance leaders prepare to set sail into the post-COVID-19 world amid inflation storm warnings, an increasing number of corporations are taking stock of their treasury reserve holdings. If the worst happens, and the dollar and other reserve currencies weaken, are they sure that all their balance-sheet cash is lashed down securely?It surely hasn’t…

Specifically, the ECB will consider crypto firms’ business models, internal governance, and “fit and proper” assessments which apply to licensing other companies. 397 Total views 12 Total shares The European Central Bank, or ECB, laid the foundation for the criteria it would be considering when harmonizing the licensing requirements for crypto in Europe.In a Wednesday…

Ethereum co-founder Vitalik Buterin has seen the value of his personal ETH stash soar over 700% in a single year. 1497 Total views 7 Total shares With Ether surpassing its $1,428 all-time high, Buterin is close to re-joining the class of crypto owners who hold $500 million or more in cryptocurrency. At the current ETH…

Tracking cryptocurrency transactions is getting easier for law enforcement agencies. On Oct. 16, Cointelegraph reported on how authorities in the United States successfully shut down an international child pornography site. To identify the criminals, the investigators used tools developed by analytic company Chainalysis, which helped to track the Bitcoin (BTC) wallets, used by the criminals to…

Private orders consume more than 50% of gas used on Ethereum, according to Blocknative.

Norwegian salmon producer Kvarøy Arctic has joined the IBM Food Trust to increase transparency and help prevent fraud in the seafood industry. 947 Total views 28 Total shares The Norwegian-based producer of farmed-salmon, Kvarøy Arctic, has become the latest firm to join IBM’s Food Trust — the tech giant’s blockchain-based supply chain solution for the…