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Blockchain Project Cashaa Protecting Crypto Companies to Survive Fifth Money Laundering Directive and New FCA Rules in 2020

Sharing is caring!Early Blockchain and Crypto project Cashaa, has launched a new “Crypto Business/Broker” account to ensure crypto businesses/brokers are compliant with the FCA’s new rules for anti-money laundering and counter-terrorist finance and the EU Fifth Money Laundering Directive (5AMLD). “We have put our experience of dealing with hundreds of crypto

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UK’s Regulator FCA to Monitor Money Laundering and Terrorism Finance via Crypto

The UK’s Financial Conduct Authority (FCA) now supervises companies and business working with crypto for anti-money laundering (AML) and counter terrorism finance (CTF) compliance.In an announcement released on January 10th, the financial regulator said that it will supervise whether businesses dealing with cryptocurrencies and blockchain in the UK are complying

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WisdomTree Mulls New Stablecoin as US Money Manager Drives Toward Crypto

WisdomTree, an asset manager specializing in exchange-traded funds, is vying to become one of the first established U.S. financial firms to offer clients digital assets, including a so-called stablecoin whose value is closely linked to the U.S. dollar. New York-based WisdomTree, which oversees about $63 billion, views cryptocurrencies and digital assets

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Bitcoin Sign Guy Is Back, Bringing Sound Money to Urbit’s ‘Sound Computer’

If bitcoin is digital cash and ethereum is digital law, Urbit is digital land. The highly ambitious cloud computing project imagines nothing less than a rewiring of the internet, allowing users, not corporations, to own their online identities and data. While most blockchain projects rely on Amazon Web Services and other

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DeFi is coming to Bitcoin: Money on Chain is Building a Crypto Lending Platform on Rootstock

Money On Chain is creating a protocol that allows the creation of a bitcoin-collateralized stablecoin as well as DeFi products based on bitcoin. Their infrastructure is developed using Bitcoin’s sidechain rootstock (RSK). The 2019 Trend was DeFi The history of blockchain can be categorized according to the prevailing trends during certain periods

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Russia Is Unhappy About Greece Extraditing Alleged Money Launderer Vinnik to France

Alexander Vinnik, the alleged former operator of now-defunct crypto exchange BTC-e, will be extradited to France, according to a new decision from Greece.Following years of disagreement on what jurisdiction should care about the alleged Bitcoin (BTC) laundering suspect, the Ministry of Justice, Transparency and Human Rights has reportedly decided

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CFTC Chair Tarbert Lists Two Crypto Problems: Money Laundering & Terrorist Funding

Chairman of the United States Commodity Futures Trading Commission (CFTC), Heath Tarbert, recently discussed crypto at Harvard Kennedy School as part of a series of lectures that revolved around financial regulations.Tarbert talked about the agency and its stance on cryptocurrency, and how the CFTC team is still processing the information

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