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Crypto & the FATF Travel Rule: FinCEN Suggests Challenges in Governance, Not Technology

Crypto & the FATF Travel Rule: FinCEN Suggests Challenges in Governance, Not Technology

The Financial Action Task Force (FATF) Travel Rule has been in the center of attention lately, which concerns crypto transactions above a certain amount must be accompanied by identifying information.The rule is an update to the existing FATF Recommendation 16, regarding cross-border and domestic wire transfers, and is intended to address the anti-money laundering (AML) and counter-terrorist financing (CFT) challenges as crypto adoption increases. The FATF Travel Rule could mean implications for virtual asset service providers (VASPs), including cryptocurrency exchanges, wallet providers, and custodians.

Beware Of Impostors: China Has Not Issued or Released A Date For Its Digital Currency

Beware Of Impostors: China Has Not Issued or Released A Date For Its Digital Currency

Owing to this, a statement released by the People's Bank of China on October 13, warned the general public to beware of such fake platforms and organizations as they are not related to the Bank of China.

IOTA Looks into “Data Sharding” to Increase Storage on Tangle in Progress for Nectar

IOTA Looks into “Data Sharding” to Increase Storage on Tangle in Progress for Nectar

IOTA recently published a December update, announcing its progress for its remaining elements for the delivery of IOTA 2.0, Nectar.

Circle's New APIs Simplify Complex Crypto Concepts For Mass Institutional Adoption

Circle's New APIs Simplify Complex Crypto Concepts For Mass Institutional Adoption

Circle Builds Layers of Simplicity over Complex Crypto Concepts for Business to Trigger Digital Adoption

Cardano’s Charles Hoskinson: Accountability of Funding from Voltaire Does Not Need to be Centralized

Cardano’s Charles Hoskinson: Accountability of Funding from Voltaire Does Not Need to be Centralized

Cardano founder Charles Hoskinson recently explained in a video update regarding the accountability of the funding from Voltaire, its governance era.

Stellar Lumens (XLM) Price Surges over 150%—What's Behind the Massive Rally?

Stellar Lumens (XLM) Price Surges over 150%—What's Behind the Massive Rally?

Stellar has recently gone through an update of its network protocol which was implemented by validators.

Digital Assets Market Update 12 August 2019

Digital Assets Market Update 12 August 2019

Latest news and updates from the digital assets market

Twitter Says Bitcoin Hack Originated From Phone Phishing Attack

Twitter Says Bitcoin Hack Originated From Phone Phishing Attack

On Thursday, Twitter provided an update addressing the massive Bitcoin hack that overtook its platform earlier this month.

Cardano to Revolutionize the DeFi Industry with New Platform and Metadata for Transactions

Cardano to Revolutionize the DeFi Industry with New Platform and Metadata for Transactions

As Cardano’s rollout of its Goguen update is coming soon, IOHK has recently presented the latest developments of the network.

ADA Price Surges Over 100% As Cardano Goguen Update Set For March

ADA Price Surges Over 100% As Cardano Goguen Update Set For March

The ADA price surged by over 100% this week and with Cardano’s Goguen update and functional smart contract integration set for March, ADA’s price rally looks far from over

Cardano’s Allegra Hard Fork Scheduled for Next Week, Node Release 1.24.2 Successfully Deployed

Cardano’s Allegra Hard Fork Scheduled for Next Week, Node Release 1.24.2 Successfully Deployed

The next Cardano protocol update, which includes the hard fork combinator (HFC) event Allegra, will take place on Dec. 16.

$1 Billion in Bitcoin Moves From Silk Road Wallet, a Format Update or a Hack?

$1 Billion in Bitcoin Moves From Silk Road Wallet, a Format Update or a Hack?

69,370 Bitcoins has moved from an address connected to the defunct Silk Road darknet market for the first time in five years, was it a hack or a move to update the address?

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