Search Results for "connecticut department of banking"
Crypto Project Baer Chain Has Been Classified as a Ponzi Scheme by the Chinese Police Department
The police department of the Haizhou district in Lianyungang, a coastal city in China published a notice on " information verification and registration of investment members of the Baer Chain case” on June 15. According to the notice, the project has been classified as a Ponzi scheme.
US Treasury Department Believed to be Hacked by Russians, Bitcoin Bulls Respond “BTC Never Gets Hacked”
The US Treasury Department has been on the receiving line of a huge security breach that saw their internal servers targeted.
US Department of Justice Shuts Down Pornography Site That Sells Child Pornography For Bitcoin
A charge was brought upon a South Korean citizen named Jong Woo Son and other hundreds of individuals in different countries to have been operating the world's largest child sexual exploitation website by volume of content using bitcoin as a means of exchange.
United States Department of Defense Tests Out Blockchain Technology to Enhance Cybersecurity
The United States Department of Defense (DoD) is considering implementing blockchain technology to enhance its cybersecurity.
Treasury Secretary Nominee Janet Yellen Plans to Encourage Legitimate Crypto Use
Biden's pick to lead the United States Treasury Department, Janet Yellen thinks crypto has potential to enhance the financial system and wants to encourage its legitimate use.
US Treasury Department Proposes New KYC Requirements for Cryptocurrency Transactions
The U.S Treasury Department has released a notice concerning a new rule that would require money services businesses and banks to verify identities, keep records, and submit reports of users holding crypto assets in unhosted wallets.
Simplex Redefines the Fiat-to-Crypto/Crypto-to-Fiat Experience With the Launch of the Simplex Banking Solution
Simplex Banking works alongside Simplex’s unparalleled partner network to overcome key barriers to greater crypto adoption by providing a global solution of crypto- friendly banking, offering local payment methods for a truly global reach.
Italian Banking Association Chose Decentralized Blockchain Route
The Italian Banking Association, Associazione Bancaria Italiana (ABI), chose to leverage the blockchain-based system Spunta, as they could not identify an appropriate single actor to run a centralized system.
Banking on Blockchain: FinTech and Digitalization Will Play a Significant Role for the Chinese Banking Industry
China’s banking industry for small to medium-sized enterprises (SMEs) will rely on digitization and financial technology to build a “new infrastructure” for the entire industry. Highly endorsed by the country’s president, Xi Jinping, blockchain technology has seen a surge in popularity in the past year.
Indian Crypto Exchanges Seek Clarity on Legal Status and Taxability from the Reserve Bank of India
Crypto exchanges and companies in India are still seeking regulatory clarity and tax status from the Reserve Bank of India following a Supreme Court ruling in favor of the crypto industry earlier this year. India’s Supreme Court reversed the ban placed by the central bank on financial institutions offering crypto-related banking services. It is two months after lifting the ban, crypto exchanges and firms are now seeking clarification regarding the nature of their operations.
World First Crypto Bank Sygnum Receives Approval To Offer Banking Services In Singapore
Sygnum has been granted approval by the Monetary Authority of Singapore (MAS) to operate digital markets/banking services in the country
Ziglu Mobile Banking App Makes Cryptocurrency Easy for Everyone
Ziglu, the first UK regulated cryptocurrency bank, has launched its platform app after successfully completing its testing phase.