Search Results for "retail transactions"
Europol Places Bitcoin Mixer Wasabi Wallet on its Radar for Promoting Dark Web Transactions
The general regulatory difficulty experienced by Bitcoin and altcoins lie in the skepticism of regulatory agencies due to their cryptographic nature. Transactions are generally obscured as privacy is the watchword. This creates a source of concern as the likelihood of the currencies being used in dark web transactions is high. Monitoring agencies have been able to fight this partly by ensuring companies or firms that will be involved with digital currencies adhere to some compliance clause.
US Department of Homeland Security Can Now Trace Illicit Monero Cryptocurrency Transactions
The United States Department of Homeland Security will now be able to track transactions of the most privacy-oriented cryptocurrency coin Monero (XMR).
MicroStrategy Purchases Another $650M Bitcoin, Convincing Elon Musk Large Transactions Can be Done
Another weekend, another round of Bitcoin—MicroStrategy has announced another purchase of Bitcoin, this time, of $650 million in BTC.
CipherTrace Unveils Crypto Predictive Risk Model to Combat Suspicious Transactions in Wake of Twitter Scam
CipherTrace, a cryptocurrency intelligence company, has introduced a predictive risk-scoring model to instantly avert money laundering of cryptocurrencies from ransomware attacks and theft.
Libra Testnet ‘Going Strong,’ Boasts Over 51000 Transactions and 34 Projects
Regulators may think it’s the work of the devil but Facebook’s crypto project, Libra, has been “going strong.”
Ethereum Transactions Hit A Record-High of 1.4 Million
The Ethereum network has reached a notable milestone in its daily transactions after hitting an all-time high of 1,406,016 as availed by Etherscan data on September 17. It broke the previous record of 1.35 million attained on January 4, 2018.
Central Bank of Nigeria Bans Cryptocurrency Transactions, Says Crypto Breeds Illegal Activities
The Central Bank of Nigeria (CBN) has once again doubled down on its efforts to ban cryptocurrency transactions stating they are a breeding ground for illegal activities.
ECB Report: Striking the Balance Between Allowing Privacy and Ensuring Compliance with CBDC
The European Central Bank has recently developed an “anonymity voucher” to safeguard potential central bank digital currency (CBDC) users’ privacy for low-value retail transactions, while ensuring that high-value transfers are subject to anti-money laundering (AML) approvals.
Australian Government Explores the Viability of Blockchain For Land and Property Conveyancing Transactions
The Australian government is piloting a blockchain database to find out its viability on conveyancing transactions.
China's DCEP Testing Limited to Small Retail Transactions for Now
The People’s Bank of China (PBOC) has affirmed that the testing of its CBDC project is concentrated only to small scale transactions for now.
Alipay Officially Bans All Bitcoin-Related Transactions
Alipay, one of the most popular digital payment systems under China’s Alibaba group, officially stated that it would be banning all payment transactions related to Bitcoin and other cryptocurrencies.
Russia Updates Regulations on Crypto Transactions, Harsh Fines Reserved for Defaulters
Russia’s Ministry of Finance has issued an amendment to its current cryptocurrency regulations. The amendments also come with stricter sanctions.