Ethereum Watch

The European Union’s fifth anti-money laundering directive came into force yesterday but is already being criticized; some stakeholders are calling for further reform. Advertisements Two years of talks inside the EU on how to improve control measures for digital payments and cryptocurrencies have led to a fifth version of the EU’s anti-money laundering (AML) directive. […]

Life used to be different for “Crypto Shaolin.” Advertisements Long before he was known by his current nickname, he’d follow tourists in the heat of central Africa, swinging an ice box and offering them a chilly bottle of Coca Cola or Fanta with a sugary smile to match. But as chipper as his demeanor made […]

Oasis Labs reportedly attracted $45 million in investments from a handful of venture capital firms, including Andreessen Horowitz. Advertisements In a launch announcement this morning, Oasis Labs shared its goal of building a “privacy-first, high-performance cloud computing platform on blockchain.” Headquartered in Berkeley, California, the company boasts an executive team with impressive academic credentials. In […]

The Chinese bank is looking to blockchain technology to increase efficiency and improve customer service for financial asset exchange. Advertisements A patent application from the Industrial and Commercial Bank of China (ICBC) outlining a blockchain platform intended to improve financial asset exchange has been published. The institution is one of the world’s largest in terms […]

The Financial Industry Regulatory Authority has released a notice requesting that investment firms disclose their involvement in cryptocurrencies. Advertisements On Friday, the Financial Industry Regulatory Authority (FINRA) released a regulatory notice advising that all member firms are to report all cryptocurrency dealings. FINRA is a self-regulatory US organization that oversees securities brokers and has the […]

Bof head of digitalization Aleksi Grym has published a scathing analysis of digital currencies in a recent report that calls them “a fallacy.” Advertisements A new research paper from the Bank of Finland (BoF) is titled The Great Illusion of Digital Currencies. It includes a note clarifying the BoF Economics Review is an analytical study […]

IBM strikes again – this time to help the Australian government use blockchain technology to improve its data security. Advertisements On July 4, it was reported that IBM has entered a five-year agreement worth $1 billion AUD (about $740 million) with the Australian government to integrate blockchain technology into the country’s federal departments, such as […]

According to a July 5 report by local news outlet, Cripto Tendencia, the Venezuelan minister of habitat and housing, Ildemaro Villarroel Arismendi, announced the government’s intentions to build houses for the homeless, and to fund the project using the nation’s embattled cryptocurrency, the petro. Advertisements The project is to operate under the umbrella of the […]

It was reported this week that Japan’s Financial Services Agency is looking to regulate cryptocurrency exchanges under a different law, but there seems to be some contention about whether that’s true. Advertisements UPDATED | July 6, 2018: Japanese outlet CryptoWatch reported that a source from the FSA has denied claims the agency is considering regulating […]

The cryptocurrency exchange run by the Winklevoss twins announced it has hired Robert Cornish, formerly of the New York Stock Exchange, as chief information officer. Advertisements Gemini, the cryptocurrency exchange operated by Tyler and Cameron Winklevoss, has announced the hiring of Robert Cornish as its chief technology officer. According to a press release, Tyler Winklevoss […]