Cryptocurrency

Cryptocurrency is a digital asset designed to work as a medium of exchange that uses strong cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of assets.

Source: en.wikipedia.org

UK Bill Will Make It Easier to Seize Crypto in Money Laundering Cases

UK Bill Will Make It Easier to Seize Crypto in Money Laundering Cases
UK Bill Will Make It Easier to Seize Crypto in Money Laundering Cases
September 22, 2022  |  Cryptocurrency

A proposed law in the U.K. will make it easier for law enforcement to seize, freeze and recover cryptocurrency used by criminals to launder profits...

READ MORE >
DOJ Asks Congress for Tools to Limit NFT Money-Laundering Risk
DOJ Asks Congress for Tools to Limit NFT Money-Laundering Risk
September 22, 2022  |  Cybersecurity

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

READ MORE >
Group of 9 Banks Pitches USDF Token as Stablecoin Alternative for Businesses
Group of 9 Banks Pitches USDF Token as Stablecoin Alternative for Businesses
September 22, 2022  |  Cryptocurrency

There has been a lot of pushback in Congress to the argument that all stablecoins should be issued by Federal Deposit Insurance Corporation (FDIC)-backed, federally...

READ MORE >
Blockchain Weekly: New Tools for EMEA Crypto Trading, Use Cases Expand Beyond Currency
Blockchain Weekly: New Tools for EMEA Crypto Trading, Use Cases Expand Beyond Currency
September 22, 2022  |  Blockchain

In the story of blockchain, the initial emphasis on currency still maintains a firm grip on the public imagination of the technology. Yet proponents of...

READ MORE >
Sam Bankman-Fried’s FTX Asking Backers for Up To $1B at $32B Valuation
Sam Bankman-Fried’s FTX Asking Backers for Up To $1B at $32B Valuation
September 22, 2022  |  Investments

Sam Bankman-Fried is reportedly in talks with investors to follow up a January funding round with a bigger infusion of capital for his cryptocurrency conglomerate...

READ MORE >
Today in Crypto: US House Stablecoin Bill Won’t Include Digital Dollar Push, Report Says; Bank CEOs Tell US Lawmakers They Won’t Finance Crypto Miners
Today in Crypto: US House Stablecoin Bill Won’t Include Digital Dollar Push, Report Says; Bank...
September 21, 2022  |  Cryptocurrency

Central Bank of Iran said it will begin a pilot launch of its central bank digital currency, the crypto-rial, on Thursday (Sept. 22), a press...

READ MORE >
Nasdaq to Launch Crypto Custody Service for Institutional Investors
Nasdaq to Launch Crypto Custody Service for Institutional Investors
September 21, 2022  |  Cryptocurrency

Nasdaq has announced a new business, Nasdaq Digital Assets, which will promote institutional participation in digital assets, a press release said Tuesday (Sept. 20). Get...

READ MORE >
Justice Department Seeks Congressional Green Light for Faster Crypto Investigations
Justice Department Seeks Congressional Green Light for Faster Crypto Investigations
September 21, 2022  |  Cryptocurrency

Not only does the U.S. Department of Justice want crypto criminals who violate money transmitter licensing laws to spend more time in jail, but it...

READ MORE >