Lithuanian Finance Ministry to Introduce Legal Amendments for Crypto-Related Firms
Lithuania’s finance ministry plans to release legal amendments for operating crypto-related businesses in the country Go to Source Powered by WPeMatico
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Cryptocurrencies Not Currently Viable for Terrorism Financing: Think Tank
U.S. nonprofit think tank RAND Corporation released a report, stating that cryptocurrencies are not well-suited for financing terrorism Go to Source Powered by WPeMatico
Governments Exploit Christchurch Tragedy to Enforce Censorship and Thought Policing
No sooner had the victims of the Christchurch attack fallen than governments were clamoring to mine the tragedy for political capital. Despite the shooting having been live streamed on Facebook, antipodean officials have directed their ire against fringe websites in a desperate bid to control the narrative and criminalize curious civilians. Also read: Bitcoin Cash … Read more
Growth of Crypto Industry Could Threaten Banks, Financial Stability: Basel Committee
BIS-backed global banking authority the Basel Committee has issued a sceptical statement on crypto assets, saying they’re “unsafe to rely on” as money Go to Source Powered by WPeMatico
Maltese Financial Regulator Appoints CipherTrace to Monitor Compliance in Crypto Firms
The Maltese financial watchdog has appointed U.S.-based CipherTrace to monitor compliance in crypto businesses Go to Source Powered by WPeMatico
IMF Recommends Immediate Action on Malta’s AML and CFT Supervision
The IMF called for “urgent action” to address shortcomings in Malta’s AML and CFT regulation Go to Source Powered by WPeMatico
Bitcoin Bomb Threats Across The US Cause Evacuations
There have been numerous reports of a series of emails that have been sent to various businesses and establishments in the US asking for $20,000 in Bitcoin or else a bomb will be detonated in the building. Further reports indicate that the emails were sent to victims in Canada and New Zealand as well. This … Read more
UK-based Terrorist Successfully Purchased Semtex off the Darknet
The darknet does not enjoy the best of reputations, for many different and valid reasons. The biggest problem is how this particular part of the internet is home to a lot of illegal activity, including drug and weapon sales, as well as the sale of a lot of other types of information which is considered … Read more
US House Passes Bill for Task Force to Combat Crypto Use by Terrorists
The U.S. House of Representatives has passed a bill that would establish a task force to combat terrorist use of cryptocurrencies; it will now proceed to the Senate Go to Source Powered by WPeMatico
Report: Crypto Not Effective for Financing Terrorist Groups
A recent report conducted by the U.S. Foundation for Defence of Democracies has shown that digital currencies are not well-suited to financing terrorism Go to Source Powered by WPeMatico
