Tag: Transactions

Malta Appoints Cybersecurity Firm Ciphertrace to Monitor Crypto Transactions

Malta Appoints Cybersecurity Firm Ciphertrace to Monitor Crypto Transactions The Malta Financial Services Authority (MFSA) has appointed U.S. cybersecurity company Ciphertrace to help with compliance monitoring of crypto assets. Ciphertrace will be expected to keep track of transactions that pass through local crypto exchanges and digital wallets including ICOs, screening […]

1.3 Million Leaked Transactions Link Major Banks to $8.8 Billion Money Laundering Scheme

1.3 Million Leaked Transactions Link Major Banks to .8 Billion Money Laundering Scheme A new set of reports by the Organized Crime and Corruption Reporting Project, compiled from over 1.3 million leaked transactions from 238,000 companies, have linked many major banks to a scheme to channel billions of dollars out […]

BCH Avalanche Transactions Show Finality Speeds 10x Faster Than Ethereum

BCH Avalanche Transactions Show Finality Speeds 10x Faster Than Ethereum Over the last few weeks, Bitcoin Cash (BCH) developers and community members have been discussing a pre-consensus method called Avalanche. Now BCH proponents have begun to notice the protocol has been applied to the Bchd full node implementation and the proof of […]

Iran in Talks With 8 Countries for Use of Cryptocurrency in Financial Transactions

Iran in Talks With 8 Countries for Use of Cryptocurrency in Financial Transactions Iran is exploring various options, including holding negotiations with other countries to introduce cryptocurrency in global trade, as the Islamic state moves to sidestep U.S. economic sanctions. Mohammad-Reza Modoudi, the acting head of Iran’s Trade Promotion Organization […]

Bitpay Reports Processing Over $1 Billion Transactions in 2018

Bitpay Reports Processing Over Billion Transactions in 2018 Popular cryptocurrency payment processor Bitpay has released figures showing that the company maintained strong performance during 2018, despite the downturn in the market. For example, while other ventures had to downsize recently, Bitpay’s staff increased by 78 percent from the previous year. […]

Taiwan Passes Law to Crack Down on Anonymous Crypto Transactions

Taiwan Passes Law to Crack Down on Anonymous Crypto Transactions The Taiwanese government has amended its laws that regulate cryptocurrency transactions. The revisions reportedly give the country’s Financial Supervisory Commission “the authority to crack down on anonymous virtual currency transactions.” Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Amendments Passed The […]

Report: Emerging Markets See Sharp Growth in Cashless Transactions

Report: Emerging Markets See Sharp Growth in Cashless Transactions South Africa is the most cryptocurrency-friendly country in Africa, according to the 2018 World Payments Report by French banking group BNB Paribas and IT company Capgemini. Compared to other major economies on the continent, South Africa has allowed digital currency-based payments, […]