Insights & Views — Page 59

North Korea, which has been accused of crypto theft in the past, reportedly used a Hong Kong-based blockchain firm to carry out money laundering activities.

The International Organization of Securities Commissions (IOSCO) believes that stablecoin, a digital currency with its value pegged to fiat currencies such as the U.S. dollar or euro, could fall under the existing sec…

The Association of German Banks, representing over 200 private commercial banks and 11 member associations, has explored the idea of a “programmable digital euro” in a new paper.

In a new survey, IBM and central banking think tank OMFIF have found that a central bank could issue a consumer-ready digital currency within five years.

Bitcoin was speculated to make another bullish run after the appearance of the golden cross pattern but the opposite occurred following congress grilled Mark Zuckerberg’s Libra initiative.

Tether has just minted 30M USDT after the price of Bitcoin dropped down below the $7,800 support levels prompting discussions yet again that the cryptocurrency’s value is being manipulated.

A paper looking into the growing influence of crypto sextortionists found that botnets are being rented by criminals to scare people to give up their Bitcoins.

Facebook CEO Mark Zuckerberg is slated to defend Libra in front of a committee tomorrow and the social media juggernaut has released his prepared statement ahead of the meeting.

A U.S. lawmaker has recently proposed a bill that would categorize stablecoins as securities, a move that is likely aimed at Facebook’s Libra project.

Fears regarding Bitmain’s influence on Bitcoin has resurfaced yet again after the Chinese company opened up its 33,000-acre cryptomining facility in Rockdale Texas.

A G7 working group has said that global stablecoins (GSCs) can pose challenges to the international monetary system, while also noting their potential to facilitate a more efficient global payment system.

As it appears, the struggles and regulatory challenges faced by Facebook’s ambitious crypto project Libra are far from over.

Bitcoin’s descend will be very well supported around 7,000 and most likely recover soon to its 2019 high by year-end against the U.S. dollar on higher demand from institutional players, an FxWirePro survey showed.

The number of investigations conducted by the U.K.’s financial regulatory body, the Financial Conduct Authority (FCA), has seen a sharp increase in the last year.

Cryptocurrencies have been around for more than a decade now. As the ecosystem continues to grow and flourish, it calls for more proactive efforts from various participants – cryptocurrency exchanges, custodians, wall…

In a recent survey, KPMG found the growing willingness among consumers across all age groups to make purchases with tokens, identifying loyalty programs as a key area where businesses can leverage blockchain to transf…

Majority of the cryptocurrency exchanges are still faking nearly all of their trading volumes, according to a recent market surveillance report by the Blockchain Transparency Institute.

China is adopting cutting-edge technologies, such as big data, blockchain and artificial intelligence (AI), to improve its structured finance market, Moody’s said in a new report.

Ethereum will recover some of its losses made last year and hit the $500 rate by end-2019 on hopes of demand recovery, an FxWirePro poll showed, but a global economic downturn and regulatory challenges are the biggest…

Financial institutions around the world are increasingly developing blockchain-based solutions to streamline various processes and improve efficiency. Use cases include payments and remittances, trade finance, banking…

The United Kingdom has the largest number of registered cryptocurrency exchanges, according to a recent study conducted by Bitfury’s blockchain analytics platform Crystal.

Fearing an impending recession, U.S.-based millennial investors appear to prefer investing in crypto assets, global trading platform eToro said in a new report.

Global rating agency Moody’s expects blockchain standards to emerge by the year 2021, which could lead to considerable time and cost savings.

Cryptocurrency exchanges Coinbase and Ripple have failed to secure spots in the LinkedIn’s top 10 startups list for 2019.

A vast majority of wealth in the digital economy is highly concentrated in the United States and China, accounting for 75% of all patents related to blockchain technologies, according to the first-ever Digital Economy…

A new report by the Software Policy and Research Institute, which is affiliated with the South Korean government-backed National IT Industry Promotion Agency, found that only 22.2% of blockchain businesses have record…

Japan’s Financial Services Agency (FSA) has revealed a sharp decline in the enquiries related to cryptocurrencies, underscoring a trend that persisted over the past several quarters, according to the latest data figur…

The Financial Integrity Network (FIN), a Washington D.C.-based strategic advisory firm, has urged the United States Congress to bring firms engaged in cryptocurrency sector under the Bank Secrecy Act (BSA) regulation.

North Korea has outrightly refuted recent accusations of stealing $2 billion from banks and cryptocurrency exchanges.

The Middle East Media Research Institute (MEMRI), a press monitoring and analysis organization headquartered in Washington, has said that terrorist groups such as ISIS, Al-Qaeda and Hamas are increasingly using social…

The People’s Bank of China’s (PBoC) has reportedly refuted recent reports that it was launching a government-backed cryptocurrency in coming months, The Global Times said in a tweet.

Leading universities and colleges around the world are increasingly offering cryptocurrency and blockchain courses to meet the growing demand from students to learn about this emerging new asset class and innovative t…

The National Liberal Party (NLP) of the United Kingdom has become the first political party to introduce a coherent forward-looking policy on cryptocurrency, criticizing the government for its failure to introduce a c…

Brave New Coin (BNC), a cryptocurrency market data provider, has announced that its digital currency market news and insights are now being hosted on Dow Jones’ Factiva, a business information and research tool.

Nearly all cryptocurrency exchanges in South Korea are on the verge of bankruptcy, according to Business Korea.

The United Kingdom pension and welfare agency said blockchain and distributed ledger technology (DLT) are potential disruptors of the payments industry.

The Financial Action Task Force (FATF) debunked earlier reports that 15 countries have purportedly collaborated to establish a new system that would collect and share personal information.

The Congressional Research Service has recently released a report that examines the pros and cons of using blockchain in the energy sector.

Cryptocurrency intelligence firm CipherTrace has estimated that cryptocurrency-related thefts, scams and fraud could exceed $4.3 billion for the year.

In a new report, FireEye Threat Intelligence has stated that a state-sponsored espionage group is targeting cryptocurrency firms in China.