BitMEX might add customer due diligence procedures and people are not happy
One of the world’s biggest cryptocurrency exchanges might be about to introduce know your customer (KYC) procedures and people are not happy about it.
The value of bitcoin used on the darknet jumped by 65% in Q1 2020
Darknet users have increased the value of their bitcoin transactions, according to new research from Bitfury, the emerging technologies company.
Bitcoin breaks new $35,000 record
Having broken its earlier record over the weekend, bitcoin traded at $35,842 on Wednesday.
NatWest to block cryptocurrency payments following earlier FCA warning
UK retail bank NatWest will not accept payments in cryptocurrencies, according to the company’s head of risk Morten Friis.
FCA warns cryptocurrency companies are failing to meet UK AML requirements
The Financial Conduct Authority (FCA) has said a ‘significantly high’ amount of cryptocurrency firms are not meeting UK requirements on money laundering prevention.
Upgrade launches new credit card with bitcoin rewards
Upgrade, a FinTech company focused on providing credit for mainstream consumers, launched the Upgrade Bitcoin Rewards Card a new version of its Upgrade Card featuring bitcoin rewards.
US regulatory trio announce plans to establish crypto asset roadmap
Three key regulatory bodies in the US have revealed they are putting together a roadmap to provide greater clarity on a number of areas related to crypto assets.
FBI establishes cryptocurrency unit
The FBI is setting up a cryptocurrency-focused unit that will look to work closely with the US Justice Department. The National Cryptocurrency Enforcement Team...
Central African Republic joins El Savador in making Bitcoin legal tender
The Central African Republic has become the second country globally to adopt Bitcoin as an official currency following El Salvador’s introduction last year.
NFT transactions to climb to 40 million by 2027
A study from Juniper Research has found that the global number of NFT transactions will climb from 24 million in 2022 to 40 million by 2027.
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