bitfinex

Bitfinex Flaunts Its Innocence over Loss Funds

Bitfinex, a major crypto exchange that has lost around $850 million of its clients' funds, had declared itself innocent from fraud allegations....
visa-libra

Visa Remains in Close Contact with Facebook Despite Dropping Out of Libra

Visa, the multinational financial services corporation based in the United States, is one of the major firms that had recently withdrawn its...
CFTC

US CFTC’s Fintech Information Source Now Operates as an Independent Office

On October 24, the chairman of the US Commodity Futures Trading Commission Heath Tarbert announced that LabCFTC, the commission’s primary...

Facebook Would Withdraw from the Libra Association If Stablecoin Was Launched Without US Approval

During the highly-anticipated Congressional hearing, Facebook’s CEO Mark Zuckerberg once again assured the lawmakers that Libra’s launch would remain on hold until...

Libra Would Not Launch Unless US Regulators Are All in Approval – Zuckerberg

Facebook’s founder and CEO, Mark Zuckerberg, declares that the company would not launch Libra until all regulatory concerns from US regulators have...
stablecoin security

Texas Representative Seeks to Place Stablecoins under Securities Law

On Tuesday, D-Texas Representative Sylvia Garcia introduced a new crypto bill to the House Financial Services Committee. The legislation, according to reports,...
privacy-coin

FATF’s New Guidance Would Push BTC and ETH’s Bad Players towards Privacy Coins

The CEO of CipherTrace, David Jevans, claims that the newly-released Financial Action Task Force (FATF) crypto regulations would swing the attention of...
fincen

Crypto Firms Must Follow Regulations or Face the Consequences – FinCEN Director

Financial Crimes Enforcement Network (FinCEN) Director, Kenneth Blanco, specifically addressed the crypto community during his speech at the DC Fintech Week held...

Samsung SDS, Pega, and Tech Mahindra to Work on a New Blockchain-based Product

On October 16, Samsung SDS, the IT arm of Korea’s tech behemoth Samsung, announced via a press release its plan of developing...

AT&T Employees Allegedly Conspired with Hackers to Steal Money from a Customer

AT&T, a US-based wireless service giant, finds itself in an embarrassing position following the lawsuit filed by Seth Shapiro, a resident of...

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