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OFAC to Begin Sanctioning Companies Facilitating Ransomware Payments

OFAC to Begin Sanctioning Companies Facilitating Ransomware Payments

The OFAC may begin sanctioning US nationals and institutions that help facilitate payments in a ransomware attack.

"Bitcoin Is Risky," Says BIS Chief as Crypto and Unconventional Stocks like GameStop Gain Support

"Bitcoin Is Risky," Says BIS Chief as Crypto and Unconventional Stocks like GameStop Gain Support

The Bank for International Settlements remains skeptical of Bitcoin, echoing the sentiments of many traditional banking institutions.

Swiss Central Bank Announces its Central Bank Digital Currency Trial a Success

Swiss Central Bank Announces its Central Bank Digital Currency Trial a Success

The digital franc trial entailed settling large scale transactions between financial institutions through an experiment dubbed Project Helvetia.

Global Currency Organization Launches New USD Stablecoin USDD

Global Currency Organization Launches New USD Stablecoin USDD

The Global Currency Organization (GCO) has launched a new USDD token, a US dollar-backed stablecoin, intended for revenue sharing in institutions.

Ripple GM Reveals that the Blockchain Firm Is Actively Seeking to Partner with Banks for CBDC

Ripple GM Reveals that the Blockchain Firm Is Actively Seeking to Partner with Banks for CBDC

Amid the COVID-19 pandemic and the SEC lawsuit, Ripple continues to thrive through partnerships with financial institutions leveraging their payment services.

Binance CEO CZ and Crypto Execs Say Traditional Finance Not Yet Ready to Embrace Digital Currencies

Binance CEO CZ and Crypto Execs Say Traditional Finance Not Yet Ready to Embrace Digital Currencies

Binance CEO Changepeng Zhao (CZ) and two major crypto executives believe traditional financial institutions have a long way to go before they embrace digital currencies.

Ripple Continues to Push for CBDC Development, but Will Banks Favor Stellar Lumens’ Technology Instead?

Ripple Continues to Push for CBDC Development, but Will Banks Favor Stellar Lumens’ Technology Instead?

Ripple’s wish to develop CBDC with banking institutions remain a steady aspiration but has its reputation been tarnished by the SEC to the point of no recovery?

Institutional Bitcoin Buying Could Push Price to $45K, What Happens When They Start Taking Profits?

Institutional Bitcoin Buying Could Push Price to $45K, What Happens When They Start Taking Profits?

Bitcoin surged over 300% in 2020 on a wave of institutional buy in—but what happens when institutions decide to sell in 2021?

India Darknet Policing Ramps Up Following Drug Racket Arrests

India Darknet Policing Ramps Up Following Drug Racket Arrests

Law enforcement agencies in India are teaming up with national research and academic institutions to enhance their ability to police the darknet.

Welcoming the Future of Finance with Blockchain

Welcoming the Future of Finance with Blockchain

Blockchain is not limited to creating cryptocurrencies like Bitcoin. In fact, it has the potential to entirely remodel every industry out there, including the financial institutions.

Reasons Why Bitcoin May Fall to the $40,000 Level

Reasons Why Bitcoin May Fall to the $40,000 Level

According to Glassnode, institutions and investors holding a large amount of Bitcoin reduced their holdings by 140,000 Bitcoins in February, which is equivalent to a reduction of 67.2 tenths since the beginning of this month.

KPMG Launches Patent Pending Crypto Analytics Suite KPMG Chain Fusion for Institutions

KPMG Launches Patent Pending Crypto Analytics Suite KPMG Chain Fusion for Institutions

KPMG has announced its launch of KPMG Chain Fusion, its patent-pending crypto analytics platform to streamline crypto-related services for financial services and FinTech companies.

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