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FinCEN Director Warns Crypto Firms Are Not Above Anti-Money Laundering Laws

FinCEN Director Warns Crypto Firms Are Not Above Anti-Money Laundering Laws

Speaking at the University of Georgetown, Kenneth Blanco, FinCEN (The United States Financial Crimes Enforcement Network) Director, blasted the crypto firm by informing them that they are not exempted from the anti-money laundering laws.

Fed Chair Powell Asserts Money Supply is for Central Banks not Private Sector

Fed Chair Powell Asserts Money Supply is for Central Banks not Private Sector

Federal Reserve Chairman Jerome Powell asserted that the private sector has no place in money issuance and by extension the development of a Central Bank Digital Currency (CBDC).

Ripple Pilots Private Version of XRP Ledger for CBDC Issuance

Ripple Pilots Private Version of XRP Ledger for CBDC Issuance

Judging from the daily candlestick chart of Ripple (XRP), the bulls are currently working hard to push XRP above the Exponential Moving Average Ribbon.

Fiat Money

Fiat Money

What is fiat money; the history of fiat money and its influence on monetary policy and the global economy.

First Private Bank Joins Turkish Digital Asset Blockchain Network

First Private Bank Joins Turkish Digital Asset Blockchain Network

Garanti BBVA, the second-largest private bank in Turkey with $104 billion of consolidated assets has confirmed that it will be the first and only private bank joining the Turkish Digital Asset Blockchain Network.

Google Privacy Lawsuit: Google Chrome Incognito Records and Shares Private User Data

Google Privacy Lawsuit: Google Chrome Incognito Records and Shares Private User Data

Google is being sued in a class-action lawsuit, filed on June 2, for the invasion of privacy and sharing users' data, even when they are browsing in private mode.

Franklin Templeton to Enable Money Fund Shares on Stellar Network

Franklin Templeton to Enable Money Fund Shares on Stellar Network

Global investment fund Franklin Templeton Investments filed a preliminary prospectus with the United States Securities and Exchange Commission (SEC) for a money market fund where shares would be recorded and tokenized on the Stellar Network.

United States DoJ Files to Freeze Assets of OneCoin Money Launderer and Recoup $400 Million

United States DoJ Files to Freeze Assets of OneCoin Money Launderer and Recoup $400 Million

The United States Department of Justice has filed to freeze the assets of OneCoin Money Launderer Mark Scott, and Recoup $400 Million.

A New World of Money - Blockchain in Human History Series

A New World of Money - Blockchain in Human History Series

In this article we take a deep dive in money issuance standard to witness the evolution of money. The evolution of money issuance standard can be summarized in four phases.

Revenue from MicroStrategy’s $600M Private Offering Will Be Used to Buy Even More Bitcoin

Revenue from MicroStrategy’s $600M Private Offering Will Be Used to Buy Even More Bitcoin

MicroStrategy will host a $600M private offering and the revenue will be used to buy more Bitcoin.

Maiar Wallet Makes Sending Money as Easy as Sending a Text

Maiar Wallet Makes Sending Money as Easy as Sending a Text

Maiar Wallet, a decentralized, non-custodial, low fee, multi-currency digital wallet built on the Elrond blockchain to empower everyday users.

Private Firms Can Boost Innovation of Central Bank Digital Currency, says IMF

Private Firms Can Boost Innovation of Central Bank Digital Currency, says IMF

A synthetic Central bank digital currency (CBDC) could create new pathways for innovation according to a senior member of the International Monetary Fund (IMF).

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