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Kraken Fights IRS Over Customer Information

Kraken Fights IRS Over Customer Information

Kraken is contesting the United States Internal Revenue Service's demand for critical exchange user information, citing it as an "unjustified treasure hunt." Kraken has requested federal court intervention, pointing out that the IRS has gone "far beyond" its intrusive summons. The fight against IRS is Kraken's response to the agency's February summons, which demanded additional user information to identify Kraken accounts that did at least $20,000 of cryptocurrency trading in any single year between 2016 and 2020.

Australian Crypto Exchange BTC Markets Accidentally Exposes 270,000 Customer Names and Emails

Australian Crypto Exchange BTC Markets Accidentally Exposes 270,000 Customer Names and Emails

BTC Markets, the largest cryptocurrency exchange in Australia, has accidentally exposed customers’ data, an incident that has put users at risk of phishing attacks.

Standard Chartered Bank Partners with Enterprise Ethereum Alliance to Improve Customer Experience

Standard Chartered Bank Partners with Enterprise Ethereum Alliance to Improve Customer Experience

Standard Chartered Bank joins the Enterprise Ethereum Alliance – an open-source blockchain community. But why?

Dubai Economy Gets Powered by UAE KYC Blockchain Platform for Safe Digital Customer Onboarding

Dubai Economy Gets Powered by UAE KYC Blockchain Platform for Safe Digital Customer Onboarding

The Dubai economy has gone live on the UAE KYC (Know-Your-Customer) blockchain platform making instant bank accounting functionality, secure digital customer onboarding, and sharing of verified data between financial institutions and licensing authorities possible.

Colombian Ministry of Information Technology Prioritize Public Sector Blockchain and Crypto Payment Solutions

Colombian Ministry of Information Technology Prioritize Public Sector Blockchain and Crypto Payment Solutions

The Colombian Ministry of Information Technology and Communications (MinTIC) believes blockchain and DLT solutions could benefit its public sector.

Ledger and Tezor Dismiss Rumor That Hackers Have Stolen Data from Popular Crypto Wallet Providers

Ledger and Tezor Dismiss Rumor That Hackers Have Stolen Data from Popular Crypto Wallet Providers

Cybersecurity company “Under The Breach” has reported that a hacker is allegedly attempting to sell customer data that stems from firms like Ledger, Trezor, Keepkey, and even Bnktothefuture.

US Television Network Provider Dish Aims to Track and Stop Piracy Using New Blockchain Systems

US Television Network Provider Dish Aims to Track and Stop Piracy Using New Blockchain Systems

In recent years with subscribers moving to newer forms of media, including internet-based streaming services such as Netflix, Dish has struggled to maintain its customer base, with 381,000 subscribers lost in 2018’s Q4.

Belgium’s FSMA Blacklists More Crypto Investment Businesses Following Customer Complaints

Belgium’s FSMA Blacklists More Crypto Investment Businesses Following Customer Complaints

Belgium’s Financial Services and Markets Authority (FSMA), a body mandated with the oversight and regulation of the nation’s financial services sector, has opted to add more crypto investment businesses to its blacklist for fraudulent activities. According to an official announcement, this decision was sparked by new cries aired by customers about cryptocurrency investment offers meant to swindle them.

Goldman Sachs Says Customer Demands for Bitcoin Are Increasing

Goldman Sachs Says Customer Demands for Bitcoin Are Increasing

Goldman Sachs President and COO John Waldron has revealed that the bank is experiencing a rising demand for Bitcoin from its customers.

SEC’s Demand for Private Financial Information from Ripple Lead Executives in XRP Case – an “Inappropriate Overreach?”

SEC’s Demand for Private Financial Information from Ripple Lead Executives in XRP Case – an “Inappropriate Overreach?”

The battle between the Securities and Exchange Commission (SEC) and Ripple over how XRP should be regulated continues to stretch on.

Vietnam Launches a National Enterprise Blockchain Platform as it Eyes a Global Top 50 Slot

Vietnam Launches a National Enterprise Blockchain Platform as it Eyes a Global Top 50 Slot

The Ministry of Information and Communications in Vietnam is building an enterprise blockchain platform dubbed akaChain in line with its national program.

Carrefour Shoppers in the UAE to Get Farm-to-Shelf Information with Blockchain Technology

Carrefour Shoppers in the UAE to Get Farm-to-Shelf Information with Blockchain Technology

Carrefour customers in the United Arab Emirates (UAE) will be able to track the origins of the products with blockchain technology.

Canadian Tax Agency Asks Coinsquare Crypto Exchange to Hand Over Clients Personal Data

Canadian Tax Agency Asks Coinsquare Crypto Exchange to Hand Over Clients Personal Data

The Canada Revenue Agency has requested a judge of the Federal Court to force a crypto exchange to hand over information about all its customers.

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