“It does not matter if the stablecoin is backed by a currency, a commodity, or even an algorithm – the rules are the same.
Blanco insisted stablecoin administrators must register as a Money Services Business (MSB) with FinCEN.
Including stablecoins as money transmitters, and their administrators as MSBs, means firms dealing with them must follow federal know-your-customer (KYC) and AML laws under the Bank Secrecy Act.”
“LocalCryptos, formerly LocalEthereum, said it had completed the pivotal step of adding support for Bitcoin.
The move comes roughly a week after LocalBitcoins announced its registration with regulators in its home country of Finland. By contrast, LocalCryptos stays away from such requirements, operating as a non-custodial resource under which no financial liability is taken on.
The platform is a one-stop shop for fiat-to-crypto ramps worldwide.”
See Also: LocalCryptos.com
“The luxury automaker will use an enterprise blockchain platform from Salesforce to track the authenticity of the cars sold on the secondary market.
Each vehicle will come with an immutable record of service, including restoration, prior ownership and more, and each car will be armed against potential counterfeiting.”
“Potentially making it the first cryptocurrency investment vehicle to become a reporting company. The shares are already publicly traded on an over-the-counter market, but reporting company status would improve transparency and liquidity for shareholders.
We’re seeing an ever-growing demand for exposure to bitcoin through a security or an access product like we offer.”
See Also: Bakkt, Fidelity Will Store Galaxy Digital’s New Bitcoin Fund Holdings
See Also: Fidelity Digital Assets Gets NY Trust Charter to Custody Bitcoin for Institutions
“Lehnberg’s critique of Bogatyy’s research rests on what he judges to be key “inconsistencies.” These include the implication that it would be possible for law enforcement to link intercepted data to a user address.
The Grin team has consistently acknowledged that Grin’s privacy is far from perfect. While transaction linkability is a limitation that we’re looking to mitigate as part of our goal of ever-improving privacy, it does not ‘break’ Mimblewimble nor is it anywhere close to being so fundamental as to render it or Grin’s privacy features useless.“
“German Bitcoin (BTC) mining firm Northern Bitcoin has entered a merger agreement with United States-based competitor Whinstone to jointly build what will supposedly be world’s largest mining farm.
Whinstone is already building the aforementioned facility which is expected to have a capacity of one gigawatt on an area of over 100 acres in Texas. The mining farm in question will allegedly be the largest data center in North America.
The idea of placing the world’s largest mining facility in the U.S. is interesting, given that China has so far been at the forefront of the cryptocurrency mining industry.”
“German securities marketplace Deutsche Boerse and Swiss state-run telecom Swisscom have settled securities transactions using different blockchain protocols.
In order to process cash and security tokens, the participants were deploying two different distributed ledger technology (DLT) protocols — R3’s Corda and IBM’s Hyperledger Fabric — to complete cross-chain secure settlement.”
The Disrupt 