28th February 2020
Serious and organised crime (SOC) is the most significant national security threat faced by the UK; it persistently erodes our economy and communities and affects more UK citizens, more often, than any other threat, impacting on public services, businesses, institutions, national reputation and infrastructure. A PERSISTENT THREAT The… Read More
18th February 2020
The Central Bank of Russia (CBR) has formally proposed a legal framework for tokenization, but also plans to label cryptocurrency transactions as suspicious activity, it said in a press release Monday. The CBR announced it had successfully piloted a platform that allows users to tokenize assets, including equities and… Read More
10th February 2020
Seo Jin-ho, a travel-agency operator in South Korea, wasn’t interested in exotic investments when a colleague first introduced him to PlusToken, a platform that traded bitcoin and other cryptocurrencies. But the colleague was persistent. “You won’t regret this,” she said, according to Mr. Seo. She visited him several times early… Read More
10th February 2020
The lack of requirements to disclose a company’s beneficial ownership information is one of the top vulnerabilities in the U.S. financial system, the U.S. Treasury Department said in a new report. The report, published Thursday by the Treasury’s Office of Terrorist Financing and Financial Crimes, identified several emerging threats and… Read More
31st January 2020
By every measure, US sanctions are devastating Iran’s economy. The value of the rial has plummeted by half since 2018, when President Trump began dismantling the nuclear deal and reimposing embargoes. Food prices are spiralling, and the country’s foreign currency reserves have been slashed by a fifth since 2013. Read More
31st January 2020
By Robert Diab, Thompson Rivers University People have long been drawn to Vancouver’s idyllic coastal mountain setting. The region’s strong civil liberties and stable economy convince many of them to stay, and Vancouver has thrived with its diverse set of residents. But the city has also become a… Read More
30th January 2020
MAS (Monetary Authority of Singapore) on Tuesday (28 January) announced the commencement of the Payment Services Act (PS Act). Singapore’s Parliament passed the law in January 2019, providing a new framework to streamline the regulation of payment services under a single legislation and bring different payment activities under the… Read More
28th January 2020
Singapore is introducing new payments legislation that offers global cryptocurrency firms a chance to expand their operations in the country by applying for operating licenses for the first time. The Payment Services Act, which comes into force Tuesday, is the first comprehensive regulation for companies handling activities ranging from… Read More
27th January 2020
Cyberattacks waged against cryptocurrency exchanges are now common, but the theft of just over $7 million from the Singapore-based exchange DragonEx last March stands out for at least three reasons. First there is the extremely elaborate phishing scheme the attackers used to get in, which involved not only fake websites… Read More
27th January 2020
In narrow terms, the economic sanctions imposed by the United States on Iran in the last two years have been effective, shrinking the Iranian economy by 10 to 20 percent. But they have also accelerated Iran’s use of cryptocurrencies such as bitcoin, which are increasingly used by the Iranian government… Read More