The People’s Bank of China (PBOC) has proposed revisions to its anti-money laundering (AML) requirements for bitcoin exchanges, according to Zhou Xuedong, director of the National People’s Congress an... Read More
The Internal Revenue Service (IRS) has revealed that only a small number of people are declaring their bitcoin profits or losses in their yearly tax returns.
Documents, filed Thursday, by the IRS i... Read More
Chinese exchanges have begun requiring customers to provide details of the source of cryptocurrency funds and where they will be withdrawn to. The information, a first for the Chinese... Read More
The extent of CIA spying on consumers through their devices has become the subject of active research following the release of WikiLeaks’ Vault 7 data. After revelations, the US security agency... Read More
China’s banking system has officially overtaken the Eurozone to become the world’s largest, figures released this month show. Research data from the Financial Times reveal Chinese bank assets to... Read More
Barclays Joins CLS Blockchain Consortium in Search of Swift Alternative
Barclays has become the latest major financial institution to join the foreign exchange-focused blockchain consortium founded by cash settlement system provider CLS Group.
Revealed today, the Londo
Bitcoin is too risky to treat as a 'serious' investment, financial advisers say
Last spring, a man walked in to Dunston Financial Group in a jubilant mood. He told the firm's founder, Lynn Dunston, that he'd put all of his savings and retirement funds into cryptocurrency, the
HAZZA to Create the Global Unified Payment Network
The senior leadership of OCTO3, a Hong Kong based payment solution provider, announced the coming development of HAZZA, the world’s first global unified payment network.
“Our vision for HAZZA is to
China Construction Bank Partners IBM for Blockchain ‘Bancassurance’ Solution
China Construction Bank, the world’s second-largest bank by market capitalization, is working with IBM to develop and launch a blockchain-enabled bancassurance platform for its retail and commercial b