Elliptic says its tool, built by four Ph.D. holders, can make a hugely accurate guess as to who each wallet belongs to — and it can do so in real time. Using machine-learning, its software cr... Read More
He added: "We have developed this technology not to incriminate nor to pry; but to support businesses’ anti-money laundering obligations. Compliance officers can finally have peace of mind, k... Read More
A day later, in a move completely unrelated to the dagger, Shrem was formally indicted by a New York grand jury on money laundering charges. The case made Shrem famous because he had alleged... Read More
Dana Byerlee, 33, of Santa Monica, prepares to use one of Southern California's first two bitcoin-to-cash ATMs, in Locali Conscious Convenience store in Venice, Los A... Read More
Overall, it had processed more than 78 million financial
transactions with a combined value of more than $8 billion.
"Liberty Reserve founder Arthur Budovsky ran a digital currency empir... Read More
Could Crypto Exchanges KYC Prevent Money Laundering In Bitcoin?
China’s regulators recently warned that cryptocurrency is a potential threat in anti-money laundering as bitcoin could easily bypass the country’s capital controls and achieve cross-border capital
BMO, Pension Plan Pilot Blockchain for Fixed Income Issuance
Canadian financial firm BMO Capital Markets is working with the Ontario Teachers' Pension Plan on a new blockchain pilot.
The trial sees the two firms register a fixed income issuance on a blockcha
South Korea Budgets $880 Million for Tech Including Blockchain
The South Korean government will invest over $880 million next year in order to boost the development of innovative technologies including blockchain.
According to a government release on Tuesday,
Pantera Capital Has Raised $71 Million So Far for Third Crypto Fund
Blockchain investment company Pantera Capital has launched its third crypto fund with over $71 million already committed, according to public documents.
A filing submitted by the company to the U.S