“This may increase the risk of customers becoming involved in money laundering or terrorist financing,” said De Nederlandsche Bank. The central bank of the Netherlands, De Nederlandsche Bank, has issued a warning to investors in KuCoin, saying the exchange was operating without legal registration. In a Dec. 15 announcement, the central bank said MEK Global...Continue Reading

Venture capital firms have a tendency to dump tokens and collapse prices. Community-based funding models could fix the problem. Does the crypto industry’s funding space need an overhaul? This is one of many questions swirling in the wake of FTX’s downfall: When the prominent exchange collapsed, it left behind a long line of helpless creditors...Continue Reading

Organizations led by German fintech etonec designed a system that takes advantage of zk-SNARK to provide untraceable transactions within regulatory limits. Researchers from German crypto blockchain-based payments fintech etonec and other organizations have proposed using zero-knowledge proofs to ensure regulatory compliance and privacy in stablecoins. They have created a design that allows fiat-based stablecoins to...Continue Reading

The cryptocurrency exchange has offered a crypto/fiat Visa card in Brazil since last year and is expanding rapidly on international markets. Crypto.com has received a Payment Institution License (EMI) from Banco Central do Brasil, the central bank of Brazil. The license will allow it to “continue offering regulated fiat wallet services for customers in Brazil,” according...Continue Reading