Tag: Crypto

The early days of cryptocurrency were based around the idea of anonymity. However, to bring the asset type into the financial ecosystem, this has changed. Know your customer services aim to ensure cryptos cannot be used for illicit activity.

Cryptio, an accounting, audit and tax software for cryptocurrency, has picked up $10m in its Series A round.

The Central African Republic has become the second country globally to adopt Bitcoin as an official currency following El Salvador’s introduction last year.

The European Parliament has voted to introduce new regulatory measures that would essentially restrict cryptocurrency transactions by anonymous accounts.

BearTax, a cryptocurrency tax platform, has netted $3.2m in its seed funding round, which was led by Seattle-based investor Ascend.

Crypto wallet and payment platform Zumo has unveiled a pilot renewable energy purchase program aimed at making the crypto sector more sustainable.

Napier, a supplier of advanced anti-financial crime compliance tools, has implemented its AI technology into cryptocurrency payments service BCB Group, to improve anti-fraud capabilities.

The US Securities and Exchange Commission (SEC) has slapped a $10m fine on crypto firm Poloniex for operating an unregistered cryptocurrency exchange.

FNA (Financial Network Analytics), which specialises in advanced network analytics and simulations, has received an investment from German cybersecurity firm Giesecke+Devrient (G+D).

The Bank of England (BofE) FinTech chief has said the introduction of a central bank digital currencies (CBDC) doesn’t require a trade-off between privacy and tackling financial crime.