Report: Mexican Crypto Exchanges Pose a Lesser Money Laundering Threat Compared to Commercial BanksBy Arnold Kirimi • Aug 28, 2020Money laundering in Mexico is a major problem although the South American nation has taken a number of steps to strengthen...
American Cryptocurrency Tax Defaulters Receive Another Warning LetterBy Arnold Kirimi • Aug 27, 2020Internal Revenue Service ( IRS) has sent another stack of letters to alleged cryptocurrency tax defaulters. The letter warns U.S. crypto...
South Korean Authorities Confiscate Major Crypto Exchange for Wash TradingBy Arnold Kirimi • Aug 26, 2020The oldest newspaper in South Korea, Seoul Shinmun, reported on August 26 that the third-largest cryptocurrency exchange in the country, Coinbit,...
Australian Fintech Platform Sues Ripple Over Brand Identity MisdemeanorBy Arnold Kirimi • Aug 26, 2020Ripple faces trademark infringement charges pressed by the Australian Fintech Platform New Payments Platform (NPPA). The firm filed a lawsuit with...
China’s Blockchain and Fintech Superiority Might Oust America-led Global financial System, Says Ripple Co-founderBy Arnold Kirimi • Aug 25, 2020China leads the world in terms of blockchain and fintech, while the US dollar is the reserve currency of the world....
Indian Citizen Indicted after Purchasing Drugs Worth $27,000 Using Bitcoin on Dark WebBy Arnold Kirimi • Aug 24, 2020There is no question that cryptocurrencies, by providing easier access to capital and financial services, have the potential to enable social...
Ethereum Miners Hit Back at Plan to Cut Miner Rewards by Over 70%By Arnold Kirimi • Aug 21, 2020A fresh proposal for an Ethereum improvement (EIP), aimed at reducing block rewards by a massive 75 percent, caused severe disapproval...
OmiseGo (OMG) Token Surges by 156% Following USDT Integration to Hit $8.79By Arnold Kirimi • Aug 21, 2020OMG tokens might be the hottest crypto asset in the market right now. On August 20, Tether announced the integration of its stablecoin,...
USDT Surpasses Ripple (XRP) to Recoup Top 3 Cryptocurrency SpotBy Arnold Kirimi • Aug 21, 2020Tether (USDT), the most popular stablecoin in the world, is yet again battling Ripple’s XRP for the top three spots. Can...
Proposed Pan-Europe Crypto and Digital Finance Regulation Framework to Boost Crypto Assets GrowthBy Arnold Kirimi • Aug 20, 2020According to a recent report by the financial news agency IFC Review, the European Commission, the law-making arm of the European...