Money Laundering Fines Worth Billions Help Bankers Avoid Prosecution and Unpleasant Labels

The recent seizure of a cargo ship owned by JP Morgan, a vessel loaded with 20 tons of cocaine according to latest accounts, highlighted the risks of banks’ involvement in illicit activities, inadvertent or otherwise. And although U.S. authorities released the MSC Gayane after the owner, JP Morgan’s asset management arm, and the operator, Mediterranean…

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SEC Begins Green-Lighting Token Offerings

The U.S. Securities and Exchange Commission recently made history when it green-lighted two token offerings under Regulation A+. “This is the first time in U.S. history that a crypto token offering has received SEC qualification,” one of the two qualified issuers proclaims. Also read: G20 Leaders Issue Declaration on Crypto Assets – A Look at…

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Bitcoin Cash Multi-Party Escrow, Retail Adoption, and Upgrade Discussions

Another week has passed for the Bitcoin Cash (BCH) community and as usual, there’s been a bunch of announcements and developments. BCH supporters this week saw the release of a multi-party onchain escrow system, Ethereum cofounder Vitalik Buterin discussed using the BCH chain as a data layer, and more BCH-accepting merchants were onboarded. Also Read:…

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Bitcoin Cash Merchant Adoption Grows and Exchange Supports BCH in the Weekly Video Update

Businesses around the world continue to adopt bitcoin cash as a payment method and an exchange adds support for trading BCH. Watch these and other developments discussed in this week’s video update hosted by Roger Ver on Bitcoin.com’s Youtube channel. Also Read: Win 2019 Rugby World Cup Tickets When You Play at Games.Bitcoin.com Bitcoin Cash…

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Panda Group’s Crypto Terminals Offer Venezuelans a Bridge to Economic Prosperity

Arley Lozano, founder of the cryptocurrency based startup Panda Group, recently explained how his firm is spreading cryptocurrency adoption throughout Colombia and Venezuela. Panda Group has deployed 10 hybrid cryptocurrency point-of-sale (PoS) terminals that also act as automated teller machines (ATM). Four of the machines are situated near the border of Venezuela, giving refugees from…

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Georgia Exempts Bitcoin From VAT to Become the Next Country to Affirm Its Currency Status

Cryptocurrency taxation is a subject that concerns a growing number of users, traders and investors. An area that creates a lot of confusion among taxpayers is the application of VAT, or the value-added tax most countries levy on the sales of goods and services. Georgia has become the latest nation to free crypto-fiat transactions from…

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Expert Witness in Satoshi Case Claims Dr Wright’s Documents Were Doctored

The Kleiman v. Wright case continues this week and a slew of new evidence has been submitted to the Southern District of Florida courthouse. A supplemental affidavit stemming from the Kleiman estate’s expert witness, Dr. Matthew Edman, indicates that documents submitted to the court as evidence were “modified” and “backdated.” Also Read: Bitcoin Cash Scaling…

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