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Showing posts from July, 2019

Swiss Cryptocurrency Finance App Gains Nationally Recognized AML License

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The Aximetria-based personal finance application has been licensed for financial standards recognized by Swiss regulators. In a July 29 public announcement to Cointelegraph, Aximetria, headquartered in the country, said that the Swiss Financial Standard Standards Association (VQF) license would allow it to function as a cryptocurrency broker and streamline its process integration. The VQF license is approved by the Financial Market Authority (FINMA), the Swiss financial regulator. The award means that the current operator performs the tasks in accordance with the rules of the Money Laundering and Knowledge Management (KYC). "The Swiss license is of importance to Aximetry and its customers, partners, investors and the entire industry, including the blockchain ecosystem," said Alexey Ermakov, founder and CEO of Aximetria. press release. He continued: "Compared to the EMI license, which is the most popular regulatory standard for European and British companies,

Court Invites on Craig Wright’s Wife to Testify in Ongoing Kleiman Case

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Judge Bruce Reinhart, who oversaw Kleiman v. Wright, has requested international help to call Ramon Watts, wife of Craig Wright, headed. Judge Reinhart sent his request to the Queen's bench master at the High Court in Strand, London, according to a writ of 22 July. According to the classification, Reinhart submitted a request because he considered that the invited witnesses - a total of three - had evidence directly relevant to the case. As for Watts, Reinhart wrote that he was called to produce documents, press releases, and testimonies about the many facts involved. This includes Wright's allegedly creating Bitcoin, communications between David Kleiman and Wright, and information about W & K Info Defense Research. https://jvz6.com/c/1186489/317331 The memo also highlights several areas Wright has testified, suggesting that Watts would be aware of the relevant information. The deposit claims Wright testified about Watts, saying he explained how to create Bitcoi

Cryptocurrency Data Startup Digital Asset Data Earns $3.2 Million Funding Round.

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Digital Asset Data, a young cryptocurrency, and a financial engineering company announced that it received $ 3.2 million in a statement on July 25th. The circuit that led Silver Lake and Glenn Hutchins According to a press release, the course was run by North Island's investment firm and co-founder of Silver Lake's private investor group, Glenn Hutchins. New funds, together with the original $ 6 million co-funded by Cointelegraph in April, bring the total of funds received at $ 9.2 million. By launching, asset management tools, and other market participants will be able to analyze cryptographic assets, market data, reference data, and customer data from multiple sources. The company says the platform launched in March helps its customers combine their knowledge of the digital asset market. Also, Hutchins, as reported, joined the Digital Information Board and commented: "Digital property data has built a comprehensive, institutional data platform that can serve a

Tether and Bitfinex Double Down on Claim of No Customers in New York

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Attorneys of Bitfinex and Tether, who are in the process of attending the New York Attorney's Office (NYAG), filed a few cases on July 22, stating that the companies were never serving their clients in New York. In this paper, attorney Stuart Hoegner pointed out that the terms of the Bitfinex service provided that the clients who transacted were foreign entities: "By Bitfinex and Tether Terms of Service, Acceptable Contracting Parties (" ECPs ") negotiating with Bitfinex or Tether must be non-affiliated entities. While these affiliates may have shareholders or staff resident or having contacts with the United States or New York, Bitfinex and Teter customers are themselves, outsiders ... Bitfinex and Tether do not trade with any PCU from New York. " In the second file, representatives of Steptoe & Johnson LLP and Morgan, Lewis & Bockius LLP, wrote: "... due to personal jurisdiction, the KGR [State Attorney's Office] can not show indictment

Palestinian Authority Considering Cryptocurrency to Replace Israeli Shekel

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Palestinian PM Mohammad Shtayyeh reiterated that his government is considering using cryptocurrency as an alternative to the Israeli currency in fiat de shekel, local media in Al-Monitor reported on July 22 in English. Shtayyeh at the opening of the Palestinian Center for Emergency Response in Ramallah on July 9 said that he would consider all possibilities for improving the Palestinian economy freedom that Israel can not block. During his first appearing on Palestinian television, after assuming office in April, he allegedly said: "The Palestinian economy has about $ 25 billion [$ 7 billion] in circulation in the local economy, but we do not have to depend on the scales." Al-Monitor explains that the Paris Protocol was signed in April 1994 by Israel and the Organization for the Liberation of Palestine, giving the Palestinian Monetary Authority the power of the central bank, but could not issue banknotes. The Protocol further states that the Israeli shekel should b

Circle CEO Receives Justin Sun’s Invitation to Warren Buffett Lunch

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Jeremy Allaire's Executive Director will attend a handwritten crypto power together with Warren Buffet, executive director of Berkshire Hathaway, executive director of Trin Justin Sun and creator of Liteco's Charlie Lee. On July 19th, Allair accepted the Sun's invitation to Twitter to join a much-anticipated $ 4.6 million lunch with the famous Bitcoin Skeptic (BTC) to discuss the problems of the cryptographic industry. Just three minutes after Sun sent an invitation, Allaire announced that he was honored to join, adding that the meeting would be an excellent opportunity for Buffett and representatives of the cryptographic community to learn from each other. For the first time released at the beginning of June, after Tron's CEO won a charity auction on eBay, lunch will be held on July 25 at a Quince three-star restaurant in San Francisco. Allaire will be one of seven friends who can follow the Sun at his lunch with Buffett. As such, Sun has announced that h

We Don’t Need Libra; We Need Technology Says BlackRock CEO

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Chief Executive Officer of the World's Largest Blackberry Stockbrokers, said that Facebook did not consider it a cryptosystem. The need for democratization of foreign exchange transactions In an interview with CNBC's Squawk Box on July 19, BlackRock's Larry Fink emphasized the imperative of democratizing currency exchange in cross-border transactions and reducing trading costs. The Executive Director of Finance highlighted the current problem of overloading cross-border transactions, saying that people who need to send money around the world usually do so via organizations that charge 5 to 10 percent of the cost. To reduce interbank fees, the world does not need Libra, but technology However, the finance director claimed that the world was not needed to create a new currency for the democratization of global money transactions, suggesting that this should be achieved by technology: "Actually, I believe in the idea of ​​the Vaga - I do not think we need to

Buy Bitcoin? Trump Says the US 'Should Match' China’s Money Printing Game

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US President Donald Trump suggested to the United States to manipulate Chinese and European currencies with "MATCH," causing a fall in the value of the banknote. The president shared his thoughts in a tweet on July 3rd: "China and Europe play a big game of manipulation with money and inject money into their system to compete with the United States. We need a MATCH, or still, be models that sit idly and watch while other countries continue to play their games - as they did a lot of years! " The new attack comes even though the Trump government officially stopped criticizing China for devaluing its currency for unfair commercial benefits just two months ago. At crypto twitter and Reddit, commentators quickly noticed that, in the light of this "embarrassing" monetary policy, Trump's twitter is almost the same as "a direct order ... to buy bitcoins." Trump's nominee Judy Shelton nominated just a day before saying she would "try to