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Crypto users criticise proposed change to FinCEN Travel Rule

Crypto users criticise proposed change to FinCEN Travel Rule

The US crypto users have criticised the new FinCEN proposal that aims to reduce the monetary threshold for collecting information on international transactions   The United States Federal Reserve and the Financial Crimes Enforcement Network (FinCEN) published a notice of proposal last month pitching for modification of a long-standing rule according to which all financial institutions […]

BlockApps collaborates with Bayer to launch crop tracking network

BlockApps collaborates with Bayer to launch crop tracking network

TraceHarvest can be leveraged for impactful use cases such as carbon offset crediting to food safety recalls, promoting both sustainability and consumer well-being BlockApps, the leading provider of blockchain technology for business networks, announced the launch of TraceHarvest, an agribusiness blockchain network aimed at revolutionising the management of agricultural products. The Ethereum based business network […]

Bitcoin is a payment mechanism, not security: SEC Chair Clayton

Bitcoin is a payment mechanism, not security: SEC Chair Clayton

The possibility of a Bitcoin ETF appears to be higher than ever as Clayton leaves the SEC as one of its longest-serving chairs The outgoing SEC Chairman Jay Clayton, who has been heavily criticised by the crypto community for his stringent views on Bitcoin and cryptocurrency, told CNBC that the agency’s general assessment was that […]

Waves Enterprise launches blockchain-based voting platform

Waves Enterprise launches blockchain-based voting platform

The platform uses blockchain, homomorphic encryption and cryptographic techniques to prevent fraud in the processes of voting and vote tallying The business-focused spin-off of the Waves project, Waves Enterprise, has announced the public release of its blockchain-based voting system targeted at low stake environments like corporations and board governances. The system uses blockchain technology at […]

COVID-19 pandemic helped bring new investors to Bitcoin

COVID-19 pandemic helped bring new investors to Bitcoin

While 55% of the interviewed investors expressed an interest in Bitcoin, nearly half of the participants also agreed that cryptocurrencies will be regarded as mainstream mediums of exchange by the end of the decade   Bitcoin reached another milestone in 2020 by rallying above $18,000 for the first time in three years. As traders attempt to […]

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