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Bridging Real and Virtual Economies

In an era where decentralized finance (DeFi) promises revolutionary, permissionless, and credit-check-free access to financial services, the limitations to its application lie in the narrow range of digital assets it encompasses. But industry pioneers are working to widen its scope by introducing real-world assets (RWAs) to the digital realm. For instance, in collaboration with the Hong Kong Monetary Authority (HKMA), Ripple is embarking on a research project to try and tokenize real estate. This venture was made public about seven weeks ago as part of a broader initiative, the digital

The Fight for Financial Freedom

As the grasp of regulators tightens on the global cryptocurrency market, exchanges such as KuCoin are being compelled to implement mandatory pre-purchase checks. In tandem, several prominent banks are limiting funds transferred to cryptocurrency exchanges under the guise of protecting customers from fraudulent activities. In the background, the Financial Action Task Force (FATF) is looming over these rapidly evolving regulations. The FATF underscores the significance of Know Your Customer (KYC), Know Your Business (KYB), Know Your Transaction (KYT), and Anti-Money Laundering (AML) regulations applicable to all financial transactions, cryptocurrencies included.

Stablecoins Under Scrutiny

Amidst the market’s recovery from the recent onslaught of SEC crackdowns, rumors swirl over the potential targeting of stablecoins in their crosshairs. Such a move could have profound implications for cryptocurrency prices, making it crucial to gauge the likelihood of this scenario and the approach regulators might adopt. The largest stablecoins by market cap are Tether’s USDT and Circle’s USDC. Both are pegged to the US dollar and backed by various assets, typically highly liquid instruments like US Treasury bills. In theory, when someone wants to buy stablecoins from an

What payment method is Zimpler at online casinos?

There is a new payment method for online casinos almost every year. In recent years, for example, Bitcoin, Brite and Zimpler have become popular in the online casinos favored by Finnish players. New payment methods bring benefits to either the player or the casino, or both. For the casino, a new payment method can mean, for example, lower transaction or monthly costs, and for the player, the new method can simply be easier to use than the old methods.   Zimpler no longer works with an invoice Zimpler is a

BCypher and NexBloc Partner to Bring Advanced Cryptocurrency Transaction Compliance to Blockchain DNS

NexBloc will use BCypher’s forensics and profiling tools to identify risky addresses that may be used for domain acquisition. March 14, 2022, Road Town, British Virgin Islands. NexBloc inc. today announced a partnership with BCypher, the blockchain intelligence company, to deploy their transaction monitoring capabilities for ongoing risk management within the NexBloc blockchain domain naming system (bDNS). BCypher is a leader in blockchain analytics whose platform allows for AML verification, risk analysis, transaction monitoring, and clustering of addresses across any blockchain or token network. NexBloc will use BCypher to ensure