Latest from Daniel Palmer
New Law May Encourage German Banks to Offer Crypto Services From 2020
With the passing of new legislation, banks in Germany may soon feel more confident to offer direct sales and custody of crypto assets.
Canadian Fund Manager 3iQ Files Prospectus for Bitcoin Fund IPO
3iQ has listed the preliminary prospectus for its bitcoin fund as the next step toward an initial public offering (IPO), likely on the Toronto Stock Exchange.
A Third of Crypto Exchanges Have Little or No KYC, Says CipherTrace
Around one third of the top 120 exchanges are "weak" when it comes to know-your-customer (KYC) verification, while two-thirds "lack strong KYC policies," the firm said.
Swiss Government Moves to Remove Legal Barriers for Blockchain Development
The Swiss Federal Council has adopted a revised proposal to remove legal hurdles still holding up blockchain innovation, and will pass the legislation to the parliament.
Ripple-Backed Rental Firm Omni Shutting Down With Coinbase Snapping Up Dev Team: Report
Digital rentals marketplace Omni is shutting up shop, with Coinbase agreeing a deal to take on its engineers.
Another Crypto Exchange Is Dropping Privacy Coin Monero Over Compliance Risk
BitBay exchange is the latest to delist the privacy-focused monero cryptocurrency over AML concerns.
Another Class Lawsuit Claims Bitfinex, Tether Manipulated Bitcoin Market
Crypto exchange Bitfinex and its sister firm, stablecoin issuer Tether, have again been accused of working to manipulate the bitcoin markets. Bitfinex has called the suit "mercenary and baseless."
Exec Embezzles $22M From 'Influencer' Marketing Firm, Spends Nearly Half on Crypto Gambling
A U.S. man has pleaded guilty to having embezzled millions from his former employer and splashing the funds on personal expenses and crypto-funded online poker.
EU Launches Estimated €400M Blockchain, AI Fund to Avoid Lagging US, China
A new fund has been set up with the aim of preventing the EU falling behind nations like the U.S. and China on blockchain and AI innovation.
Mnuchin's Number Two Says Private Cryptos Pose Threat to Government Power and Will Be Watched
The deputy secretary of the U.S. Treasury has raised the specter of a not-so-distant future when private digital currencies have stripped some of the power from governments. Policymakers will take a "hard look" at that, he said.
