With a disastrous year firmly behind its XRP token, there’s no stopping Ripple in 2020. Its major partner MoneyGram just received a $9 million investment from NYSE-listed Brinks. Brinks Invests $9M in MoneyGram As the global leader in total cash management, The Brink’s Company (NYSE: BCO) announced today that it had invested $9 million in
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Social media networks with crypto aspirations must guard their systems against criminal exploitation, the U.S Treasury Department’s deputy fiscal crimes enforcer said at an anti-money laundering (AML) conference. In prepared remarks, Jamal El-Hindi, deputy director of the Financial Crimes Enforcement Network (FinCEN), said these “new payment technologies” need to be held to the same AML
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Wikipedia co-founder Jimmy Wales has expressed skepticism regarding top-10 digital currency Bitcoin SV (BSV), claiming that the coin “offers nothing for Wikipedia.” Wales made his statement right after the team behind the CoinGeek London conference — which promotes Bitcoin SV to stakeholders — announced his participation as a keynote speaker. Wales’s questionable participation “Until the
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Perhaps the two most prominent supporters of Bitcoin’s (BTC) Lightning Network have seen their share prices rocket this week as the technology gains fresh recognition. Data covering the share prices of Twitter and sister company Square, the payment gateway which directly supports Bitcoin, shows both companies sealed major gains in recent days. Cash flows towards
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BlockQuake, a New York digital asset exchange launched in beta, has partnered with Nevada-based trust company Prime Trust, the firm announced Wednesday. Prime Trust began offering custody services for the crypto industry in late 2018, serving crypto firms like Binance, OKCoin and Bittrex to name a few. Prime Trust will perform know-your-customer (KYC) and anti-money-laundering
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A new institutional settlement solution that allows clients to trade directly from their custodial accounts has completed its first transaction. Digital asset trading infrastructure provider SettleBit announced this week that it had successfully transferred $100,000 in bitcoin from Prycto Digital to CMT Digital in roughly 10 minutes using a claimed first-of-its-kind settlement layer to facilitate
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