Former Chainalysis brass is now FinCEN’s acting director

The current acting director of the Financial Crimes Enforcement Network, or FinCEN, will bid farewell to the governing body in April. His replacement: Michael Mosier, Chainalysis’ former chief technical counsel.  “Director Kenneth A. Blanco today announced several leadership changes impacting the bureau,” said a public statement from FinCEN on Friday, adding: “Director Blanco announced he will depart FinCEN on April […]

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Stocks Hit All Time High on Red Hot Economy

S&P 500 futures have risen to a new all time high today as bullishness returns to stock markets following some very positive economic data. Manufacturing last month rose to 64.7, up from 60.8 in February with any figure above 50 suggesting an expansion. Some 916,000 jobs were added last month in the United States, significantly more than the estimated 647,000. […]

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Chainlink releases native Substrate module to bring its oracles to Polkadot

Polkadot and Chainlink have announced the release of Chainlink’s Price Feeds as a module, or “pallet” in Polkadot terminology, for the Substrate blockchain framework. The release means that any project building on the Substrate framework — which includes Polkadot and Kusama parachains, as well as independent blockchains — can integrate Chainlink oracles through a simplified library. The announcement comes as […]

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Japan Set To Implement FATF Travel Rule for Crypto By 2022

Japan is set to tighten up cryptocurrency laws by implementing the Financial Action Task Force (FATF) travel rule. According to the Financial Services Agency (FSA), this will help tackle money laundering in the Asian country.  FATF Rule to Be Adopted by 2022 FSA revealed on Wednesday that it would implement the FATF travel rule by April 2022. The regulation to […]

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Bitcoin surge could be driving digital yuan interest, says People’s Bank of China

The cryptocurrency space may be helping to spawn its own competitors after a representative of the People’s Bank of China said Bitcoin’s (BTC) recent surge had caused renewed interest in the nation’s digital yuan project. The digital yuan is China’s central bank digital currency, and like all CBDCs its foundational principles are completely antithetical to those of the cryptocurrency space. […]

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Argyle Coin founder escapes $4.5M penalty in digital currency fraud

The founder of a multi-million Ponzi scheme has escaped paying a $4.5 million civil penalty to the U.S. Securities and Exchange Commission (SEC). Jose Angel Aman from Florida started the digital currency company, Argyle Coin, which he allegedly operated along with Canadian radio host Harold Seigel and his son Jonathan Seigel. Authorities said Aman operated three consecutive Ponzi schemes, aka […]

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Messari: New Coinbase listings really do outperform rival exchanges

Crypto analytics provider Messari has compiled a report concluding that the fabled “Coinbase effect” — the popular belief that new token listings on Coinbase tend to outperform launches on other exchanges — is true. But the effect is far from consistent, and after controlling for outliers, it’s not as great as many assume. Messari analyzed the performance of 28 new […]

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