In order to help banks comply with a growing set of regulations, Elliptic is building a platform that enables banks and other businesses to gain more visibility into crypto transactions and identify illicit activity on the blockchain.
Government agencies, hospitals, higher education institutions, power companies and prominent business enterprises are among some of the sectors experiencing an onslaught of elaborate hacks and thefts as cybersecurity continues to garner increasing attention.
Looyens formerly held the position of Country Executive at ABN AMRO Bank in Spain, and he will be taking over from Nick Cowan, as the latter transitions into his role as CEO of the Gibraltar Stock Exchange (GSX) Group.
In this op ed, CoolBitX CEO Michael Ou argues that "anonymity contributes to cryptocurrency’s notorious volatility and makes it that much less likely that digital currencies will become stable stores of value."
SEC Commissioner Hester Peirce sat down with Gary Gensler, ex-chairman of the Commodity Futures Trading Commission to discuss the progress of the SEC’s efforts to regulate the cryptocurrency industry.
The current approach is a logistical “nightmare" for cities, the state and legal marijuana businesses, says the group. Paying taxes in cryptocurrencies like bitcoin could be a solution.
With its analytical capabilities, Neutrino will help Coinbase add new features and tokens to the platform, while ensuring "compliance with local laws and regulations."