Cryptocurrency

payhound-selects-chainalysis’-crypto-compliance-solution-for-regulatory-and-operational-safety

Payhound Selects Chainalysis’ Crypto Compliance Solution for Regulatory and Operational Safety

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Reading Time: < 1 minute   Fintech crypto company Payhound has selected Chainalysis, the blockchain data platform, to safeguard operations from exposure to malicious activity and uphold strict compliance standards. With a strong commitment to combating illicit activities and a regulatory obligation to safeguard its customers, Payhound has chosen Chainalysis as part of its compliance…

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Singapore Gambling Regulatory Authority to Crack Down on Use of Crypto Assets

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  Singapore’s new gambling regulator, the Gambling Regulatory Authority (GRA), announced it has no plans to legalise the use of cryptocurrency within its land-based gaming industry as it continues to explore the use of crypto across video game and social gaming platforms. In what appears to be a continuation of Singapore’s general opposition to the…

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Turkish Authorities Seize Crypto Worth $40M in Gambling Raid

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  As part of their investigation into an unlawful gambling network, Turkish officials have confiscated $40 million worth of cryptocurrencies. When it comes to gambling, Turkey is quite strict. The government outlawed casinos in 1998. And since 2006, all forms of internet gambling have been illegal, with the exception of a single state-run service. The…

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Brazilian Senate Approves Cryptocurrency Law Project

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  Brazil’s Senate has passed a cryptocurrency law project that seeks to give more clarity and protect users from different cryptocurrency-related scams that have happened in the country. The project will now advance to the Chamber of Deputies, which will be responsible for debating and approving or rejecting this new project. The project was elaborated…

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FasTToken is the first to acquire the electronic currency license from Abu Dhabi

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  FasTToken (FTN), the official cryptocurrency of SoftConstruct, is set to boost tokenized economy. It will allow all partners and end-users to reap the benefits of said ecosystem by settling all their business arrangements with any brand under the SoftConstruct umbrella using FTN. Being of Ethereum’s ERC20 standard, the token sale of FTN along with…

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ASA Bans 7 Crypto Ads in the UK

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  UK advertisements watchdog has banned seven cryptocurrency ads by categorising them as “red-alert priority”. The banned ads include ones by Coinbase and Papa Johns. The Advertising Standards Authority (ASA) said its rulings follow proactive monitoring of cryptoasset ads, and form part of a wider project that will eventually shape specific guidance around advertising these…

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