Blockchain a solution to boost AUSTRAC compliance
Following revelations of serious AML/CTF breaches by major Australian banks, blockchain is being identified as a possible solution.
Steven Pettigrove, Partner, Piper Alderman
Michael Bacina, Partner, Travers Thorp Alberga
Following revelations of serious AML/CTF breaches by major Australian banks, blockchain is being identified as a possible solution.
Libra have stated in a recent blog post titled, 'Five months and growing strong' that they have been "working diligently." on the project.
The Seoul Central District Court has sentenced Kang-Seok-jun, CEO of crypto exchange Coinup, to 16 years imprisonment.
The UK LawTech Delivery Panel's Legal statement of cryptoassets and smart contracts reinforces that the common law works with blockchain.
Hot off the heels of China's plans to establish a central bank-backed digital currency, the United Arab Emirates have drafted regulation.
Ledger has announced that is has obtained a crime insurance policy, covering digital assets secured by the Ledger Vault platform.
The BIS recently appointed Benoît Cœuré (member of the European Central Bank Board) as Head of the new BIS Innovation Hub for a 5 year term.
Royal Bank of Canada (RBC) is reported to become the first Canadian Bank to launch its own cryptocurrency exchange and offer bank accounts.
Central Bank issued cryptocurrencies are hitting the news - IBM have issued a report with some interesting insights.
Coke One North America, the IT firm behind Coca-Cola’s bottle manufacturing supply chain processes, is set to pilot a blockchain project.
The Australian has used the front page to attack Libra and make some serious claims about regulatory intervention - does it stack up?
Her Majesties' Revenue & Customs has provided a jolly good update of tax rules for crypto-asset companies operating in the UK.
Topco Associates, the largest American retail food group purchasing organization, will pilot a Mastercard backed blockchain solution.
Liquefy has inked a deal to be the technology provider for a consortium of Gulf families on a real estate digital securities project.
KoreConX has announced the launch of KoreNodes in twenty-three countries and five major regions around the world.
Mike Blandina, Chief Product Officer of Bakkt, recently released a blog post outlining plans to build trust in digital assets.
The Bank of Lithuania (BoL) has issued its first set of guidelines for Security Token Offerings
Bitcoin celebrated the 11th anniversary of the publication of its whitepaper by anonymous creator(s) Satoshi Nakomoto on 31 October 2019