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KPMG and Chainalysis Partner to Enhance Crypto Fraud Detection and Compliance – Bitcoin News

November 23, 2023

KPMG in Canada and Chainalysis have entered into a strategic partnership aimed at strengthening efforts against crypto asset fraud. This alliance, marking KPMG’s entry into the Chainalysis Solution Provider program, is focused on providing enhanced monitoring and risk management tools for cryptocurrency exchanges, financial institutions, and government agencies. The announcement on Wednesday…

US Lawmaker Urges Congress to Focus on Attracting Crypto Opportunities to Bolster National Security – Regulation Bitcoin News

November 23, 2023

A U.S. lawmaker has called on Congress to focus its efforts on bringing more crypto activity and opportunities to the United States in order to “bolster U.S. national security.” Citing the Department of Justice’s action against crypto exchange Binance, the lawmaker…

Lightspark's CEO David Marcus Recognizes Current Non-Custodial Lightning Network Solutions Imply 'Some Form of Compromise' – Bitcoin News

November 23, 2023

David Marcus, co-founder and CEO of Lightspark, an institutional Lightning Network (LN) payment solutions provider, referred to the state of custodial and non-custodial transactions on the network. While Marcus believes that custodial LN for institutions is ready for prime…

Africa-Focused Crypto Exchange Yellow Card Bags Africa's 'Disrupter of the Year' Award – Africa Bitcoin News

November 23, 2023

Yellow Card, the Africa-focused crypto exchange, recently won the African financial industry’s 2023 “Disrupter of the Year” award. The crypto exchange’s CEO described the award as a recognition of Yellow Card’s role in “solving important, practical problems across the continent for businesses.” Award Reserved for Businesses Demonstrating ‘Resilience in Complex Times’ In what has…

Bitcoin Technical Analysis: BTC Holds Steady After Binance Settlement and Fed Minutes – Markets and Prices Bitcoin News

November 23, 2023

The price of bitcoin is coasting along under the $37K range following the recent settlement between the U.S. Department of Justice (DOJ) and Binance. At the same time, the U.S. Federal Reserve’s minutes were released on Tuesday showing no signs of any possible rate cuts or…

Bit.Store Introduces Privacy-First Virtual Crypto Mastercard and Unveils Website’s New Look – Press release Bitcoin News

November 23, 2023

PRESS RELEASE. Bit.Store, a pioneer in the Web3 revolution, is delighted to introduce its freshly redesigned website and the official release of the Bit.Store Virtual Crypto Card. With an unwavering commitment to facilitating seamless crypto transactions, Bit.Store is…

SEC Identifies 16 Crypto Tokens as Securities in Kraken Lawsuit – Legal Bitcoin News

November 22, 2023

The U.S. Securities and Exchange Commission (SEC) has identified 16 crypto tokens as securities in its lawsuit against cryptocurrency exchange Kraken. Some of the alleged crypto securities were the same as those highlighted in the SEC’s lawsuits against Coinbase and Binance. Kraken’s CEO stressed: “We strongly disagree with the SEC claims, stand firm in our view that we do not list…

Mastercard and Feedzai Collaborate to Increase Crypto Fraud Protection for 900 Million Consumers Globally – Security Bitcoin News

November 22, 2023

Mastercard is collaborating with Feedzai to “increase crypto fraud protection for hundreds of millions of consumers.” In pairing the technologies offered by the two companies, “Feedzai’s customers, who collectively protect over 900 million consumers globally, will…

Centralized Provider Problem Causes Nationwide Digital Payment Meltdown in Spain: Users Turn to Crypto and Cash – Bitcoin News

November 22, 2023

A problem with Redsys, a third-party platform used in all of Spain, caused a meltdown for almost all of the digital payment options in the country, leaving citizens without means of payment for hours. The incident left stores without the possibility of using credit and debit…

Binance Faces $4 Billion Demand From US Justice Department to Settle Criminal Case: Report – Bitcoin News

November 21, 2023

Cryptocurrency exchange Binance is reportedly facing a $4 billion demand from the U.S. Department of Justice (DOJ) in order to settle a criminal case. The Justice Department has been investigating Binance on allegations related to money laundering, bank fraud, and sanctions violations. US DOJ Wants $4 Billion From Binance The U.S. Department of Justice (DOJ) is reportedly seeking more than $4…