know your customer
The GENIUS Act: Stablecoins Win Big but Privacy Takes a Hit
The US just embraced crypto, but only if it reports back to the motherland.
Senate Moves Forward With GENIUS Act Requiring Stablecoin Issuers to Enforce KYC, Monitor Transactions, and Report Suspicious Activity
The bill’s passage could set the stage for the US to become the global hub for digital currency, but at the cost of heightened surveillance and tighter control.
India’s Digital Identity Titan Faces Cybersecurity Scare, Highlighting Concerns With Digital ID
Signzy, a leading KYC fintech serving 600+ global financial institutions, faces scrutiny after a data breach linked to infostealer malware.
WEF Report Supports CBDC and Digital ID, Urges Public-Private Collaboration in Finance
WEF’s ambiguous stance on digital currencies raises eyebrows, suggesting a veiled push for CBDCs under the guise of collaboration.
MetaMask Starts Tracking User IPs
New policy.
Taking a Look at China’s Digital Currency
? The currency ditches two of the three tenets of cryptocurrency.
Facebook Rep Refuses to Say Whether Banned Users Will Be Allowed to Use Its Libra Cryptocurrency
He said he doesn’t yet know whether banned Facebook users will be able to use Libra and that the company must be thoughtful about this issue.