PYMNTS

NOVEMBER 4, 2016

It’s been a varied week for bitcoin. First, some positive news: Bitcoin’s upward pricing trend continues, more or less. It opened this morning with a value of $742 and peaked at $744 (about as close as bitcoin has come to its year high since it hit $768 back in June). The reputation of bitcoin precedes it.

Bitcoin 76

Bitcoin Digital Currency Law Enforcement Legal Framework 76

PYMNTS

APRIL 28, 2019

Blockchain got a boost last week after the Ohio House Of Representatives introduced a bill that would let state government agencies use blockchain technology. If the bill passes, government agencies in Ohio could use blockchain for recording car titles or tracking hunting licenses online, noted the report.

Blockchain 59

Blockchain Legal Framework Bitcoin Cryptocurrency 59

Fintech News

JULY 17, 2024

Crypto bridges, which facilitate the transfer of assets between different blockchain networks, have become increasingly popular for money laundering. This trend highlights how criminals are exploiting the interoperability of different blockchain networks to further obscure the trail of illicit funds. billion in 2024.

Money Laundering 107

Money Laundering Law Enforcement AML Non-Bank 107

PYMNTS

NOVEMBER 28, 2019

27, the Swiss Federal Council adopted the dispatch on the further improvement of the framework conditions for DLT/blockchain, which is aimed at increasing legal certainty, removing barriers for applications based on DLT and reducing the risk of abuse. And during a meeting on Nov.

Legal Framework 57

Legal Framework NOV Transactions Settlement 57

PYMNTS

AUGUST 9, 2018

In other separate, individual company news, and germane to the world of blockchain, the B2B payments firm known as PayStand said this week that it has integrated with accounting and bookkeeping software firm Xero , with a goal of optimized B2B payments. The latter firm processes cryptocurrencies such as bitcoin and bitcoin cash.

Cross-Border 40

Cross-Border SWIFT Blockchain Cross-Border Payments 40

PYMNTS

JANUARY 15, 2021

To get a bit more granular, in an interpretive letter , the OCC said that regulated financial institutions (FIs) can participate in independent node verification networks (INVN for short – namely, a blockchain network). But those same payments mechanisms must be in compliance with various regulatory and legal frameworks.

Stablecoins 101

Stablecoins OCC Regulations Office of the Comptroller of the Currency 101

Clearly Payments

FEBRUARY 8, 2024

By enforcing compliance with legal frameworks, regulation not only upholds the integrity of the financial system but also safeguards national security interests. Cryptocurrency: The growing popularity of cryptocurrencies like Bitcoin and Ethereum as alternative payment methods has prompted regulatory scrutiny and debate.

Regulations 105

Regulations Electronic Fund Transfer Act (EFTA) Federal Reserve Electronic Funds Transfer (EFT) 105