Ireland adopts EU anti-money laundering directive
The Cabinet of Ireland gave their approval to a bill that transposes the criminal justice aspects of AMLD5 into national law.
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Goldman Sachs offloads stake in Ripple partner MoneyGram
The investment banking giant has sold a stake worth $6.5 million in MoneyGram, the remittance partner of Ripple, according to SEC filing.
Revolut losses triple amid growth in users
Digital banking startup Revolut has posted losses of over £106 million ($139 million) for 2019, up 300% on its losses for the previous year.
The CoinGeek Pulse: Episode 8
Facebook returned to its financial ambitions this week, while Goldman Sachs sounded a positive note on digital currencies.
Ohio fund manager denies $35M digital currency scam
Michael Ackerman, 51, has pleaded not guilty on counts of money laundering and wire fraud before a district court in New York.
Digital asset security firm CYBAVO announces support for Bitcoin SV
The move from CYBAVO is expected to provide its clients with Bitcoin SV infrastructure across the full range of their product offering.
New bank charter for digital assets lodged in US
The Office of the Comptroller of the Currency has proposed a new national bank charter for payment companies handling digital assets.
US judge concerned Block.one lawsuit ‘motivated by high legal fees’
The lead plaintiffs had filed incomplete and inaccurate information with the court, including unsubstantiated accusations against Block.one.
China’s Blockchain Service Network opens calls for public network integrations
The state-backed blockchain platform will prioritize public blockchains with strong developer communities working on scalable, real world applications.
Forsage scheme continues despite SEC investor warnings
Forsage has no legal standing to accept investments, or to sell investment products to the public, regulators in the Philippines said.
The CoinGeek Pulse: Episode 7
This week saw Russia making moves to back digital currency, bringing further developments in the legal position in the country.
Lawmakers urge ‘proactive policy’ for taxing digital currency staking rewards
In a letter to the IRS, the lawmakers explain how taxing staking rewards as income could lead to excessive tax burdens.