Int’l watchdog readies crypto-related AML rules for June 2019 rollout
Business 22 October 2018

Int’l watchdog readies crypto-related AML rules for June 2019 rollout

Under the changes to FATF global standards, crypto exchanges, certain types of wallet providers and providers of financial services for ICOs will be subjected to AML/CFT regulations, such as conducting customer due diligence including ongoing monitoring, record-keeping, and reporting of suspicious transactions.

Foxconn-backed Ennoconn to assemble Squire's next-gen mining rigs
Tech 11 October 2018

Foxconn-backed Ennoconn to assemble Squire’s next-gen mining rigs

Canadian Securities Exchange (CSE)-listed public company Squire Mining Ltd. revealed on Thursday that it has tapped Taiwanese firm Ennoconn to be the hardware manufacturer for its next-generation systems that will mine Bitcoin Cash (BCH), as well as other associated cryptocurrencies.

Court slaps Colorado illegal crypto pool operator with $1.9M fine
Business 24 July 2018

Court slaps Colorado illegal crypto pool operator with $1.9M fine

A New York court has found Dillon Michael Dean, a Colorado-based cryptocurrency pool operator, of fraud charges. Dean’s company, The Entrepreneurs Headquarters Limited (TEH) has been the subject of an early 2018 lawsuit by the U.S. Commodity Futures Trading Commission.