Remove Delaware Remove Fraud Remove Regulation Remove Security
article thumbnail

Bitcoin Daily: India Gov’t Makes Blockchain Regulation Recommendation; Bitfinex Ordered To Freeze $860K Of Bitcoin Paid By Ransomware Attack Victim

PYMNTS

The government’s policy and its regulations should be well known before enforcement happens, the policy said. said that national policy might not be enough in terms of crypto regulation. . “We Public statements, whether through the press or formal speeches, are helpful but are not official statements of application by the agency.

Bitcoin 132
article thumbnail

Blockchain Tracker: Banks’ Experimentation With Blockchain Tech

PYMNTS

As we reported just a few months back, this technology is set to disrupt the financial industry because it enables secure cross-border money transfers. Committing identity fraud is typically at the core of data-stealing schemes in an attempt to steal money. In the U.S. From the U.K. receiving £3.6

article thumbnail

Banking Is Only The Beginning: 30 Big Industries Blockchain Could Transform

CB Insights

Ultimately, the use cases for a transparent, verifiable register of transaction data are practically endless — especially since blockchain operates through a decentralized platform requiring no central supervision, while still remaining resistant to fraud. Payments and money transfers.