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Bitcoin Daily: WisdomTree US Money Manager Ventures Into Bitcoin Exchanges; Nordea Bank Cleared To Prohibit Employee Bitcoin Trading

PYMNTS

The British Virgin Islands has plans to release its own national cryptocurrency pegged one-to-one to the greenback so that its 35,000 residents can use it within its territory. “It was important for us and our members to establish what rights managers have. The government has partnered with startup LIFElabs on the launch.

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FEMA Looks At Blockchain To Aid Disaster Payouts

PYMNTS

These steps would allow much more rapid liquidation of an insurance policy, including a ‘disaster dividend,’ or a ‘harm’s way’ claim, which could be used to pay for evacuation-related expenses,” the agency stated in its latest National Advisory Draft Report to the FEMA Administrator.

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EU Probe: Danske Ignored Russia’s Money Laundering Warnings

PYMNTS

Earlier in the month, EU’s national banking supervisors, who oversee the EBA, did not agree with the proposal on the breach of rules and blocked any further action against Danish and Estonian regulators. The document illustrates how little action was taken to respond to the warnings, a move that the EBA says is a breach of EU rules.

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SBA Chief: Writing YOUR Success Story

Abrigo

During National Small Business Week , as we celebrate the 28 million small businesses that drive our nation’s economy, we also showcase the resources and services the SBA provides to entrepreneurs at every stage, whether they are starting up, expanding or getting through a tough time. Virgin Islands, and Guam.

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More PPP Funds Would Help CDFIs Lend Money To Micro Businesses

PYMNTS

Virgin Islands — offer loan money in times of disaster to businesses that typically can’t get funding from banks. CDFIs — which exist in all 50 states, the District of Columbia, Guam, Puerto Rico and the U.S.

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FinCEN AML/CTF Priorities Part 4: Counterproliferation

Abrigo

North Korea has been silently ramping up their nuclear capabilities for years despite increasingly tough comprehensive United Nations sanctions in place since 2006 that have banned most of the country’s exports and severely limited its imports. In early 2019 Syria used chlorine gas against its own nationals. Continuing education.

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