BMW Partners With Coinweb to Develop Blockchain-Based Vehicle Financing Automation and Loyalty Program in Thailand
BMW, the luxury car manufacturer, has partnered with Coinweb, a decentralized blockchain layer 2-based company, to introduce blockchain-based tools to its operations. The company will develop blockchain-based automation for vehicle…
Crypto Exchange Bybit to Add New Restrictions for Unverified Users, Update Withdrawal Limits
Cryptocurrency exchange Bybit has announced upcoming changes to its know-your-customer (KYC) policy that will limit certain operations for unverified customers. The stricter requirements concern coin purchases with fiat money, NFT…
Unless Something Changes, Bitcoin Adoption In The West Will Be KYC’d
Currently, Western bitcoin adoption is largely dominated by centralized, KYC and AML compliant exchanges. This is an opinion editorial by Robert Hall, a content creator and small business owner. What…
Mt Gox Saga Nears End of the Road — Creditors Required to Register With Exchanges, Bitstamp Selected by Trustee
Mt Gox creditors have been issued new information concerning their claims and it seems they now have until January 10, 2023 (Japan time) to register for a repayment method. The…
Mt Gox Creditors Updated, Trustee Says Rehabilitation Custodian Is ‘Currently Preparing to Make Repayments’
On August 31, 2022, the Mt Gox trustee Nobuaki Kobayashi explained in a recent letter that the rehabilitation custodian is “currently preparing to make repayments” to Mt Gox creditors. Trustee…
An Argument Against KYC Bitcoin That Everyone Can Understand
The reasons that KYC should never be the default are obvious when examined from a lens of security and privacy. This is an opinion editorial by Heady Wook, privacy advocate…
South African Crypto Investors and Service Providers Told of Legal and Tax Implications of Central Bank’s Plan
South African tax consultancy firm Tax Consulting SA, has said the recent announcement by the central bank — that will start to regulate cryptocurrency in 12 to 18 months —…
New Philippines Central Bank Governor: Crypto Investors Are Adherents of the Greater Fool Theory
The incoming governor of the Philippine central bank, Felipe Medalla, has suggested that people that invest in cryptocurrencies like bitcoin are adherents of the Greater Fool Theory. He also argued…