It may sound like something from a dystopian cyberpunk movie, but payment providers could soon be validating transactions by the way users walk, their heartbeat, veins, and more. Mastercard has recently revealed they “have been testing heartbeat, vein technology, and the way people walk to authenticate people.” The high tech proposal, designed to fight hackers […]
The Finnish Customs service is puzzling over what to do with seized 1,666 bitcoins as their value has soared almost 2,000% to over $15 million
Wells Fargo, one of the largest U.S. financial services companies, has agreed to pay $3 billion to resolve the U.S. government’s investigations into fraudulent sales practices spanning over 15 years. The Wells Fargo fraud case involved the company forging customer signatures, moving money from millions of customer accounts to unauthorized accounts, and misusing customers’ sensitive […]
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Tax season is one of the most dreaded times of the year for many, and when the added confusion of filing crypto returns is thrown into to the mix, things can get even stickier. News.Bitcoin.com recently talked with Clinton Donnelly of Donnelly Tax Law, a service that specializes in crypto returns. The U.S. Treasury-licensed Enrolled […]
The post How the IRS Audits Cryptocurrency Tax Returns – Filing Expert Shares Example, Insights on AML Focus appeared first on Bitcoin News.
Dutch financial authorities have arrested two men for laundering money with cryptocurrencies
Oil companies are trialing blockchain to slash costs and increase security — “More than 40% of executives in oil and gas sector are considering blockchain.”
Major global crypto AML service provider Chainalysis does not support full transparency in crypto despite not being able to track all privacy coins
The CEO of Bitcoin media site Coin Ninja and founder of crypto wallet provider DropBit has been arrested for allegedly laundering $311 million with Bitcoin tools
The story of Onecoin and cofounder Ruja Ignatova might be seen on television sets in the near future. Reports detail that New Regency Television International participated in a bid for the rights to the BBC Sounds podcast “The Missing Cryptoqueen.” Also read: The Fallout From Onecoin’s Ponzi Scheme Continues to Impact Investors New Regency Television […]
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What’s next for suspected Bitcoin money launderer Alexander Vinnik as French authorities slam money laundering and conspiracy charges against him?