Cryptocurrency Use Increasing in Cyber Crimes, Agent Claims

Crime, News | December 1, 2017 By:

US Immigration and Customs Enforcement (ICE) agent Matthew Allen said that many of the illicit activities conducted in cyber-enabled crimes are paid for with cryptocurrencies. The statement was part of his testimony for a Senate Committee on the Judiciary hearing, titled “S.1241: Modernizing AML Laws to Combat Money Laundering and Terrorist Financing.”

ICE is a US federal government law enforcement agency under the jurisdiction of the Department of Homeland Security (DHS).

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First Bitcoin Payment Accepted By ‘Big Four’ Accounting Firm PWC

Announcements, Blockchain, Now Accepting | December 1, 2017 By:

Accounting firm PricewaterhouseCoopers (PWC) has accepted its first bitcoin payment for advisory services.

PwC’s Hong Kong office revealed it is working with a number of startups involved in cryptocurrency and blockchain technology, prompting them to accept bitcoin. The firm also confirmed its advent into advising clients about crypto funds and investments,

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BitFlyer, Japan’s Largest Bitcoin Exchange, Now US Licensed

Announcements, News, Regulation | November 29, 2017 By:

Tokyo-based bitcoin exchange bitFlyer has officially launched its operations in the United States.

The exchange has been approved to operate in 41 states, including a “BitLicense” from the New York State Department of Financial Services (NYDFS). bitFlyer is the fourth crypto company to obtain a BitLicense and the first exchange from overseas to do so.

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