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).


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,


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.