• Tether image money
    Opinion,  Tether

    Tether tries once again to prove it’s not being used by criminals

    By tapping Chainalysis’ anti-money laundering tools, the issuer of the world’s biggest stablecoin wants you to believe it’s on the job

    Tether, the company behind the world's most popular stablecoin, is doing its best to assure us that it is legitimate—and nobody is using tethers for any kind of funny business.

  • bitcoin use in dark markets growing
    Bitcoin

    Criminals are using bitcoin more than ever for illegal activity

    If police shut down one darknet market, another one opens

    After a small dip in criminal activity in 2018, total dark market activity, which included mainly drug sales but also things like stolen credit cards, soared 70% in 2019 to more than $790 million, according to a report released Tuesday by cryptocurrency forensic firm Chainalysis. 

  • (via Pixabay.)
    United States

    Finance professionals predict US first to global digital currency

    China’s digital yuan has a big lead, and a central bank representative called the creation of the first global stablecoin ‘a horse race.’

    China has spent five years preparing to launch the digital yuan, which might happen in a matter of months. But bankers and financial industry professionals surveyed at an industry conference in October still believe the United States will be the first to create a global digital currency.

  • What do we think of this thing? (via Pixabay)
    Bitcoin

    Chainalysis: Financial professionals love, fear Bitcoin

    Half of the bankers and financial professionals surveyed believe Bitcoin will beat the S&P 500 in 2020, but compliance concerns are keeping them away

    Financial professionals see a bright future for cryptocurrencies, yet the vast majority say legal and regulatory concerns are causing their clients are keeping their distance, according to a new study.