The offering streamlines Web3 business' ability to maintain KYC compliance in the US as they navigate the regulatory landscape.
Quadrata launched Web3 passports on the ethereum network, handing out non-transferable NFTs after AML checks.
There is poetry in the symmetry of this situation. Bitfinex is looking to raise $1 billion in capital to support the most popular stablecoin Tether, which it controls. Facebook is reportedly looking to raise $1 billion in capital from First Data, Visa and Mastercard and other payments companies to shore up its own stablecoin asset. Poetry is where the similarities end, and all these devils are in the details.
The world watched as seemingly invincible giants in the ecosystem crashed and burned — each one filing for bankruptcy and facing endless lawsuits that rage on.
Ethereum is shifting to PoS and some think it's a mistake. Flux believes it could be the successor in the PoW space.
The principle behind Mastercard’s CipherTrace acquisition, L1 growth, and IRS getting your bank data
Paying attention is the path to seeing and doing. Mastercard has bought CipherTrace to see blockchain-based finance, to launch new businesses, and to plug in more networks into its nexus. The crypto networks proliferate at every layer, creating more computation on Ethereum, Polygon, Arbitrum, Optimism, Fantom, and Solana. The US executive seeks to see more too, asking the banks for their records of financial transactions to enforce taxation compliance.
DeFi and Cefi, while both playing in the same ball park, have critical differences essential to the development of digital finance.
Gov. DeSantis has said that Florida won't accept a CBDC, due to privacy and surveillance concerns. Stonewalling could be part of the problem.
In the wake of the eth merge, speculation of skyrocketing value has been forgotten, and a divide in the community gaped open.
For more than a week, thousands of crypto devs and eth fanatics poured into Denver for the latest ETHDenver conference.