Monthly Archives: March 2018

ECB, Bank Of Japan Publish Findings On Project Stella Phase 2

On Tuesday, the European Central Bank and the Bank of Japan released a joint report on part two of Project Stella, which focused on securities settlement systems: delivery versus payment (DvP) in a distributed ledger environment. Although securities settlement is conceptually possible in single-ledger or cross-ledger DvP systems, the banks said that additional study would… Read More »

Criminal Bitcoin Trader Found Guilty of Money Laundering in Arizona

Criminal Bitcoin Trader Found Guilty of Money Laundering in ArizonaThough many convicted criminals serve time and receive help reforming, for one Bitcoin trader, his record continues to grow from felony marijuana charges to money laundering. First reported by CCN earlier as an “unlicensed money transmitting business,” it appears as though Thomas Mario Costanzo, who often… Read More »

Not Everyone’s a Fan of the CFTC Chairman aka ‘Cryptodad’

Not Everyone’s a Fan of the CFTC Chairman aka ‘Cryptodad’As commodities regulators go, few have managed to attain the cult following that US Commodity Futures Trading Commission (CFTC) Chairman J. Christopher Giancarlo has assembled in recent weeks. However, the markets supervisor — nicknamed “cryptodad” by cryptocurrency enthusiasts — is finding that this newfound fame does… Read More »

Korean Insurer Denies Claim from Bankrupt Cryptocurrency Exchange Youbit: WSJ

Korean Insurer Denies Claim from Bankrupt Cryptocurrency Exchange Youbit: WSJOne of South Korea’s largest insurance companies has denied a claim from cryptocurrency exchange Youbit in the wake of a December cyberattack that bankrupted the firm’s parent company. The Wall Street Journal reports that DB Insurance denied a $2.8 million claim from Yapian Corp. — Youbit’s… Read More »