Digital Asset Credit Union

The best regulated businesses should have the lightest infrastructure. The beautiful thing about bitcoin is that you are decentralising security to the rest of the network and that is something to be harnessed. My favourite idea...

Taking your Digital Currency Business to the US – Tackling State-Level Requirements

Taking your Digital Currency Business to the US – Tackling State-Level Requirements Source: DIACLE

Hardcoding compliance into protocols

On the 5th May 2015, FinCEN reported a fine against Ripple Labs on a number of counts of violations of the Bank Secrecy Act. We have reported this on Merkle Tree here and here. There...

Bitcoin has gone from worst to best currency – has the forex industry embraced...

Bitcoin was deemed to be by Bloomberg the Worst Currency of 2014. According to Bloomberg in 2014 “he digital currency peaked at a value of $1,130 just over a year ago. Its plunge of...

Use EU Law to power your Virtual Currency Exchange

Use EU Law to power your Virtual Currency Exchange Source: DIACLE

International Telecoms Union – Speech by Adam Vaziri

International Telecoms Union – Speech by Adam Vaziri Source: DIACLE

Breathing life into digital assets

In this document we explore the concept of an Electronic Realtime Agreement (ERA) (aka smart contract) and its various uses within a legal context. The use of ERA rather than smart contract is primarily...

Easier to set up a Bank than a Virtual Currency Exchange? Impact of EBA’s...

On 11 August 2016, the EBA wrote an Opinion on the application of 4AMLD to VC exchanges and wallets. The EBA mentions that VC exchanges and wallets operating in multiple countries in the EU “may...

Digital tokens – a regulatory perspective

Terminology Loosely we are using the word ‘tokens’ to provide a neutral definition for this technology. The key distinction from a regulatory point of view is whether the token is a digital currency which will...

IMTC

 IMTC panel in Miami. Great to see the mix of real world remittance meet the blockchain and its promise of cheaper/more efficient remittances. Source: DIACLE