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Flow Secures01

12 Jun 23

SEC can’t keep Western financial system going forever

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Crypto.news’ editor Nicholas Ross Say shares his opinion on the US SEC’s recent crusade against crypto that cost the industry millions of dollars. He opines that innovation oppression won’t last forever. Disclosure: The views and opinions expressed here belong solely to […]

06 Apr 23

Tether used Signature Bank to access the US financial system

According to Bloomberg, Tether, the world’s largest stablecoin issuer, utilized Signature Bank to transfer funds from the United States to the Bahamas. Money was routed through the Bank’s Signet system Tether transferred funds from U.S. clients to Capital Union Bank, the issuer’s Bahamas-based banking partner. The transfers happened via the Signet payments platform of Signature […]

29 Jan 23

South Korea’s Ministry of Justice to enforce crypto tracking system in H1 2023

The Ministry of Justice in South Korea, through a Government Business Report released on Jan. 26, announced the primer of a ‘virtual currency tracking system’ to curb money laundering and recovery of proceeds of crime. Enforcement of the ‘virtual currency tracking system’ The ‘virtual currency tracking system’ will enhance the monitoring of digital transactions, retrieve […]

01 Jan 23

Former president of Russia says collapse of global financial system will accelerate crypto adoption

Dmitry Medvedev, the former President of Russia, believes that a worldwide financial collapse will result in widespread acceptance of cryptocurrencies. He predicts that both the US dollar and the euro will become less influential as reserve currencies. In a December 26 thread on Twitter, Dmitry Medvedev said the failure of the Bretton Woods monetary control […]

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