Ex-Investment Bank CCO Joins Bitcoin Exchange Kraken To Prepare For US Expansion

Bitcoin exchange Kraken has announced that financial compliance veteran Howard Bernstein has joined the company as chief compliance officer as the trading platform looks to expand to the United States. Bernstein, who has more than 20 years of experience in American financial regulations, constructed the entire anti-money laundering program of the publicly traded investment bank Merriman Capital, Inc. He also helped Merriman comply with SEC and FINRA requirements. Much like the current state of Bitcoin regulations, the compliance requirements for the SEC and FINRA were new and very unclear at the time. According to a Kraken blog post, Bernstein will help manage the company’s day-to-day compliance program and begin to engage regulatory officials and lawmakers. But the new CCO also […]

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3 Bitcoin Podcasts Featuring Industry Leaders

With the news of SoundCloud’s integration with Changetip, it only makes sense that there is a surge in appeal toward Bitcoin news and analysis podcasts. While constantly refreshing the most popular Bitcoin news sites is addictive to some, it does not always capture the true passion behind digital currency enthusiasts because they lack one thing podcasts have: a passionate voice. Whether you’re traveling on a WiFi-free flight, or waiting for the next price change, the Bitcoin podcasts below are sure to satiate your appetite.   Decentralize.fm Bitcoin Magazine had the chance to speak to Decentralize.fm’s Tony Sakish, who spoke about how they “did not want to be a podcast exclusively about Bitcoin, as there are plenty of those.” This led […]

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Citi Persuaded that Digital Money is Inevitable, Encourages U.K. Government to Create its Own

In March, after receiving more than 120 replies to a call for information on digital currencies, the U.K. government released a Treasury document titled “Digital Currencies: Response to the Call for Information,” which summarizes the submissions received and outlines the government’s views and proposed next steps. In particular, the government is launching a £10 million (U.S. $14.6 million) research initiative on digital currencies. One of the replies to the U.K. government call for information came from the global bank Citi. The bank is persuaded that digital money adoption is inevitable, and the U.K. government should consider issuing its own digital money, Finextra reports. The full text of the Citi document was obtained by CoinDesk via a Freedom of Information request. […]

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Gold Bullion Is “100% Guarantee from Legal and Political Risks” – Russia

– Gold is “100% guarantee from legal and political risks” – Russia’s central bank buys another 300,000 ounces in April – Russia views its overseas assets as vulnerable – ‘De Dollarisation’ continues across Asia – Gold offers protection from growing risks today Russia’s central bank once again increased its gold holdings substantially in April. They […]

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