FinCEN states that it now receives 1,500 Crypto complaints a month

[ad_2][ad_1] The Financial Crimes Enforcement Network (FinCEN) receives more than 1,500 reports every month from financial institutions regarding cryptocurrencies, a senior official said. FinCEN director Kenneth Blanco, speaking at the Chicago Tech-Kent Block (Legal) conference, discussed the role his agency played in regulating cryptocurrencies. He noted that while cryptocurrencies may …

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Report: Facebook denies partnership with Stellar

[ad_2][ad_1] Facebook reportedly denied access to talks with the cryptocurrency company Stellar (XLM), Cheddar reported on August 10th. Previously, Business Insider reported that Facebook and Stellar were considering a potential partnership to build a Facebook variant of a stellar blockchain. [19659002] A Facebook spokesman told Cheddar that the company "is …

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WeChat tests using Tech Blockchain to reimburse employee expenses

[ad_2][ad_1] WeChat, an app for messaging services, social media and financial services owned by Tencent Holdings Limited, has implemented a blockchain electronic billing system at Shenzhen Guomao restaurant, making the city of Shenzhen the first in China to issue invoices with blockchain technology. The invoice blockchain process, which includes payment, …

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