Tag: regulatory compliance

Irish Authorities Struggle to Access $380 Million in Bitcoin Seized from Drug Dealer

In 2019, the Irish Criminal Assets Bureau seized approximately $380 million worth of Bitcoin from Clifton Collins, a convicted drug dealer. Collins acquired this substantial sum through his cannabis operations. However, the authorities are currently facing an insurmountable obstacle: the access codes to the Bitcoin wallets are lost. These codes, crucial for accessing the digital […]

UK User Data Pulled from LinkedIn's AI Development

LinkedIn, the renowned social networking platform owned by Microsoft, has recently put a halt on utilizing user data from the UK in its artificial intelligence training processes. This pause is a direct response to increasing scrutiny from the UK’s Information Commissioner’s Office (ICO) and highlights the rapidly tightening regulatory landscape surrounding personal data usage in […]

Securitize's Cross-Chain Upgrade: A Game Changer in Tokenization

On September 20, 2024, Securitize, a prominent tokenization platform backed by BlackRock, announced a significant collaboration with the Wormhole Foundation. This partnership aims to enhance the cross-chain capabilities of tokenized assets, a development that could reshape the landscape of both traditional and decentralised finance. Central to this agreement is the customization of Wormhole’s messaging protocol […]

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