Bitwala Launches Mobile App for Bitcoin Banking

Bitwala, a blockchain banking service based in Germany, has launched a mobile application that lets users open a German bank account with an integrated bitcoin wallet on their smartphones. “Berlin-based Bitwala enables customers in more than 30 European countries to buy, sell, and store bitcoin,” according to a press release shared with Bitcoin Magazine. “The…

30th August 2019

JavaScript is disabled You need to enable JavaScript to use SoundCloud Show me how to enable it published on — Elwood AM plans to launch $1B crypto venture — Developer hints at a new Lightning Network vulnerability — Bitwala launches All-in-One mobile Bitcoin banking app — SEC settles charges with crypto token issuers — Top…

LocalBitcoins’ New KYC Rules Raise Privacy Concerns

Beginning September 1, 2019, legacy peer-to-peer bitcoin exchange LocalBitcoins will extend its know-your-customer/anti-money laundering (KYC/AML) requirements and, as a consequence, limit user ability to retain privacy. According to an official blog post published on June 18, 2019, the exchange has teamed up with identity verification technology provider Onfido, and a new account tier system will…