New Zealand authorities are investigating a prominent Samoan church with links to a cryptocurrency labelled as a fraudulent pyramid scheme. The Department of Internal Affairs (DIA) probe into the Samoan Independent Seventh Day Adventist Church (SISDAC) – which has branches in New Zealand, Australia and Samoa – comes amid a seperate investigation by Samoa’s Central Read more
Posts Tagged ‘Cryptocurrencies’
Bitcoin, slavery and the Vatican
Monday, November 6th, 2017
The way bitcoin and other crypto-currencies are being used in the modern-day slave trade is a hot topic at the Vatican. Bank of Montreal senior manager Joseph Mari yesterday presented the Pontifical Academy of Social Sciences (PASS) with an overview of the role crypto-currencies play in money laundering. He also explained blockchain‘s potential in the money-laundering Read more