THE BLOCKCHAIN WATCH
Federal prosecutor Kathryn Haun on how criminals use bitcoin — and how she catches them
Haun acknowledges that bitcoin and blockchain aren’t meant for illegal activities any more than cash is, but using other means to cover their tracks, bitcoin and other cryptocurrencies can be used for fraud, drug smuggling or other crimes. Forbes has the full story.
FinTech could be bigger than ATMs, PayPal, and bitcoin combined
FinTech investment reached $15 billion by mid-August 2016, a sign that the sector will continue to grow in the future. FinTech startups looking to become the next Visa, PayPal or Charles Schwab will have to focus on improving important areas like blockchain transactions, payments and transfers and insurance, among others, according to Business Insider.