New Raze Heavy-Duty Electric Chain Hoist – New Products and Services

A new heavy-duty electric chain hoist, available in a range of capacities from 1/8 to 5 tons, is being offered to North America immediately via premier online distributor cranedepot.com. Raze is built specifically for production environments and has been launched as a competitor to other high-end hoists on the market, but is expected to offer economical and operational benefits to anyone looking for a durable, high-performance lifting product. cranedepot.com, a distributor of cranes, winches, pallet trucks, chain hoists, and many other types of lifting equipment, is the first vendor to offer Raze to the U.S., Canada and Mexico. Collin Caudle, senior director of sales at cranedepot.com, said: “Everything about the Raze concept aligns the product with our dealer platform. We can offer the highest quality products at the lowest prices and this latest hoist to hit the market is the hoisting embodiment of that ethos. Look at the specs and features in comparison to more established products out there and industry will note an opportunity, simply, to get more for less. It was a no-brainer to sign a distributorship agreement with Raze representatives and we’re anticipating a...

The Cat-and-Mouse Game of Crypto Regulation Enters a New Phase

Michael J. Casey is the chairman of CoinDesk’s advisory board and a senior advisor for blockchain research at MIT’s Digital Currency Initiative. In the relentless cat-and-mouse game between regulators and cryptocurrency developers, the cats are about to add some serious firepower – this time in the form of a global alliance. But if you think the intergovernmental Financial Action Task Force’s forthcoming know-your-customer (KYC) compliance standards spell the end for the mice, think again. If anything, the FATF’s move, expected to be released next month, will drive developers to accelerate work on non-custodial exchanges and other tools that will make it easier for end-users to transact directly outside of regulated intermediaries. As CoinDesk managing editor Marc Hochstein explained last week , the new rules are likely to require exchanges and other custodial entities that take custody of their customers’ cryptocurrency to obtain identifying information about both parties before allowing a transaction over their platforms. Functioning much like the FATF’s “travel rule” for correspondent banks, the new regulatory approach would be backed by the task force member institutions’ u...