Europe tightens crypto regulations with new anti-money laundering laws
Crypto Asset Service Providers (CASP) in Europe would have to implement stringent Know Your Customer (KYC) procedures to combat money...
Cryptocurrency
US PMI Drop Puts Pressure on Bitcoin and Crypto Market Amid Cooling Business Activity
The broader cryptocurrency market has come under selling pressure in the last 24 hours with Bitcoin losing nearly 4% and...
MiCA part I, a new beginning for EU crypto-assets?
This summer, the first part of the EU’s MiCA Regulation will come into effect. Financial institutions (FIs) that are currently engaged in or exploring crypto assets will need to make operational adjustments. What specific actions are necessary, and how will this impact EU crypto customers? In June 2024, the European Union will begin to apply part of the provisions of the Markets in Crypto-Assets (MiCA) Regulation, focusing first on Asset-Referenced Tokens (ARTs) and Electronic Money Tokens (EMTs). In doing so, the EU is presenting the financial industry with a framework...
US prosectors want crypto giant Binance’s founder Zhao Changpeng to serve 3 years in prison on top of US$50 million fine
US prosecutors want Zhao Changpeng, founder and former chief executive of Binance, the world’s largest cryptocurrency exchange, to serve three...
EU Tightens Anti-Money Laundering Rules for Crypto Exchanges
The European Parliament has passed a law that entails the implementation of tougher rules for crypto-asset exchange service providers (CASPs)....
US charges Samourai cryptomixer founders for laundering $100 million
Keonne Rodriguez and William Lonergan Hill have been charged by the U.S. Department of Justice for laundering more than $100...
‘Huge Disaster’—Congress Just Introduced A Game-Changing Bill That Could Blow Up The Bitcoin Price And Crypto Market
04/24 update below. This post was originally published on April 23 Bitcoin Bitcoin has just undergone its latest halving supply...
Bitcoin-centric app Strike enters Europe
Strike, a Bitcoin-only app, has expanded support to European customers following massive regional demand and rising cryptocurrency prices. On April...
MEPs approve new anti-money laundering rules – but what do they cover?
EU lawmakers voted in a landslide in favour of new curbs on crypto, football clubs and cash transactions. ADVERTISEMENTEU lawmakers...
Tether’s (USDT) Stablecoin Dominance May Wane Following Proposed U.S. Regulation: S&P
Regulatory clarity in the U.S. should inspire banks from the traditional financial world to enter the stablecoin market and may...
