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Cryptocurrency Transactions’ Volumes Spike Nearly 25% in Brazil
22.10.2024
The volume of cryptocurrency transactions in Brazil has yet again registered record numbers. According to figures offered by the Brazilian IRS equivalent, volumes grew 24.2% compared to last year, reaching over $43.5 billion between January and September 2024. Stablecoin volumes were significant...
A Detailed Analysis of Ancient 2009 Bitcoin Wallet Spending Since 2015
21.9.2024
On Friday, Sept. 20, 2024, blockchain detectives were left stunned when five dormant bitcoin wallets from 2009 suddenly became active. In a fascinating twist, exactly nine years earlier on Sept. 20, 2015, a single block reward from 2009 was spent, with the owner transferring block height 2,800...
Payment Processors Paypal and Venmo Now Support ENS Domains
11.9.2024
Ethereum Name Service (ENS) has announced that the payment giants Paypal and Venmo have integrated support for ENS domain names. This integration enables users to employ Paypal and Venmo to transmit crypto assets to an ENS address. Paypal and Venmo Roll out ENS Support On Tuesday, ENS shared on...
Quantum Computing’s Potential Threat to Blockchain Security
11.9.2024
Blockchain technology has revolutionized the way we think about security, decentralization, and trustless systems. From cryptocurrency transactions to smart contracts, […]
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Ferrari to launch crypto payments in Europe after US success
24.7.2024
Ferrari debuted cryptocurrency payments for its cars in the United States in 2023, partnering with a major local payments provider, BitPay
Ferrari to launch crypto payments in Europe after US success
24.7.2024
Ferrari debuted cryptocurrency payments for its cars in the United States in 2023, partnering with major local payments provider BitPay
Bitcoin self-custody comes to the masses with new ‘crypto ring’
17.7.2024
Tangem's hardware wallet is now being designed as a ring to encourage daily cryptocurrency transactions and boost the adoption of self-custody
Bitcoin self-custody comes to the masses with new ‘crypto ring’
17.7.2024
Tangem's hardware wallet is now being designed as a ring to encourage daily cryptocurrency transactions and boost the adoption of self-custody
South Korea Launches Continuous Monitoring for Crypto Transactions
8.7.2024
South Korea’s Financial Supervisory Service (FSS) will introduce a continuous monitoring system on July 19 to track suspicious cryptocurrency transactions. Developed with local digital asset exchanges, this system aligns with the country’s Virtual Asset User Protection Act, which aims...
Tether, TON team up with mobile app for USDT-to-fiat transactions
16.5.2024
The Open Network users will be able to use Oobit’s Tap & Pay technology to pay merchants in fiat while spending USDT
Vodafone Aims to Use SIM Cards to Facilitate Crypto Transactions on Mobile Phones
3.5.2024
Telecommunications company Vodafone is taking steps to leverage SIM card technology in order to meet the expected surge in demand for cryptocurrency transactions on mobile phones.
The post Vodafone Aims to Use SIM Cards to Facilitate Crypto Transactions on Mobile Phones appeared first on Cryptonews
Jack Dorsey’s Block’s Crypto Unit Under Investigation Over Compliance Practices: Report
2.5.2024
The allegations against Block include inadequate customer information collection, processing transactions involving countries under U.S. sanctions, and facilitating cryptocurrency transactions for terrorist groups.
The post Jack Dorsey’s Block’s Crypto Unit Under Investigation Over...
Indonesia’s Crypto Transactions Skyrocket to $1.92 Billion in February
18.3.2024
Indonesia has witnessed an impressive surge in cryptocurrency transactions, with the total reaching IDR 30 trillion ($1.92 billion) in February, according to the country's crypto regulator.
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Crypto Money Laundering Dropped Almost 30% in 2023: Chainalysis
15.2.2024
Illicit cryptocurrency transactions fell roughly 30% in 2023, according to Chainalysis’ newly released 2024 Crypto Crime Report. This decrease signals a major shift in crypto money laundering trends. The report also stated that total funds sent between illicit addresses dropped by 14.9%...
Ledger and Coinbase Collaborate to Simplify Crypto Purchases and Transfers
13.2.2024
Hardware wallet provider Ledger and cryptocurrency exchange Coinbase have announced a collaboration aimed at integrating Coinbase Pay into Ledger Live, a move aimed at enhancing the efficiency and security of cryptocurrency transactions. This collaboration aims to eliminate the complexities users...
China’s AML Legal Framework Set to Target Cryptocurrency Transactions in Major Update
1.2.2024
As part of its ongoing efforts to modernize financial regulations, China is revising its Anti-Money Laundering laws to include stringent measures against cryptocurrency-related transactions. This revision, the first since 2007, aims to plug the legal gaps exploited in the burgeoning world...
Cryptocurrency Rights Bill Introduced in Virginia
20.1.2024
A bill that seeks to safeguard the cryptocurrency rights of the citizens has been introduced to the Senate of Virginia. The bill, sponsored by State Sen. Saddam Azlan Salim, would guarantee that citizens can self-custody, transact, mine, and pay with cryptocurrency, also exempting cryptocurrency...
South Korea Proposes Ban on Credit Card Crypto Purchases
9.1.2024
Amidst a national surge in crypto trading, South Korea’s FSC is proposing a significant change to their credit finance laws, potentially barring citizens from the use of credit cards in cryptocurrency transactions. South Korea Aims to Tighten Crypto Regulations with Proposed Credit Card...
European Banking Authority Launches New Consultation on Crypto Travel Rule
28.11.2023
The European Banking Authority (EBA) has recently launched a new consultation process concerning implementing the so-called travel rule for cryptocurrency transactions. The institution is seeking feedback on the defined procedures that crypto assets service providers (CASPs) must complete...
Cryptocurrency Confiscation on the Rise: Impact of IRS’s Surveillance Plans
8.11.2023
Source: AdobeStock / Vitalii Vodolazskyi As the Internal Revenue Service (IRS) moves forward with its plans to enhance surveillance of cryptocurrency transactions, some worry that it might lead to a surge in crypto confiscations. A 2022 report published by the Department of Justice (DOJ)...