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FinCEN Sees Rise in Bitcoin Being Used in Human Trafficking Cases


The U.S. Treasury’s Financial Crimes Enforcement Network (FinCEN) said it has seen a rise in the number of Bitcoin transactions used in connection with human trafficking and online child exploitation cases. According to FinCEN recent findings show 95% of cases involving online child exploitation...

Chamber of Digital Commerce Backs Hermés in Landmark “MetaBirkins” Case


Blockchain and digital asset trade association, the Chamber of Digital Commerce (CDC), filed an amicus curiae brief on February 9 in support of French design house Hermès in the company’s landmark MetaBirkins case. Here’s why it matters: Hermés, designer of the legendary Birkin bag,...

Coinbase’s New Ad Highlights Potential of Blockchain to Revitalize Pennies


Coinbase, a leading cryptocurrency exchange, has unveiled a new television ad that playfully mocks traditional United States fiat currency, depicting it as a penny coin. In the ad, the penny is humorously tossed into a bin and vacuumed, symbolizing the need for a digital upgrade to replace outdated...

Soulmate AI Launches to Redefine AI Relationships With Crypto Integration


Soulmate AI is a trending new project integrating artificial intelligence with personal companionship. It caters to the massively increased interest in AI girlfriends, offering users a unique opportunity to engage with digital companions like never before. As we enter a time when technology aims...

Deutsche Börse’s Subsidiary Crypto Finance Gets BaFin License


BaFin, Germany’s financial regulator, has issued four licenses to Crypto Finance, a firm operated by leading stock exchange Deutsche Börse. The key licenses will allow Crypto Finance to carry out regulated digital asset trading, settlement, and custody services in Germany. The Swiss Financial...

Grayscale and DCG Object to Genesis’ $1.6B Trust Shares Liquidation Plan


On February 12, Digital Currency Group (DCG) and Grayscale raised objections to bankrupt lender Genesis’ plan to sell off its assets. This includes shares in Grayscale’s Bitcoin Trust (GBTC), Grayscale Ethereum Trust (ETHE), and Grayscale Ethereum Classic Trust (ETCG), amounting...

78% of Institutional Traders Have No Interest In Crypto: JP Morgan


New data shows that most global institutional traders have no interest in exposing holdings to digital assets although the number of pro-crypto firms has recorded a slight growth. A recent JP Morgan 2024 survey from over 4000 financial market participants shows creeping acceptance of Bitcoin...

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