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U.S. Sanctions Hezbollah Crypto Operator Linked to Terrorist Funding


A hawala operator who worked with agents from Hezbollah on cryptocurrency funding infrastructure has been sanctioned by the U.S. Treasury’s Office of Foreign Assets Control (OFAC), the federal agency announced Tuesday. Tawfiq Muhammad Said Al-Law is accused of providing digital wallets to...

CashFusion introduces eCash wallets for maximum privacy on Blockchains


A non-custodial wallet such as CashFusion has effectively bolstered the security of numerous users in the aftermath of cryptocurrency scams. These solutions enable more users to put their trust in the crypto ecosystem and safely manage their assets without worrying about security loopholes....

Expert Clarifies No EU-Wide Ban on Anonymous Crypto Wallets


Industry expert Patrick Hansen clarified that the EU’s recent anti-money laundering (AML) law does not specifically target banning anonymous crypto accounts. The post Expert Clarifies No EU-Wide Ban on Anonymous Crypto Wallets appeared first on Cryptonews

Avalanche to Launch Web3 Voucher Program on Alipay


The smart contracts platform Avalanche recently said it is collaborating with the Chinese payments giant Alipay to launch a Web3-enabled voucher program. The second phase will see the proof of concept being expanded to more than 100 million users from Southeast Asian countries. Web3-Enabled...

China’s Central Bank Publishes Digital Yuan Guide for Foreign Visitors


The People’s Bank of China publishes a digital yuan service guide for foreign visitors, detailing steps to download apps, open wallets, link accounts, and complete payments. The post China’s Central Bank Publishes Digital Yuan Guide for Foreign Visitors appeared first on Cryptonews

Yuga Labs Accuses Ryder Ripps of Destroying NFT Keys to Evade Court Order


Bored Ape Yacht Club creators, Yuga Labs, are accusing artist Ryder Ripps of deliberately destroying access to his wallets containing RR/BAYC NFTs to avoid complying with a court order. The post Yuga Labs Accuses Ryder Ripps of Destroying NFT Keys to Evade Court Order appeared first on Cryptonews

Simplified KYC Means DeFi Compliance Without Compromising On Privacy


It’s almost impossible to remain anonymous in the traditional financial world because banks and other financial institutions will always demand some form of identity before they do business with anyone. That’s in stark contrast to crypto and decentralized finance, where users interact via their...

Coinbase Unveils Two New Wallet Solutions Aimed at Easing Crypto Onboarding


Coinbase has unveiled new smart and embedded wallet features, aiming to simplify the crypto onboarding process. These wallets address user experience challenges and introduce recovery options, setting a new standard for security and usability in the industry. The post Coinbase Unveils Two...

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