Search
Nigerian SEC Set To Meet With Foreign Crypto Exchanges Amid Regulatory Crackdown: Report
3.5.2024
The Nigerian Securities and Exchange Commission (SEC) will meet with crypto exchanges to discuss the state of crypto regulation in the African nation, a Friday report from CoinTelegraph reveals. News of the meeting comes as Binance executives Nadeem Anjarwalla and Tigran Gambaryan face charges...
UK gov't calls for action on AI copyright, market competition
3.5.2024
The U.K. government is under pressure to increase AI oversight following a House of Lords report highlighting the need for stricter regulations for AI standards
Report: 30% of UK Watchdog’s Financial Crime Experts Focused on Crypto Businesses in 2022-23
3.5.2024
According to a report, the Financial Conduct Authority, a watchdog for the financial services industry in the U.K., had 30% of its financial crime specialists focused on crypto-asset businesses. Assessments conducted by supervisors in the U.K. found that not only crypto-asset businesses, but nearly...
Block to Reinvest 10% of Profits into Bitcoin Each Month
3.5.2024
Jack Dorsey-led Block announced plans to allocate 10% of profits from its Bitcoin products toward buying more of the cryptocurrency each month, its quarterly report published Thursday showed.
The post Block to Reinvest 10% of Profits into Bitcoin Each Month appeared first on Cryptonews
AI Could Detect Money Laundering on Bitcoin Blockchain: Elliptic Report
2.5.2024
Elliptic report revealed that the researchers used deep learning model - AI - to successfully detect crypto money laundering crimes
The post AI Could Detect Money Laundering on Bitcoin Blockchain: Elliptic Report appeared first on Cryptonews
Bitcoin post-halving price consolidation could last 2 months, says Bitfinex
2.5.2024
The Bitcoin halving is widely expected to have a positive impact on the price of the preeminent cryptocurrency, but analysts expect volatile price consolidation in the short term
UK FCA Dedicated 30% of Financial Crime Personnel to Monitor Crypto Companies in 2023
2.5.2024
The UK’s financial watchdog dedicated nearly a third (30%) of its financial crime specialists to overseeing crypto asset businesses, according to a report released on May 1.
The post UK FCA Dedicated 30% of Financial Crime Personnel to Monitor Crypto Companies in 2023 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...
Crypto Phishing Attacks ‘Rampant’ in South Korea – Report
2.5.2024
Crypto-related phishing attacks have become “rampant” in South Korea, a report has claimed, with a top financial regulator set to act.
The post Crypto Phishing Attacks ‘Rampant’ in South Korea – Report appeared first on Cryptonews
US probes Jack Dorsey’s Block, Inc. over financial transactions: Report
2.5.2024
U.S. prosecutors are reportedly investigating the fintech firm after a whistleblower claimed it processed thousands of transactions for users from sanctioned countries and terrorist groups
US Spot Bitcoin ETFs Report 5 Straight Days of Outflows, Totaling $635 Million
1.5.2024
On Tuesday, U.S. spot bitcoin exchange-traded funds (ETFs) registered their fifth consecutive day of net withdrawals, documenting a substantial $161.6 million in negative outflows. Over the last two days, Grayscale’s Bitcoin Trust (GBTC) has offloaded 1,731.56 BTC, diminishing its reserves...
Crypto Was One of the Biggest Money Laundering Risks in 2022-2023: UK Govt. Report
1.5.2024
Between 2022 and 2023 Crypto alongside retail banking, wholesale banking and wealth management posed the greatest risk of being exploited for money laundering, a report by the U.K. Treasury department showed
Chinese police capture StarkNet airdrop identity forger: Report
1.5.2024
The suspect has claimed over 40,000 STRK coins that belonged to victims, before converting them to over $90,000 USDT
Chinese police capture StarkNet airdrop identity forger: Report
1.5.2024
The suspect has claimed over 40,000 STRK tokens that belonged to victims before converting them to over 90,000 USDT
Apple poaches Google AI staff, creates ‘secretive’ laboratory: Report
30.4.2024
Apple has reportedly been luring experts from Google in its efforts to catch up with Big Tech companies in the race to develop and deploy high-level AI models
GBTC Reserves Dip Below 300,000 BTC Amidst 3 Weeks of Crypto Fund Outflows
29.4.2024
Grayscale’s Bitcoin Trust (GBTC) has witnessed a significant reduction in assets under management, with the trust’s holdings now falling below the 300,000 BTC mark, a key milestone. Additionally, the latest report on digital asset fund flows from Coinshares shows that bitcoin...
South Korea to Make Temporary Crypto Investigative Unit Permanent
29.4.2024
South Korea is taking decisive measures to combat the surge in cryptocurrency-related crimes and fraud cases by moving to establish its temporary crypto investigative unit as a permanent entity.
The post South Korea to Make Temporary Crypto Investigative Unit Permanent appeared first on Cryptonews
Top Chinese Law Firm Analyzes Digital Yuan AML Challenges
29.4.2024
JunHe Law Firm Partner Chen Xin issues report to explore anti-money laundering challenges, opportunities and solutions in China's CBDC digital yuan deployment and regulation.
The post Top Chinese Law Firm Analyzes Digital Yuan AML Challenges appeared first on Cryptonews
Australia’s top exchange may approve spot Bitcoin ETFs this year: Report
29.4.2024
Australia’s spot Bitcoin ETFs could see $3 billion to $4 billion of inflows within the first three years, according to Monochrome CEO Jeff Yew
Bitcoin Price Chops Either Side of $64,000 Following Latest US Inflation Report – Here’s What You Need To Know
26.4.2024
The Bitcoin (BTC) price chopped either side of the $64,000 level on Friday in wake of latest US inflation data report, which showed the Core PCE index rising 0.3% MoM in March, in line with the market’s expectations.
The post Bitcoin Price Chops Either Side of $64,000 Following Latest US Inflation...