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Block to Reinvest 10% of Profits into Bitcoin Each Month


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

GBTC Reserves Dip Below 300,000 BTC Amidst 3 Weeks of Crypto Fund Outflows


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


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


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

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