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$649B stablecoin transfers linked to illicit activity in 2024: Report


Cryptocurrency compliance firm Bitrace found that $649 billion worth of stablecoins flowed through addresses classified as high-risk in 2024, according to an April 29 report.Bitrace defines high-risk blockchain addresses as those used by illegal entities to receive, transfer or store...

$649B stablecoin transfers linked to illicit activity in 2024: Report


Cryptocurrency compliance firm Bitrace found that $649 billion worth of stablecoins flowed through addresses classified as high-risk in 2024, according to an April 29 report.Bitrace defines high-risk blockchain addresses as those used by illegal entities to receive, transfer or store...

Slovenia’s finance ministry floats 25% tax on crypto transactions


Slovenia’s Finance Ministry is considering a possible 25% tax on crypto trading profits for residents in the country under a new draft law now open for public consultation. The bill proposes to tax traders when they sell their cryptocurrency for fiat or pay for goods and services,...

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