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China to Revise AML Law to Address Risks Associated with Virtual Assets


China is set to revise its outdated Anti-Money-Laundering (AML) law in a bid to tackle the increasing risks associated with virtual assets. The draft amendment, discussed at a State Council meeting chaired by Chinese Premier Li Qiang, will soon undergo review by the national legislature, according...

China Gears Up for Updated Crypto AML Laws: Report


China is reportedly planning to enhance surveillance over the burgeoning crypto sector, by amending its anti-money laundering (AML) laws to include crypto transactions. A group of executives, chaired by Prime Minister Li Qiang discussed the ‘revised draft’ of the AML regulations on January 22....

Report: US Crypto Startup Seeks to Launch an Interest-Bearing Stablecoin


A U.S. blockchain and lending startup is seeking the U.S. Securities and Exchange Commission’s permission to issue an interest-bearing stablecoin. The startup said the digital token will be used as an alternative to existing stablecoins such as tether and USDC. Figure Technologies’...

The Road to Digital Euro: ECB Publishes Crucial Rulebook Draft


Source: Adobe/Christian The European Central Bank (ECB) has unveiled progress in the development of the digital euro, with the publication of a report detailing the advancements made by the digital euro scheme’s Rulebook Development Group (RDG). The update follows a June 2023 report from...

Alan Wake 2: New Game Plus Is An Excuse To Play This Work Of Art Again


Alan Wake 2, Remedy’s survival horror sequel, came out in late October, but if you’re already longing for another trip through the spiral, I have good news: “The Final Draft” update has arrived, and with it a new game plus mode and new story content. Not convinced? Then just watch this trailer...

Bitcoin Argentina Presents Draft Legislation to Regulate Cryptocurrency


Image Source: Pixabay Bitcoin Argentina, a non-government organization dedicated to promoting crypto, has presented a draft bill aimed at regulating the cryptocurrency market in a manner that ensures decentralization and enhances public trust.  The proposal was introduced by Bitcoin...

SBF Concludes Testimony, Defense Rests Case


FTX founder Sam Bankman-Fried completed his grueling three-day testimony in Manhattan federal court on Tuesday. Being careful with his word choice, Bankman-Fried faced intense questioning from US Assistant Attorney Danielle Sassoon regarding his role in FTX’s demise. SBF’s potential...

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