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Robert Kennedy Jr Promises to Protect Your Right to Use and Hold Bitcoin as President
29.6.2023
U.S. presidential candidate Robert F. Kennedy Jr. (RFK Jr.) has promised to ensure that “your right to use and hold bitcoin is inviolable” if he is elected U.S. president. “Bitcoin is not only a bulwark against totalitarianism and the manipulation of our money supply, it points the way toward...
Bitcoin no longer crypto of choice for illicit crypto activity: TRM Labs
28.6.2023
While fiat channels remain the dominant tool for criminal financing, Bitcoin appears to have fallen out of favor for criminals as far as cryptocurrencies go
FTX sues Dan Friedberg alleging he used ‘hush money’ to silence whistleblowers
28.6.2023
The lawsuit claims Daniel Friedberg made a series of payments to whistleblowers to stop them from exposing the "true fraudulent nature" of the exchange
Big Money on Big Names: FTX's Celebrity Spending Spree
27.6.2023
In a recent opinion piece, Bloomberg columnist Matt Levine delves into the extravagant spending habits of cryptocurrency exchange FTX, shedding light on the allure of celebrity endorsements and influential connections within the crypto industry.
According to Levine, FTX is perhaps the best example...
Swiss central bank announces plans for wholesale CBDC pilot with ‘real money’: Report
26.6.2023
Thomas Jordan, head of the Swiss National Bank, announced the project at a conference in Zurich; bank still feels “prudent” about a retail CBDC, though
South Korean Court Rules That Bitcoin ‘Is Not Money’ – And Crypto’s Not Subject to Interest Rate Rules
26.6.2023
A South Korean court has ruled that “Bitcoin (BTC) is not money,” and that “interest rate rules don’t apply” to business deals involving cryptoassets.
Per Hanguk Kyungjae, the ruling was made by the Seoul High Court’s Civil Division in a case involving two firms, both of which were unnamed...
Crypto travel rule implementation ‘remains relatively poor,’ says FATF
26.6.2023
The United Nations body called on all member states to implement the Travel Rule “without delay” to close “loopholes” not currently protected by regulation
Will BlackRock's Bitcoin ETF Take the Spirit Out of the Honey Badger?
23.6.2023
Financial advisors will want a simple story to tell
Google launches ‘Anti Money Laundering AI’ after successful HSBC trial
22.6.2023
Google claims the new tools are far more efficient than traditional rules-based approaches at detecting money laundering at scale
Federal Reserve Chairman Says Crypto Appears to Have Staying Power in US Economy
22.6.2023
Federal Reserve Chairman Jerome Powell has acknowledged that cryptocurrency appears to have staying power as an asset class in the U.S. economy. In addition, he stated that the central bank views payment stablecoins as a form of money, emphasizing that it would be appropriate to have a robust...
Fed sees stablecoin as form of money, wants ‘robust’ role in its oversight, Powell says
21.6.2023
The Federal Reserve chair gave his opinion on draft crypto legislation at the House Financial Services Committee’s semi-annual Fed policy hearing
Monetary Authority of Singapore Proposes Protocol for Digital Money, Includes CBDCs and Stablecoins
21.6.2023
Singapore’s central bank has proposed a whitepaper on purpose-bound money (PBM), a protocol that will define benchmarks for the use of digital money including central bank digital currencies (CBDCs) and stablecoins. ...
Read More: Monetary Authority of Singapore Proposes Protocol for Digital Money...
Singapore MAS proposes digital money standards with major industry players
21.6.2023
The Monetary Authority of Singapore, with input from major tech giants, released a whitepaper on the standards for digital money usage such as CBDCs and stablecoins
Bank of England Project Finds CBDCs Could Introduce 'Programmability' to Money
20.6.2023
A trial conducted by the Bank of England (BoE) and the Bank for International Settlements (BIS) Innovation Hub has highlighted the potential central bank digital currencies (CBDCs) have for introducing “programmability” to money....
Read More: Bank of England Project Finds CBDCs Could Introduce...
Web3 Charity Teddy DAO is Raising Money Through Daily NFT Auctions
20.6.2023
Teaming up with fundraising platform JustGiving, Teddy DAO will hold a daily auction of teddy bear NFTs, allowing the buyer to donate proceeds to a charity of their choosing
How to Recover a Lost PIN Number for a Trezor Hardware Wallet – KeychainX Expert Explains
19.6.2023
Storing your digital assets on a cryptocurrency hardware wallet such as Trezor is considered to be one of the safest ways to secure your funds. If you have lost your PIN number to access it however, you might be afraid your money is completely gone as there is no-one else that can remember it...
Economist Steve Hanke Warns of an ‘Ugly’ Recession Looming and Accuses Federal Reserve of Directionless Policies
17.6.2023
Steve Hanke, an economist and professor of Applied Economics at Johns Hopkins University, as well as a former member of Ronald Reagan’s Council of Economic Advisors, recently expressed his belief that the U.S. Federal Reserve is lacking direction and “doesn’t know what it is doing.” Hanke...
5 Charges Temporarily Suspended in FTX Co-Founder Sam Bankman-Fried’s Legal Battle
17.6.2023
The U.S. Department of Justice (DOJ) and federal prosecutors in New York have opted to temporarily suspend five charges against the beleaguered FTX co-founder Sam Bankman-Fried (SBF). Nevertheless, these five charges have been “severed” and deferred until 2024, potentially leaving...
French Investigation Targets Binance: Allegations of Money Laundering and Regulatory Violations
16.6.2023
Binance, the crypto exchange with the highest trade volume globally, is currently facing an investigation for suspected money laundering activities, as reported by the French publication Le Monde. The finance judicial investigation service of France is currently scrutinizing the actions...
Binance under investigation in France since February 2022: Report
16.6.2023
The French arm of Binance is reportedly under investigation by the French authorities on charges of "aggravated money laundering.'