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Crypto firms have to do checks on transactions of 1,000 euro or more, and the framework adds measures to mitigate risks in transfers with self-hosted wallets.

EU Provisionally Agrees Tough Crypto Due Diligence Measures to Combat Money Laundering

Policymakers in the European Union on Wednesday reached a provisional deal on parts of a comprehensive regulatory package to combat money laundering that will force all crypto firms to...

7 months ago

The bills could create significant roadblocks to a CBDC in the United States.

Multiple US Senate bills object to CBDC definition as ‘money’

Bills against referring to central bank digital currency (CBDC) as money have been filed in the states of Utah, South Carolina, South Dakota and Tennessee. The bills would exclude a CBDC from th...

8 months ago

Vitalik Buterin, the co-founder of Ethereum (ETH), has ignited a debate about the classification of various layer 2 scaling solutions.

Ethereum Co-Founder Vitalik Buterin Says Validiums are Not Genuine Rollup Solutions

The crypto veteran has claimed that Ethereum’s validiums should not be considered genuine rollup solutions. The statement came in response to a post by Daniel Wang, the foun...

8 months ago

Since their recent launch in the United States, spot Bitcoin ETFs have achieved a cumulative trading volume of nearly $10 billion within just three days.

U.S. Spot Bitcoin ETFs Reach $10B Trading Volume in 3 Days; Grayscale Accounts for Over Half of that Figure

According to Bloomberg analyst James Seyffart, the standout performer among the spot Bitcoin ETFs is Grayscale’s GBTC, which recorded an impressive three-day trading volume of $5.174 ...

8 months ago

The Financial Intelligence Unit issued a notice of noncompliance against 10 foreign crypto exchanges on Dec. 28, 2023.

Indian crypto exchanges lure in Binance, OKX investors after FIU ban

Indian crypto exchanges are promising hassle-free transfers for users who want to transfer their crypto assets from foreign crypto exchanges after the country’s Ministry of Finance Financi...

8 months ago

The successor to Saga will have new hardware and a cheaper price point, according to a person familiar with the plans.

Solana Mobile to Sell Second Crypto Smartphone: Source

Solana Mobile plans to launch a second smartphone as it looks to ride the unlikely success of its first crypto-ready smartphone, a person familiar with the matter said. The upcoming ph...

8 months ago

$40,000 Bitcoin Price is Necessary for CleanSpark and Other Crypto Miners Post-Halving

Leading Crypto Miners Riot, TeraWulf, CleanSpark Brace for 2024 Bitcoin Halving

Leading cryptocurrency miners are bracing themselves for the challenges ahead as the mining industry prepares for a major transformation with the 2024 Bitcoin (BTC) halving event. ...

8 months ago

The former biotech executive was the only Republican contender to have a crypto plan.

Vivek Ramaswamy, Crypto-Friendly U.S. Presidential Candidate, Suspends Campaign

Vivek Ramaswamy – who pledged to lay off most of the Securities and Exchange Commission (SEC) and direct a path for digital assets policy if elected President– suspended his campaign...

8 months ago

The embattled crypto firms have begun transferring large volumes of ETH to centralized exchanges as they attempt to pay back creditors.

Celsius transfers $125M of ETH to exchanges as FTX and Alameda dump

Embattled crypto lender Celsius has shifted more than $125 million worth of its Ether ETH $2,521 to crypto exchanges over the past week amid plans to begin repaying cre...

8 months ago

Solana users should be vigilant for phishing attacks

Over $4 Million Worth of Assets Stolen By Solana Wallet Drainers: Scam Sniffer

Blockchain security firm Scam Sniffer says over $4 million worth of digital assets have been stolen by Solana wallet drainers in phishing attacks in the past month. In a recent report,...

8 months ago