EU Agreement Reached on Anti-money Laundering Rules for Cryptocurrencies

Post Views: 267 European institutions have reached an interim consensus on a set of EU regulations that will burden crypto companies with the obligation to help prevent money laundering, among other illicit activities potentially involving digital assets. The progress comes as the Union seeks to comprehensively regulate the continent’s cryptocurrency market. Negotiators representing the key…

How Foresight Ventures Is Approaching Investments in the Current Market Environment

Post Views: 268 The Foresight Ventures founding and partnership team includes veterans of some of the top financial and technology firms dedicated to sourcing and supporting the next generation of disruptive innovations across Web3. They believe the future is multi-chain and thus the chains that find product market fit will all need partners to help…

Project Kick-Off: STRMNFT Marketplace Hits 5,000 Registered Users

Post Views: 340 StreamCoin team also encouraged already-registered users to start minting their image and video NFTs on STRMNFT while it is free until July 2022. After July, minting an NFT on this platform will incur a cost. In addition to minting, the company is also promoting its energy-efficient blockchain, which offers up to 300,000…

Onecoin’s Co-Founder Ruja Ignatova Has Been Added to the FBI’s 10 Most Wanted Fugitives List

Post Views: 294 One of the Onecoin co-founders, Ruja Ignatova, otherwise known as the ‘Cryptoqueen,’ has been added to the Federal Bureau of Investigation’s (FBI) Ten Most Wanted Fugitives list on Thursday. In addition to adding the Cryptoqueen to the most wanted list, the FBI is offering a reward of up to $100K for tips…

Grayscale Files Lawsuit Against SEC Over Spot Bitcoin ETF Rejection

Post Views: 295 Grayscale Investments, the world’s largest digital currency asset manager, has filed a lawsuit against the U.S. Securities and Exchange Commission (SEC) challenging the securities regulator’s decision to reject its application to convert the Grayscale Bitcoin Trust to a spot bitcoin exchange-traded fund (ETF). Grayscale Investments filed a “petition for review” Wednesday challenging…

Report Claims Samsung Is Producing 3nm ASIC Chips — Speculators Assume First Customer Is a Bitcoin Mining Rig Manufacturer

Post Views: 276 The electronics giant and largest corporation in South Korea, Samsung, is in the midst of creating 3-nanometer (3nm) semiconductors for a Chinese application-specific IC firm, sources have said. The new chip design has caused speculation among the crypto community that it’s possible Samsung may be creating application-specific integrated circuits (ASICs) for bitcoin…

Report: Taiwan’s Central Bank May Need 2 Years to Complete Work on CBDC

Post Views: 337 Taiwan’s central bank is yet to conclude work on its central bank digital currency (CBDC) and according to the bank’s governor, the institution may need two more years to finish its work, a report has said. Some of the bank’s next tasks include winning the public’s support, ensuring the system is stable,…

Russia’s Financial Watchdog Investigates 400 Crypto-Related Cases, Director Tells Putin

Post Views: 346 Rosfinmonitoring is conducting hundreds of investigations into cases involving cryptocurrencies, the head of the agency announced. Hundreds of thousands of Russians take part in crypto deals abroad, the top regulator also reported to the Russian president. The financial watchdog is working on them together with representatives of the Ministry of Internal Affairs…

Warren Buffett-Backed Nubank Now Offers Crypto Trading to 54 Million Customers

Post Views: 267 Warren Buffett-backed Nubank, one of the world’s largest digital banking platforms, is now offering cryptocurrency trading to all of its 54 million customers. Nubank also holds bitcoin on its balance sheet. Nubank, one of the world’s largest digital banking platforms, now offers cryptocurrency trading to all clients, according to its blog post,…

Can Xchange Monster (MXCH) Become Crypto Giants Like Binance Coin (BNB) and Cardano (ADA)?

Post Views: 294 PRESS RELEASE. The cryptocurrency industry has certainly become oversaturated with hundreds of crypto projects being established everyday with many of them failing before ever reaching any significant milestone. The mass success of the industry has led to many believing they can achieve that very same amount of success despite not putting in…