The annual supervision report from MONEYVAL concluded that 18 of the 22 jurisdictions have an insufficient level of compliance with AML standards. Europe’s Anti-Money Laundering and Combatting the Financing of Terrorism (AML/CFT) watchdog, MONEYVAL, has listed monitoring the crypto sector along with “gatekeeper” professionals, such as lawyers and accountants, as priorities in European nations’ push...Continue Reading
Cointelegraph spoke with former U.S. presidential candidate Andrew Yang at Crypto Bahamas to learn more about his thoughts on crypto and politics. Although cryptocurrency may still be misunderstood on Capitol Hill, crypto is becoming more political as its influence gains traction. For instance, lobbying by those involved in the cryptocurrency industry has reached new heights....Continue Reading
From ecological seafood to Bored Apes, blockchain technology is making its presence felt in homes. Blockchain technology is familiar to cryptocurrency users and national banks, and awareness of it is spreading fast to gamers. Applications in industry, particularly supply chain management, have been appearing as well. Through them, blockchain technology may improve domestic life in...Continue Reading
Independent creators and artists should feel empowered by decentralization and not play by Big Tech’s rules, especially in the Metaverse. In his monthly crypto tech column, Israeli serial entrepreneur Ariel Shapira covers emerging technologies within the crypto, decentralized finance (DeFi) and blockchain space, as well as their roles in shaping the economy of the 21st...Continue Reading
The development has caused a stir in the NFT community, with some saying Elon Musk made a collage of bored apes on his avatar to troll NFT owners. Fresh from bidding to Purchase Twitter, Elon Musk, the billionaire CEO and founder of Tesla, sparked a stir on the social media this morning when he changed...Continue Reading
Transactions via the EU’s prospective CBDC could be transparent to intermediaries, as any non-crypto digital transactions are. Next to the fears of government overreach that the European Union’s ambitious digital euro project stirred, the main concern of the public is the prospective currency’s privacy framework. It appears that this worry might not be overblown after...Continue Reading
Hal Finney, a computer scientist and the world’s first publicly known Bitcoiner, would have celebrated his 66th birthday today. Finney was also the first person to publicly run Bitcoin (BTC), going down in the annals of crypto Twitter history with a famous tweet that often resurfaces: Raise a glass to the world’s first Bitcoiner today....Continue Reading
Macro headwinds continue to hamper Ethereum’s long-term upside prospects. Ethereum’s native token Ether (ETH) is poised for a mini bull run above $3,000 primarily due to a classic bullish reversal pattern on its shorter-timeframe chart, and a huge spike in ETH outflows from Coinbase. ETH price forming falling wedge ETH’s price has been forming a...Continue Reading
Bridges have become one of the largest points of failure in the crypto industry. Polkadot wants to do away with them. Blockchain platform Polkadot has launched a new cross-chain communications protocol, saying it will do away with cumbersome bridging mechanisms that have cost the crypto industry billions in cyber attacks. The newly launched XCM messaging...Continue Reading
The next few days will see a decision made, which if approved would be the first time pension fund money was used in decentralized finance. The Northern Virginia county of Fairfax has already invested a part of its pension funds in crypto and blockchain startups. Now, it’s mulling over deeper involvement with decentralized finance (DeFi)...Continue Reading
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