Australia proposes stricter crypto rules to curb financial crime

Thursday, Sept. 5 — after failing to break $10,800 price point, Bitcoin continued to hover around $10,500, while most of the top 20 coins saw major losses.Market visualization | Source: Coin360After hitting an intraday high of $10,761, Bitcoin has seen a notable decline and continued fluctuating around $10,500 for most of the day. At press…

The SEC’s case against Ripple for selling XRP as an unlicensed security will begin with a pretrial in February 2021. 2604 Total views 11 Total shares The United States District Court of the Southern District of New York has fixed Feb. 22, 2021 as the date for the pretrial of the lawsuit filed by the…

Justin Bieber’s hit song from 2015 “Company” has been turned into an NFT by another from which fans could earn royalties from future streams of the track. 110 Total views 6 Total shares On Sep. 7, the blockchain-centric music tech platform anotherblock and the co- producer of the track Andreas Schuller, also known as Axident

Driven by momentum from the Miami Bitcoin event, luxury condo development E11EVEN Hotel and Residences has already secured its first crypto deposit. 2801 Total views 7 Total shares Miami-based E11EVEN Hotel and Residences is claiming to be the first real estate company to allow deposits for property purchases in the form of cryptocurrency.Speaking to Fox…

Starting next year, new Anti-Money Laundering (AML) regulations will require German cryptocurrency businesses to hold a Federal Financial Supervisory Authority (BaFin)-issued license, Cointelegraph Deutschland reported on July 24.Possible innovation obstructionPer the report, the new regulations will require cryptocurrency-related businesses such as exchanges and wallet providers to be licensed by BaFin and comply with AML regulation,…

Monday, Feb. 11 — most of the top 20 cryptocurrencies are reporting slight to noteworthy gains on the day by press time, with Bitcoin (BTC) hovering near $3,650, according to CoinMarketCap data.Market visualization from Coin360At press time, Bitcoin is up less than half a percent on the day, trading at around $3,648, according to CoinMarketCap. Looking…

The company will provide an AI toolset for game developers to improve scripts, dialogue trees and quests inside games. 286 Total views 13 Total shares Gaming console Xbox is tapping into artificial intelligence (AI) with a new partnership intending to boost game creators by integrating generative AI into its game creation toolkits. In a blog post

The ease of laundering money in the U.S. before 1970 boggles the mind. Prior to the Bank Secrecy Act (BSA) of that year, there were no federal standards for banks to keep records on activity that fell under the category of “suspicious.” There were also no consistent reporting requirements — it was the BSA that…