Chinese gov't mulls anti-money laundering law to 'monitor' new fintech
According to the Chinese government, 1,391 individuals have been prosecuted on money laundering-related charges in the first half of 2024.
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Alexandria Ocasio-Cortez says US lawmakers shouldn’t hold crypto to ‘remain impartial’
"I want to do my job as ethically and impartially as I can," said AOC, who added that as a member of the House of Representatives’ Financial Services Committee she has chosen not to hold stocks or investments, including digital assets. 1154 Total views 7 Total shares Democratic lawmaker Alexandria Ocasio-Cortez said Monday that she…
US FBI Calls for QuadrigaCX Users to Provide Information
The United States Federal Bureau of Investigation (FBI) called for former users of the QuadrigaCX cryptocurrency exchange to provide information in an official announcement published on June 3.Earlier this year, QuadrigaCX had filed for creditor protection after the unexpected death of its founder left more than $145 million in funds apparently inaccessible.The FBI announcement asks…
Eswatini releases design for digital lilangeni tokenized retail CBDC
The tiny kingdom, formerly known as Swaziland, is looking at better domestic accessibility and cross-border trade with a proposed CBDC.
China: Former Central Bank Exec to Reportedly Head New Tech Regulation Division
China’s securities regulator is reportedly setting up a tech division that will be headed by the former chief of the central bank’s digital currency initiative.Yao Qian, a former director of the Digital Currency Research Institute at the People’s Bank of China (PBoC), will serve as director at the China Securities Regulatory Commission’s (CSRC) first technology…
Hive Digital says BTC miners bought last Dec have already paid themselves off
Hive Digital made a sizeable ASIC miner purchase in December 2022. Just one year later, thanks to a Bitcoin boom, the crypto miner says the rigs have paid for themselves. 176 Total views 1 Total shares Bitcoin (BTC) miner Hive Digital Technologies says the move to acquire a fleet of Bitmain mining rigs last year
USDC bounces back toward $1 peg after Fed announcement
Positive developments concerning Circle's $3.3 billion worth of reserves held at Silicon Valley Bank and its new banking partners have seen USDC climb back toward its $1 peg. 1797 Total views 6 Total shares Own this piece of history Collect this article as an NFTCircle’s stablecoin USD Coin (USDC) is climbing back to its $1…
BlockApps and Optimum Plan to Track Energy Usage on the Blockchain
Blockchain-as-a-Service (BaaS) company BlockApps has partnered with software consulting firm Optimum to develop a blockchain solution for tracking energy usage.A founding member of the Enterprise Ethereum Alliance (EEA), BlockApps is the developer of a cloud-agnostic blockchain platform, STRATO, designed to serve as a flexible base layer for various business network transactions and activities.Optimum is a…
Skirting the Great Wall: The Checkered Saga of Crypto in China, 2013-2017
Take a quick look at CnLedger, a Twitter-based Chinese crypto news information source, and a tweet pinned at the top of its profile might come as something of a surprise:Next time people tell you bitcoin is banned in China, show him this pic. pic.twitter.com/MC3Q2yzBcx— cnLedger (@cnLedger) February 8, 2018On Sept. 30 2018, China’s oldest tech…