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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Visa working on blockchain interoperability hub for crypto payments
Visa’s new blockchain interoperability project is designed to serve as a “network of blockchain networks.” 900 Total views 29 Total shares Global payments giant Visa has introduced a project that aims to be a “universal adapter” of blockchains that can connect multiple cryptocurrencies, stablecoins as well as central bank digital currencies (CBDC).According to an official…
Bitcoin can hit $16K but only if this resistance level finally breaks
A week ago, the market was on shaky ground as volatility went through the roof with massive drops in portfolios seen across the board. However, this past week was relatively boring and stable as the price of Bitcoin (BTC) is now in a narrow range. This narrow range is confusing the majority of traders as it…
VeChain Foundation reports $1.2B crypto treasury… but spent just $4M in Q1
The supply chain tracking project has a comfortable cushion in its Foundation treasury, but expenditures were very low through the first quarter of 2022. 254 Total views 28 Total shares The VeChain Foundation has released its financial report for Q1 2022 showing that the project amassed an impressive $1.2 billion war chest but only spent…
Three-Mile Island nuclear site reopening to power AI
The site was ground zero for a partial nuclear meltdown in 1979, which affected a separate unit and caused nearby areas to evacuate.
Liechtenstein’s Government Passes New Regulation Concerning Blockchain and Tokens
The government of Liechtenstein announced that it has passed new tokenization, virtual asset service provider and blockchain regulation in a press release published on May 8.Per the release, the new Token and VT Service Providers Act, passed on May 7, aims to improve investor protection, combat money laundering and establish clarity. The announcement also cites…
Bitcoin price bounces to $33K but analysts say ‘it’s too early’ to call a bottom
Cryptocurrency investors found little reprieve on June 22 as the price of Bitcoin (BTC) fell below $30,000 for the first time since January, sparking panic among less experienced market participants who have yet to experience a full market cycle. While Bitcoin has been under increasing pressure from multiple sources since early May, the most recent bout…
Robinhood Crypto and Stock Trading App Is Down Second Monday in a Row
After experiencing a major outage last week, major stock and cryptocurrency trading app Robinhood is troubled again.Robinhood encountered another technical outage on Monday, causing its platform to halt trading services, according to a March 9 tweet by Robinhood’s support team.Robinhood partially fixes the outage after an hour of downtime The firm announced earlier on the day:“Trading…