Crypto Biz: Galaxy, CoinShares Q1 results, ETFs on the blockchain, and more

Uniswap’s daily volume has rallied to nearly $25 million despite the spotlight on imposter tokens trading on the exchange. 214 Total views 1 Total shares Daily trade volume on the decentralized exchange (DEX) and liquidity pool Uniswap has rallied to $25 million on the back of a strong first day of trade for the digital…

Fitch warned that mainstreaming Bitcoin without clarity can introduce volatility and operational risks for Salvadorans. 575 Total views 6 Total shares Fitch Ratings has become the latest global credit rating agency to warn El Salvador against adopting Bitcoin (BTC) as legal tender, expressing concerns that crypto assets could cause systemic risks for the Latin American…

India’s NCB forms a special task force and initiates digital forensics training to tackle the growing misuse of cryptocurrencies in drug trafficking.

Spanish law enforcement pointed out that Bitcoin (BTC) automated teller machines (ATMs) show a gap in European Union’s Anti-Money Laundering (AML) regulations, Bloomberg reports on July 11.Per the report, Spanish police uncovered a local gang that used Bitcoin ATMs to transfer more than 9 million euros ($10 million) for drug traffickers in Colombia and other…

The governor of California Gavin Newsom supported the development of blockchain and artificial intelligence (AI)-based products in his “State of the State” speech, local news outlet CALmatters reported on Feb. 12.In his speech delivered on Tuesday, Feb. 12, Newsom said that “California needs a comprehensive statewide strategy to uplift and upskill our workers, to ensure…

Upcoming Binance Launchpad incentives, CZ’s upcoming release and BNB Chain’s use cases outside of DeFi appear to be behind BNB’s rally.

The New York Department of Financial Services (NYDFS) is planning to update its virtual currency license for the first time in nearly five years.The authority has published proposed guidance on adoption or listing of virtual currencies on its website on Dec. 11, inviting all interested parties and the general public to comment by Jan. 27,…

Scammers have been trying to trick customers by offering them the prospective return of their assets. 24 Total views 1 Total shares Own this piece of history Collect this article as an NFTBankrupt crypto exchange FTX has acknowledged a recent spate of third-party scams and frauds aimed at swindling its already-embattled customers.On Feb. 3, FTX…