Ethereum traders say ETH price at risk of a deeper correction to $1.6K

Thursday, August 23: virtually all of the top 100 cryptocurrencies are in the red today, with average losses of between 1 and 4 percent among the top 10 largest coins by market cap, as Coin360 data shows. Yesterday evening’s news of the U.S. Securities and Exchange Commission’s (SEC) disapproval orders for 9 different Bitcoin exchange-traded…

The platform hopes to help in meeting AML standards. Blockchain company AnChain.AI and decentralized finance and technology provider Bluehelix plan to launch solutions addressing compliance within blockchain networks.According to reports, the two companies will roll out its Blockchain Ecosystem Intelligence, or BEI, risk engine solution. BEI is based on an API and will offer comprehensive…

France's financial regulator is weighing up “fast track” options for registered firms so they can be compliant with MiCA rules as soon as possible. 139 Total views 2 Total shares Own this piece of history Collect this article as an NFTA “fast track” option for licensed crypto firms in France to get regulated under the…

The patent protects claims for processing non-singular message passage transactions on the blockchain. 105 Total views 13 Total shares According to a new United States Patent and Trademark Office publication on Tuesday, Swiss-based blockchain startup PraSaga has been awarded a patent placing its operating system, dubbed "SagaOS," on the blockchain. Titled "Systemic Extensible Blockchain Object…

The proposed new industry guidelines are intended to address issues around AML and CFT rules. 246 Total views 2 Total shares The European Union’s banking regulator, the European Banking Authority (EBA), wants to update existing Anti-Money Laundering and Combatting the Financing of Terrorism (AML/CFT) rules for crypto providers. In a consultation paper published on Nov. 24

Securitize, a compliance platform and protocol for token issuers backed by United States crypto exchange Coinbase, is launching its Securitize Ready Program, according to a press release shared with Cointelegraph on April 9.Per the announcement, the program includes such industry majors as Coinbase Custody, OpenFinance, Rialto Trading, CBlock Capital and others. Users of the Securitize…

Another centralized exchange (CEX) bites the dust, with Hotbit announcing it will close operations due to adverse business conditions. As is common among CEX collapses in recent months, the crypto firm mentioned FTX, the ongoing banking system crisis, and even a probe, as reasons for its cash flow problems.Also facing a tough time is wallet…