EU enacts crypto regulations to combat money laundering

2021 got off to a quick start and the current crypto bull market has seen assets like Bitcoin (BTC) and Ether (ETH) shoot to new all-time highs on an almost daily basis. While new price highs are positive for investors, they do present a range of challenges relating to fees, transaction speeds and the centralization of…

Profit and loss settlement will occur in U.S. dollars, with OrBit Markets responsible for order book liquidity. 158 Total views 16 Total shares BitExchange has introduced XRP (XRP)-linked options on its cryptocurrency derivatives platform. According to an Aug. 17 statement from the exchange, the initiative will allow users to engage in XRP options trading without…

The bill was approved by the nation's Senate in July as low-energy costs continue to boost mining activities in the country. 299 Total views 16 Total shares Paraguay's president, Mario Abdo Benítez, vetoed a bill that sought to recognize cryptocurrency mining as an industrial activity on Monday. He reasoned that mining's high electricity consumption could…

Addressable co-founder Asaf Nadler told Cointelegraph that the metric allows projects to determine which users are more likely to be interested in their products. Web3 marketing firm Addressable has launched cost per wallet (CPW), a new metric aimed at improving user acquisition tracking for decentralized applications (DApps) and blockchain businesses. The company claims CPW provides

Weekly-realized losses peaked at $20.5 billion when Terra Luna (LUNC) imploded and reached $33 billion when 3AC and Celsius collapsed, according to Chainalysis. 1472 Total views 35 Total shares Own this piece of crypto history Collect this article as NFTBlockchain analytics firm Chainalysis has attempted to put the FTX collapse into perspective — comparing peak…

United States Securities and Exchange commissioner, Hester Pierce, argued that good-faith efforts should not be compromised at the expense of full transparency. Hester Pierce, commissioner of the United States Securities and Exchange (SEC), has raised concerns about the watchdog's warning to accounting firms regarding non-audit work for crypto clients and the need to make a…

Tyler and Cameron Winklevoss, creators of cryptocurrency trading platform Gemini, have received permission from New York regulators to launch their own stablecoin, according to a post on Gemini’s Medium Monday, September 10.The so-called Gemini dollar now has the backing of the New York Department of Financial Services (NYDFS). The brothers’ Medium post describes the coins…

The average block time on the Ethereum blockchain decreased by almost a quarter after the mining difficulty was decreased.Data reported on Ethereum block explorer Etherscan shows that from Jan. 1 to Jan. 4, the daily average block time on the blockchain decreased from 17.16 seconds to 12.96. This translates to a 24.48% shorter block time.Chart…

Greece is globally recognized for its touristic lures of idyllic beaches and a laid-back lifestyle. Prior to the outbreak of the global pandemic, the World Travel and Tourism Council said that tourism generated over one-fifth of Greece’s total GDP.This year, the country faced a record number of travelers during its summer tourism season. In the…