Japanese authorities trace Monero, arrest 18 in $670K laundering case

But not everyone’s on board with the crypto ETF train. Critics argue that Bitcoin-linked ETFs could be even worse than centralized exchanges for the crypto market. Their main beef? There’s zero possibility of withdrawing the underlying instrument. This means the holders are never able to take advantage of the single most important feature of Bitcoin:…

Considerable anxiety exists in the world of Web3 related to regulation and the legal status of cryptocurrency projects. It’s particularly apparent in the United States, where the Commodity Futures Trading Commission (CFTC) fueled concerns in September with an announcement that it was imposing a $250,000 fine on a decentralized autonomous organization (DAO), Ooki DAO, and…

Despite new investment in the crypto exchange, Blockchain.com’s valuation has more than halved from its $14 billion peak. 129 Total views 1 Total shares Crypto exchange and wallet provider Blockchain.com closed a $110 million Series E financing round, an investment that more than halves its previous 2022 valuation of $14 billion.In a Nov. 14 blog

The year 2020 was a forgettable one for many reasons including lockdowns and economic restrictions. The shutdowns resulted in the worst economic crisis seen in decades. At the same time, most governments and central banks have responded with unprecedented fiscal stimulus and monetary expansion measures to revive their economies.Therefore, institutional investors who are wary of…

Cryptocurrency exchange QuadrigaCX probably stored a significant quantity of Ethereum (ETH) in other crypto exchanges, according to new evidence. This claim was made in a report published by crypto research and consulting platform ZeroNonCense on Feb. 28, which obtained corroborating information from Kraken CEO Jesse Powell and MyCrypto CEO Taylor Monahan.More precisely, the author of…

After being seen in the House a few times, a bipartisan bill is introduced into the Senate with a drastically reduced exclusion for purchases made with cryptocurrency. 127 Total views 3 Total shares The Virtual Currency Tax Fairness Act of 2022 was introduced into the United States Senate on Tuesday by the bipartisan team of…

The Ethics Committee couldn’t agree if the Representative sought to profit from his promotions but he was fined for it regardless and for also not declaring a “gift” of the token. Own this piece of crypto history Collect this article as NFTThe outgoing United States House Representative Madison Cawthorn has been fined over $15,000 by…

Japanese financial regulators approved a second cryptocurrency exchange to begin operations this week, a press release from local exchange DeCurret, the applicant, confirmed on March 25.DeCurret, which joins an offering from e-commerce giant Rakuten in launching on the domestic market, will begin trading on April 16.Together with Rakuten Wallet, previously known as Everybody’s Bitcoin, next…