Singapore flags digital payment tokens as high-risk in AML landscape

A Canadian judge has delayed a decision on legal representation for customers of major Canadian cryptocurrency exchange QuadrigaCX. The news was tweeted by Canadian Broadcasting Corporation reporter Jack Julian on. Feb. 14.On Thursday, Feb. 14, the Nova Scotia Supreme Court reportedly brought together over “a dozen” lawyers who represent 115,000 cryptocurrency traders owed around $260…

Both HSBC and Scotiabank have not been very supportive of the cryptocurrency industry's adoption in recent years. Amid the ongoing banking crisis in the United States, financial regulators continue scrutinizing major traditional finance companies like HSBC and Scotiabank.The Securities and Exchange Commission (SEC) has charged HSBC’s securities arm HSBC Securities (HSI) and Scotiabank’s investment subsidiary…

The Israel Bitcoin Association, a nonprofit organization that promotes the use of Bitcoin (BTC) and cryptocurrencies, has reportedly filed a freedom of information petition with a Jerusalem court. The petition purportedly seeks to require local banks to disclose their policies on money originating from digital currencies. Local news daily Globes reported on Aug. 19 that state…

TBC founder Elon Musk seemingly confirmed the news on Wednesday with a tweet responding to the news, saying: “Supporting Doge wherever possible.” 48 Total views 21 Total shares Elon Musk’s tunnel construction firm The Boring Company (TBC) has begun allowing customers to pay for rides on its Las Vegas transit system using Dogecoin.A July 6…

The price of Bitcoin (BTC) increased by 14.4% between March 12-13 after it was confirmed that financial regulators had rescued depositors in the failing Silicon Valley Bank (SVB). The intraday high of $24,610 may not have lasted long, but $24,000 represents a 45% increase year-to-date.On March 12, U.S. Treasury Secretary Janet Yellen, Federal Reserve Chairman…

Polkadot’s ‘canary network’ has tripled in price this month, with Kusama having unveiled an ambitious plan to relay blockchain transactions from Mars. Polkadot’s (DOT) mainnet launch rally has seen many associated projects produce parabolic gains during August.Polkadot’s pseudo-test network or ‘canary chain’, Kusama (KSM), has been among the month’s strongest performers, rallying from less than…

On this week’s episode of The Market Report, Cointelegraph’s resident expert discusses if the latest price of Bitcoin is a sign of a new bear market starting or just a healthy correction. 428 Total views 2 Total shares Own this piece of history Collect this article as an NFTIn today’s Market Report episode, analyst and…

Delegitimize CryptoPunks v1 and face pushback from v1 owners, or legitimize v1 and cause brand dilution, dropping the value of v2. 308 Total views 4 Total shares In a Discord post published on Wednesday, Matt Hall, the core developer at Larva Labs, the entity behind the popular CryptoPunks v2 and, initially, CryptoPunks v1 nonfungible tokens…

The largest data center in the former Soviet Union, BitRiver, opened about a year ago in the Siberian city of Bratsk and most of its clients use the facility to mine Bitcoin (BTC), Bloomberg reported on Nov. 24.The data center allows cryptocurrency miners to take advantage of cheap energy in what once used to be…