Sweden sees crypto exchanges as professional money launderers
Swedish authorities label certain cryptocurrency exchanges as key enablers of organized crime, highlighting four distinct money-laundering profiles.
Related Posts
BTC price ‘ready to rally’ with Bitcoin bulls clear to charge at $85K — analysis
Bitcoin (BTC) is “ready to rally” again as BTC price action flips bullish on crucial timeframes, trading platform Decentrader says.In its latest market update on Oct. 29, the firm predicted incoming fresh upside for Bitcoin, which has languished below old all-time highs this week.$150,000 end-of-year potentialDespite sideways moves in BTC/USD keeping markets guessing, the odds…
Australia needs blockchain ‘more than ever’ to flip productivity freeze
Australian Parliament Member Andrew Charlton said he believes blockchain technology could add $60 billion to the economy.
Meme pioneer launches NFT lolcats on OpenSea
Meme master ‘Cheezburger’ is releasing a series of NFTs based on his website’s famous captioned ‘lolcat’ photos. 3225 Total views 9 Total shares The original “I Can Has Cheezburger?” meme has become the latest symbol of popular culture to be immortalized as an NFT.The meme’s creator, Eric Nakagawa, announced his foray into a series of…
Fed reverse repo reaches $2.3T, but what does it mean for crypto investors?
The U.S. Federal Reserve (FED) recently initiated an attempt to reduce its $8.9 trillion balance sheet by halting billions of dollars worth of treasuries and bond purchases. The measures were implemented in June 2022 and coincided with the total crypto market capitalization falling below $1.2 trillion, the lowest level seen since January 2021. A similar movement…
Crypto Futures Provider Volumes Increase 500 Percent After Acquisition by Kraken
United Kingdom-based crypto exchange and futures provider Crypto Facilities has significantly increased its trading volumes after being acquired by crypto exchange Kraken, according to the information shared with Cointelegraph Tuesday, Mar. 5.Cointelegraph spoke to Sui Chung, head of cryptocurrency pricing products at Crypto Facilities, according to whom the platform’s trading volumes have increased more than…
Increasing stock market volatility drags Bitcoin and altcoin prices lower
The cryptocurrency market faced another day of downward pressure as the unease in the traditional markets continues to spread following the recent interest rate spike on the 10-year U.S. Treasury bond. Data from Cointelegraph Markets and TradingView shows that the price of Bitcoin (BTC) fell to a low at $44,710 late on Feb. 25 before buying…
Bitmain Launches ‘World’s Largest’ Bitcoin Mining Facility in Texas
Chinese cryptocurrency hardware manufacturer Bitmain has opened what it claims is the “world’s largest” facility for Bitcoin (BTC) mining in Rockdale, Texas. In a news release published on Oct. 21, Bitmain revealed the project had been completed together with the Rockdale Municipal Development District and Canadian technology firm DMG Blockchain Solutions.Pledges to boost the local economyThe news release…
Bitcoin price clips $23K on Pelosi Taiwan visit as trading range persists
Bitcoin (BTC) saw volatility after the Aug. 2 Wall Street open amid ongoing market reactions to tensions between the United States and China.BTC price U-turns as Pelosi lands in TaipeiData from Cointelegraph Markets Pro and TradingView showed BTC/USD spiking above $23,000 on the day as news came in that Nancy Pelosi, speaker of the U.S. House…