Taiwan proposes tougher AML measures for crypto service providers

BTC’s sell-off is easing slightly, but traders are afraid that negative newsflow and future U.S. interest rate hikes could push the price lower. 2215 Total views 8 Total shares Bitcoin's month-long (BTC) choppy price action came to an end on June 13 after a deep market sell-off pressed the top cryptocurrency under the $29,000 support. The…

The Monetary Authority of Singapore is seeking new retail CBDC solutions with a new global challenge offering cash prizes and expert digital currency mentorship. 731 Total views 3 Total shares The Monetary Authority of Singapore, the country’s central bank and a major financial regulator, is challenging fintech companies to pitch solutions for a central bank…

EBA officials anticipate a surge in stablecoin issuance in the coming months and have urged businesses to use its guiding principles before restrictions are implemented. In advance of required regulations expected in the coming year, the banking watchdog for the European Union asked stablecoin issuers to voluntarily follow certain “guiding principles” on risk management and…

The recent volatility in the Bitcoin (BTC) markets has left both bulls and bears facing significant liquidations, with almost $223 million in 24-hour margin calls on leading derivatives exchange BitMEX being evenly spread between BTC shorts and longs.As of when this story was published, a little over $111.5 million, or 50.04% of the total was…

Swiss cryptocurrency industry organization the Crypto Valley Association (CVA) is investigating allegations of foul play by one of its members after the platform closed down last month, CVA officials confirmed in a statement on Feb. 28.According to its website at press time, Blue Trading, also known as BlueTrading, shuttered investment services after what it described…

“If the law has clauses related to money laundering activities — Anti-Money Laundering activities — that’s very important for us," said Panama President Laurentino Cortizo. 399 Total views 15 Total shares Laurentino Cortizo, the president of Panama, has said he won’t sign off on a crypto bill recently approved by the country’s National Assembly without…

Bitcoin (BTC) crashed below $19,000 on Sept. 6, driving the price to its lowest level in 80 days. The movement not only completely erased the entirety of the 32% gains accrued from July until Aug. 15, it also wiped out $246 million worth of leverage long (buy) futures contracts.Bitcoin price is down for the year…