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A New Jersey jury has convicted a man for his role in a drug trafficking and money laundering operation that used wire transfers and cryptocurrency to move illicit funds. The scheme, which prosecutors in the case say ran for six years, involved importing and distributing fentanyl-related substances. Crypto-Fueled Drug Network The federal jury found William

De Nederlandsche Bank (DNB), the central bank of the Netherlands, wants to play an essential role in the development and testing of the potential digital Euro. DNB believes that people are using less physical cash, and a central bank digital currency (CBDC) could be a game-changer. DNB On Central Bank Digital Currency The bank published…

14 Ukrainian officials underwent specialized training in the investigation of modern financial crimes during a course held in Vienna, Austria, from November 14 to 17. The Organization for Security and Co-operation in Europe (OSEC) reported that a group of supervisory and law enforcement officials from Ukraine was exposed to advanced methods and tools essential for

Wall Street multinational giant JPMorgan Chase became one of the financial backers of TRM Labs. The latter provides blockchain intelligence services to monetary institutions and crypto-focused businesses. Another Crypto Initiative One of the leading American banks – JPMorgan – has not always been supportive of the digital asset industry. In fact, its CEO – Jamie…

As businesses look to offer more payment methods, B2BinPay offers an effective way to send, receive, store, exchange and accept crypto payments. The rise in the number of businesses now accepting cryptocurrency payments has led to cryptocurrency payment solutions becoming more in demand as they offer a borderless, transparent and safe way in which to…

Valkyrie Investments, known for its Bitcoin Mining ETFs, will begin investing in Ether Future ETFs, making it the first to offer exposure to Ether and Bitcoin futures contracts within a single entity. The asset management firm plans to purchase Ethereum Futures on Oct. 3, expanding its offerings range. Valkyrie Expands Offerings with Ethereum Futures Valkyrie

In July, global crypto trading volume on centralized exchanges surged by 19%, reaching $4.94 trillion. This marks the first increase in trading volumes in four months, as reported by CCData. Crypto Trading Volume Surge CCData noted that the increase in trading volume is due to the launch of spot Ethereum exchange-traded funds in the U.S.

In the second hearing dubbed “Examining Regulatory Frameworks for Digital Currencies and Blockchain”, Nevada’s senior senator, Catherine Cortez Masto, said that blockchain technology has potential and isn’t going away. Blockchain Is Not Going Away Today, the United States Senate Committee on Banking, Housing, and Urban Affairs once again discussed the potential creation of a regulatory…

The latest edition of the Bitfinex Alpha report revealed that cryptocurrency traders are bracing themselves for “choppy waters” ahead due to bitcoin’s sudden plunge after a languid period. On-chain data analyzed by researchers at crypto exchange Bitfinex showed a surge and flatline in implied and historical volatility metrics, suggesting that traders have adjusted their strategies…