Tether is set to collaborate with anti-child-abuse network INHOPE to help the industry combat child abuse material marketplaces. Tether aims to increase visibility and mitigate controls of cryptocurrency payments used in child abuse content marketplaces through a collaboration with INHOPE. The stablecoin operator will work with INHOPE, a global network combating online child sexual abuse…
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Lawmakers in the European Union have backed legislation imposing new capital requirements for financial institutions, including strict rules meant to cover crypto-related risks. The latter concern banks keeping digital assets and are expected to enter into force in January, 2025. EU Legislators Approve Draft Law Implementing the Basel III Capital Regulations for Banks Members of…
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Cryptocurrency exchange Binance has reportedly processed nearly $346 million in crypto transactions for Bitzlato, the coin trading platform that was shut down in an international law enforcement operation. U.S. authorities say the world’s largest trading platform for digital assets was among Russian-owned Bitzlato’s major counterparties. Blockchain Data Indicates Binance Moved Over 20,000 BTC for Bitzlato…
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Gabriel Makhlouf reportedly said there was an “uncomfortable” level of crypto advertisements targeting young adults. Gabriel Makhlouf, the governor of the Central Bank of Ireland, reportedly supports legislation that would ban advertising crypto projects to young people. According to a Jan. 25 report from Bloomberg, Makhlouf said before the Committee on Finance, Public Expenditure and…
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One of the country’s largest crypto exchanges has fallen under investigators’ scrutiny over allegations of embezzlement by company executives. According to local news outlet Infomax, South Korean prosecutors requested an arrest warrant on Jan. 25 for Kang Jong-Hyun, chairman and owner of cryptocurrency exchange Bithumb. Kang is wanted on allegations of embezzlement related to his…
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The co-founder of Lifespan.io is harnessing the power of decentralization to support cutting-edge scientific and technological discoveries. Lifespan.io President and co-founder Keith Comito was into longevity before longevity was cool. “We started our nonprofit back in 2014,” Comito said. “Back then, few credible researchers would be caught dead saying they were working on aging. It…
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The chief product officer will receive a healthy severance package as he departs from his role at the exchange. Surojit Chatterjee, the former chief product officer at Coinbase, will officially leave the company on Feb. 3 after reportedly making an estimated $105 million in stock sales. According to disclosures filed with the Securities and Exchange…
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Should the bill pass the legislature, Arizona voters could choose whether virtual currency is tax exempt as part of a November 2024 ballot measure. Lawmakers in the Arizona State Senate are considering a bill aimed at having voters decide whether virtual currency is exempt from property taxation. In legislation introduced to the first session of…
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Episode four of Cointelegraph’s Crypto Trading Secrets podcast features an interview with Nicholas Merten, who shared his opinions on the crypto bear market and more. Nicholas Merten, a crypto trader and the creator of the DataDash YouTube channel, joined Cointelegraph’s Crypto Trading Secrets podcast for an interview with host Benjamin Pirus, discussing a number of…
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Banks could be required to hold a “risk-weighted exposure amount” of up to 1,250% of capital based on exposure to crypto if the full parliament passes the measures. The Economic and Monetary Affairs Committee of the European Parliament has voted for measures requiring banks holding cryptocurrencies to set aside a punitive amount of capital. In…
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