Exploring an issue that continues to spur controversies in the more traditional circles of global finance, a new white paper by international law firm Perkins Coie claims that regulated financial institutions can ensure compliance with anti-money laundering (AML) obligations when supporting privacy tokens. "This 40-page report is the most comprehensive to-date on Read more »Pay,…
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Cryptoasset-power debit card and trading services firm Crypto.com said it is on track to end the year with its figures in the black for the first time in its history. But it will have to accomplish this feat without one of its key partners, after an accounting scandal involving the German card issuer Wirecard forced…
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Central bank digital currencies (CBDCs) like the Chinese digital yuan project may well bring centralization of money to a whole new level, an article by a top Chinese central bank official reveals. In the article, written by People’s Bank of China (PBoC) deputy governor Fan Yifei for the bank’s Financial News newspaper, it was made…
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After first delisting DeFi platform Aave’s LEND tokens back in December 2018 due to “low liquidity,” crypto exchange KuCoin has now re-listed the asset after the price increased more than 6,000%. However, thousands of holders are not even aware that they now hold the tokens. The news about the likely forgotten LEND tokens was first…
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Bitcoin price started a steady recovery above the USD 10,500 and USD 10,550 resistance levels. BTC even surpassed the USD 10,700 level, and it is currently (08:30 UTC) facing resistance near USD 10,800. The main resistance for a sustained upward move is still near USD 11,000. Also, most major altcoins are showing positive signs and…
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The rollout of China’s digital yuan could spend the end for the nation’s ATMs, per a new report – with digital finance marginalizing hole-in-the wall-based technology. Per media outlet Huo Long Guo Cai Jing, the ATM industry was at its peak in 2015, when some 252,000 machines were installed nationwide. However, since 2017, ATMs have…
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Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today. Have we missed something? Do you have information about new listings and/or delistings? Let us know here. _________________________________________ Bibox Listings: Alchemy Pay (ACH) Loopring (LRC) Phala (PHA) Sun Token Read more…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Regulation news In an attempt to help national authorities detect cryptoasset-related money laundering and terrorist financing, the Financial Action Task Force (FATF), a multi-government body, published a new report, Read more »Pay, Trade,…
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Investors have made an official complaint to a South Korean financial regulator about crypto exchange Upbit’s so-called “Dutch auction” listing strategy, claiming that recent listings amount to “back-door” initial coin offerings (ICOs). Per media outlet Paxnet, a group of crypto investors has lodged an official complaint with the Financial Services Commission, the Read more »Pay,…
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Source: iStock/da-kuk The aggregate moving 7-day average crypto market sentiment score for the top 10 coins by market capitalization has dropped by 7.7%, from 5.55 last week to 5.12 this Monday, according to Omenics, a crypto market sentiment analysis service. During the past seven days, most of the top cryptoassets saw their sentiment tumble deeper…
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