Europol, the EU’s law enforcement cooperation agency, has called on EU member states to press crypto businesses to enforce tighter know-your-customer (KYC) policies. The organization also wants exchanges to communicate more with regulators to combat what it believes is a rising crime wave powered by cryptoassets and privacy wallets. In its Internet Organised Crime Threat…
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Bitcoin is trading above the USD 10,550 and USD 10,650 support levels. Having said that, BTC is approaching a crucial breakout zone near USD 10,800 and USD 10,950. The price is currently (08:30 UTC) trading well above USD 10,650 and it seems to be preparing for the next major move. Similarly, most major altcoins are…
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The combined moving 7-day average crypto market sentiment score (sentscore) for the top 10 coins by market capitalization has slightly recoverd from last week’s 4.98/10 to the current 5.18. This brings it nearer to the positive zone where it resided for a while this summer, and back into the 5-5.9 range where it mostly stood…
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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. Crypto adoption news Blockchain advocacy group Chamber of Digital Commerce Political Action Committee (PAC) will be contributing USD 50 worth of bitcoin (BTC) to the campaign of each member of the US Congress…
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Bitcoin price found support above USD 10,350 and the bulls managed to avert a sharp decline below the USD 10,250 support. BTC started a sharp increase above USD 10,550, but it failed to surpass USD 10,800. The price is currently (08:30 UTC) trading near USD 10,700 and it might correct lower towards USD 10,550. Besides,…
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Mexican firms and individuals have reportedly processed 11% of all the retail payments made in crypto in Latin America from July 2019 to the same month in 2020 – with most of the crypto used in these transactions originating in the United States. According to El Economista, Chainalysis expert Daniel Cartolin presented a report to…
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Donald Trump. Source: a screenshot, Instagram/realdonaldtrump US President Donald Trump confirmed that he and First Lady Melania Trump have both tested positive for COVID-19. Following the news, bitcoin (BTC) dropped and gold rose in the markets. The President and the First Lady reportedly contracted the virus after Hope Hicks, known as one of the President’s…
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The major consulting company, PwC said that the increased interest in cryptoassets from tax authorities and other regulators shows that this asset class is now finally being taken seriously. (Updated at 14:59 UTC: the new last paragraph has been added). "What our research shows is that the guidance issued by many tax authorities is already…
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Arthur Hayes. Source: a video screenshot, Youtube, Distributed Three owners of major crypto derivatives exchange BitMEX and five related companies charged with operating an unregistered trading platform and violating multiple regulations, the US Commodity Futures Trading Commission (CFTC) said today. The defendants include Arthur Hayes, Ben Delo, and Samuel Reed, who operate BitMEX’s platform Read…
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An employee at one of South Korea’s biggest commercial banks stole and embezzled thousands of USD worth of bank funds to make their own crypto investments, a new report has found. Per Choseh Keumyong Shinmun, the country’s top financial regulator, the Financial Supervisory Service, has this week compiled and submitted a new report on financial…
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