Cryptocurrency regulations are increasingly aligning with global standards; 73% of eligible jurisdictions have now passed laws to implement the Financial Action Task Force’s (FATF) Travel Rule. The Travel Rule mandates crypto service providers to collect and share users’ transaction data, similar to traditional finance requirements. On June 26, the FATF released its annual report that…
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Crypto exchanges are setting up shop in Europe and securing licenses with EU officials, bringing more competition to the regulated European market. So far this year, OKX, Coinbase, Bybit and Crypto.com have all secured licenses under the EU’s Markets in Crypto-Assets (MiCA) regulation. While it imposes strict requirements on various services in the crypto industry,…
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The Global Dollar (USDG) stablecoin has launched in the European Union, with issuer Paxos claiming compliance with the region’s Markets in Crypto-Assets Regulation (MiCA), as well as oversight from the Finnish Financial Supervisory Authority and Singapore’s central bank. According to a Tuesday announcement, the Paxos-issued USDG is now available in the EU through partners including…
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United Kingdom-based web design and marketing firm The Smarter Web Company has expanded its Bitcoin treasury, purchasing an additional 230.05 BTC for 17.97 million British pounds ($24.7 million) at an average price of 78,103 pounds ($107,126) per coin. The London-listed firm now holds 773.58 BTC acquired at an average price of 78,022 pounds ($107,015), bringing…
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Germany’s biggest bank, Deutsche Bank, is reportedly planning to allow its clients to store cryptocurrencies like Bitcoin next year. Deutsche Bank reportedly plans to launch its digital assets custody service in 2026 in collaboration with the technology unit of Austria-based Bitpanda crypto exchange, Bloomberg reported on Tuesday. The crypto custody service’s development will also involve…
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Key points: Bitcoin is tipped to gain as the S&P 500 starts a month that has been green for the past decade. Maximum July losses for BTC/USD are currently under 10%. Weak price action at the start of the month is nothing to worry about, traders suggest. Bitcoin (BTC) traders expect one of its best-performing…
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Key takeaways: Bitcoin’s 98% supply in profit signals bullish sentiment but warns of volatility and potential price corrections. Analysts predict BTC could hit $200,000 by 2025, but sustained demand is key. Bitcoin (BTC) price predictions of $200,000 by the end of 2025 are becoming increasingly common, as a surge in profitability not only signals growing…
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The Securities Commission Malaysia (SC) is seeking public feedback on a proposal that would allow cryptocurrency exchanges to list certain digital assets without first obtaining explicit approval from the regulator. According to a Monday announcement, the regulator is considering liberalizing the framework for listing some digital assets on exchanges. Under the proposed rules, digital assets…
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A recent warning from the Financial Action Task Force (FATF) about the rise of stablecoin-related crimes does not pose a threat to the cryptocurrency industry, according to executives at blockchain intelligence firms. The FATF’s call to address rising illicit stablecoin activity reflects a need for close monitoring and analysis rather than an effort to curb…
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Four North Korean nationals were charged in the state of Georgia with wire fraud and money laundering after posing as remote IT workers at US and Serbian blockchain companies and stealing almost $1 million in crypto, prosecutors said Monday. According to the US Department of Justice (DOJ), Kim Kwang Jin, Kang Tae Bok, Jong Pong…
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