U.S. Treasury Seeks to Name Crypto Mixers as ‘Money Laundering Concern’
Under pressure to address reports that Hamas and other terrorist groups are partially funded with crypto, Treasury’s FinCEN proposed a rule to categorize mixers as a threat.
Under pressure to address reports that Hamas and other terrorist groups are partially funded with crypto, Treasury’s FinCEN proposed a rule to categorize mixers as a threat.
The New York Attorney General filed early Thursday a lawsuit against Genesis, Gemini and DCG for allegedly defrauding investors of $1 billion.
Can Sun, FTX’s general counsel from August 2021 to the time of the exchange’s collapse in November 2022, testified in the Sam Bankman-Fried fraud trial.
Andy Baehr, head of CoinDesk Indices, discusses scenarios that could be the drivers of mass adoption in crypto.
Since the end of last year, the number installed worldwide has dropped 7,000, or 17%.
Analysts are speculating over whether the lawsuit might have any implications for its GBTC conversion chances.
The prediction is based on potential inflows of as much as $24 billion.
With multisig security, several custodians control the private keys to the bitcoin being held. BitGo will perform this role alongside Coincover and Kingdom Trust.
The funding round was led by Pantera Capital, and included participations from Susquehanna International Group and HashKey Capital
Southeast Asian super-app Grab is currently piloting the new product to cover gas fees for its Singaporean users if they use NFT vouchers.