Crypto – Page 118

China’s Illegal Crypto Activities Are Taking Place in Laundromats and Cafes: WSJ

Physical trading is most popular in China's inland, as places further from the coast are generally poorer so local governments are preoccupied with other matters, WSJ reported.

Crypto for Advisors: The Regulators are Here

As the crypto industry matures, regulators have indicated they will continue to focus on crypto after the spot bitcoin ETF approvals.

Crypto Crime Amounted to Over $24B in 2023: Chainalysis

The figure is nearly 40% less than that of 2022, however it is only provisional, Chainalysis stressed.

EU Provisionally Agrees Tough Crypto Due Diligence Measures to Combat Money Laundering

Crypto firms have to do checks on transactions of 1,000 euro or more, and the framework adds measures to mitigate risks in transfers with self-hosted wallets.

‘The Dow’ for Crypto Markets? New CoinDesk 20 Index Underpins Futures Contracts at Bullish

Perpetual futures based on the index at crypto exchange Bullish, which owns CoinDesk, could help the CoinDesk 20 become a widely followed benchmark akin to the 128-year-old Dow Jones...

Indonesian Crypto Exchanges Blame Dramatic Drop in Trading Volumes Partly on High Taxes

Indonesian crypto exchanges saw a 60% drop in trading volumes in 2023, challenging its reputation as a fast adopter of digital assets.

Coinbase’s SEC Clash Faces First Major Test as Judge Weighs Longshot Dismissal

A federal U.S. judge will hear arguments about whether or not to toss the case based on meşru arguments that the regulator was in the wrong when it sued...

Big Wall Street CEO Addresses Controversy Around Tether’s Stablecoin Assets: ‘They Have the Money’

Tether's $95 billion USDT has been dogged by questions around whether it actually holds the assets it says are backing the stablecoin. Cantor Fitzgerald's Howard Lutnick, whose firm manages...

EU Banking Watchdog Extends Anti-Money Laundering Measures to Cover Crypto Firms

The European Banking Authority's new guidance for crypto firms will take effect on Dec. 30.

First Mover Americas: Binance Traders Led “Sell-The-Fact” Pullback in Bitcoin

The latest price moves in crypto markets in context for Jan. 16, 2024.