English News
Swiss FINMA Highlights Money Laundering Risks in Digital Assets
(Crypto News)-20/11/2024The Swiss Financial Market Supervisory Authority (FINMA) identified digital assets as a high-risk area for money laundering in its latest Risk Monitor report.In the annual report, FINMA emphasized the vulnerabilities of digital assets, highlighting their use in financial crimes such as sanctions evasion and the importance of robust regulatory oversight to mitigate these risks.FINMA Issues […]
Russian Firm Warns of New Trump Deepfake Crypto Scam Bot
(Crypto News)-20/11/2024A Russian security provider has warned that fraudsters are using a new Donald Trump deepfake crypto scam bot.RBC reported that the claims came from FACCT (Fight Against Cybercrime Technologies), a Moscow-based company that develops anti-cyber attacking solutions.Trump Deepfake Crypto Scam Bot: Frausters to Target TikTok?FACCT said it had discovered a bot circulating on a popular chat app […]
Opinion: The Future of Smart Cities Will Be Powered by Blockchain
(Crypto News)-20/11/2024The concept of smart cities is driven by the goal of using technology to create an interconnected, intelligent urban environment. It creates a synergy between technology and our physical environment, improving quality of life and encouraging sustainable growth.The Internet of Things (IoT) promised to make this possible – a network of sensors and devices […]
America’s ‘Most Pro-Bitcoin Congress Ever’ Has Promises to Keep
(Crypto News)-20/11/2024Cryptocurrency players went into the U.S. general elections to gain influence and shape policy outcomes. At $238 million, their campaign spending easily outsized the election budgets of the oil and pharmaceutical industries.The industry lined up with “crypto candidate” Donald Trump, demanded an end to punitive regulation, and poured millions of dollars into sympathetic legislative […]
Expert Reveals UK Crypto Predictions for 2025
(Crypto News)-20/11/2024It’s been a blockbuster year for Bitcoin — and attention is already turning to what 2025 might have in store for the crypto markets.Donald Trump is set to return to the White House in January 2025, and widely expected to start relaxing regulations as soon as he enters office.The outlook’s also bullish across the pond, with the managing director of Kraken […]
China’s Nano Labs Accepts Bitcoin Payments
(Crypto News)-13/11/2024Hangzhou-based integrated circuit design company Nano Labs announced on November 11 that it will now accept Bitcoin as payment for its products through a business account on Coinbase.Nano Labs Now Accepts Bitcoin: Is This the Beginning Of China’s Crypto Recognization?According to the press release, the company is aligning its strategy to embrace the growing […]
Russian Economist: Belief in Crypto Is Driving Bitcoin to New Highs
(Crypto News)-13/11/2024A leading Russian economist said belief in crypto is “driving Bitcoin to new highs,” after BTC prices reached a new record high of over $84,000 on November 11.However, the same expert warned that prices would “definitely” drop after bull market pressures fall away.Russian Expert: Belief Is Now Driving BitcoinPer the state-run news agency TASS, the comments came from Andrey […]
Trump Admin Prepares Govt. to Take Relaxed Stance on Cryptos: Report
(Crypto News)-13/11/2024Trump’s incoming administration would appoint pro-crypto candidates for key positions and adopt a more liberal stance on cryptos.Trump 2.0 is preparing to implement his campaign promise of making the US the “crypto capital of the planet.” According to a Washington Post report, Trump is exploring new personnel and policies that would relax crypto regulatory environment in the […]
Bitcoin Is Becoming a ‘Political Imperative’ After Trump’s Win: NYDIG
(Crypto News)-13/11/2024Bitcoin financial services and infrastructure firm NYDIG recognized Bitcoin’s growing political role after Donald Trump’s re-election, outlining potential regulatory changes for the crypto industry on Monday.In a Monday report, NYDIG Head of Research Greg Cipolaro explained how Trump’s backing of Bitcoin, including his proposal for a Bitcoin reserve and anticipated leadership changes at key […]
Justin Whitehouse: ‘UAE Is Open for Business for Crypto Fintechs’
(Crypto News)-13/11/2024The UAE’s recent decision to exempt cryptocurrencies and digital assets from VAT law marks a pivotal shift in the nation’s stance toward crypto. As a regional leader in financial innovation, the UAE has long been building a foundation to attract fintech and crypto firms, and these amendments only add to its appeal.The regulatory clarity provided by […]
Bitcoin trader sees all-time high ‘this week’ as BTC price nears $73K
Bitcoin trader sees all-time high ‘this week’ as BTC price nears $73K(Crypto News)-30/10/2024Bitcoin trader consensus: “Pullback, then higher”Data from Cointelegraph Markets Pro and TradingView captured nearly 4% BTC price gains on the day.After consolidating through the Asia trading session, upside momentum returned to BTC/USD as bulls kept up pressure on sell-side liquidity.Commenting on the current moves, Keith Alan, co-founder of trading […]
Payment Giant Ant CEO Eric Jing: Tokenization is Key to Financial Transformation
(Crypto News)-30/10/2024Ant Group CEO Eric Jing Xiandong said that tokenization has the potential to power real-time cross-border payments.Tokenization and AI were the two main themes of the Hong Kong FinTech Week.Speaking to the attendees on Monday, in a panel discussion with Howard Lee, deputy chief executive of the Hong Kong Monetary Authority (HKMA), Jing noted that this […]
Paxos Letter to Harris and Trump Highlights Urgent Need for Stablecoin Regulation
(Crypto News)-30/10/2024In an open letter addressed to Vice President Kamala Harris and former President Donald Trump on Tuesday, Paxos CEO Charles Cascarilla called for decisive U.S. action on digital asset regulation.He emphasized that establishing a clear framework for stablecoins and blockchain technology is critical to maintaining the nation’s financial leadership amid growing international competition.Cascarilla’s letter underscored […]
Canadians Reluctant to Adopt Digital Dollar: Bank of Canada Reports
(Crypto News)-30/10/2024A recent Bank of Canada report, published on Monday, highlights Canadians’ cautious response to a potential digital dollar, with many still preferring traditional payment methods like cash and cards for daily transactions.Conducted in July, the Bank of Canada survey found that while 42% of Canadians have a positive impression of the digital dollar concept, […]
Donald Trump silent on World Liberty Financial, team unveils WLFI token
(Coin Telegraph)-18/09/2024Donald Trump didn’t end up talking about World Liberty Financial — his family’s new crypto platform — during a so-called launch event on X, but the team eventually shared information about the project’s token.The former United States president was interviewed by crypto influencer Farokh Sarmad in a Sept. 16 X Space, his first public […]
50 days until US election, crypto Super PAC pours $7.8M into Senate races
(Coin Telegraph)-18/09/2024The Protect Progress political action committee (PAC) has spent roughly $7.8 million to support Democratic candidates for the United States Senate races in Arizona and Michigan.According to a Sept. 14 filing with the Federal Election Commission, the Super PAC spent roughly $4.1 million on a media buy for Arizona Representative Ruben Gallego, who is running to […]