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Major Update Coming to China’s AML Legal Framework to Focus on Cryptocurrency Transactions

Benito Cormi2 years ago3 min read

China’s Stricter Anti-Money Laundering Law Targets Cryptocurrency China is taking steps to revise its Anti-Money Laundering (AML) laws to include regulations on cryptocurrency-related transactions in an…

Billionaire Tim Draper’s Strong Support for Bitcoin Predicts a Future Without the Need for Dollars

Benito Cormi2 years ago2 min read

Tim Draper’s Bitcoin Predictions Billionaire venture capitalist Tim Draper recently shared his thoughts on bitcoin in an interview with Bloomberg. He is well-known for his prediction…

SEC Seeks Dismissal of Lawsuit on Debt Box Crypto Firm Due to Court Inaccuracies

Benito Cormi2 years ago3 min read

SEC Drops Fraud Case Against Crypto Firm Debt Box Due to Inaccuracies in Court The U.S. Securities and Exchange Commission (SEC) has decided to drop its…

Fed Keeps Interest Rates Stable, Looks for Assured Inflation Progress; Bitcoin and Gold Maintain Steadiness

Benito Cormi2 years ago2 min read

Fed Holds Rate Steady, Focusing on Inflation Control Confidence The U.S. Federal Reserve has decided to maintain the federal funds rate at its current level until…

New York Community Bancorp Struggles with 40% Share Decline After Disappointing Financial Results

Benito Cormi2 years ago2 min read

Last Year’s Banking Concerns Resurface with NYCB’s Earnings Decline New York Community Bancorp (NYSE: NYCB), which acquired Signature Bank, is facing financial challenges as its stock…

Grayscale Bitcoin Trust Experiences Reduced Pace of Decline as New ETFs Gain Traction, Amassing Over 160,000 BTC

Benito Cormi2 years ago3 min read

Trend of GBTC Outflows Slows Down as Holdings Decrease In the most recent update, Grayscale’s Bitcoin Trust (GBTC) experienced a decrease of 4,461.36 bitcoin, valued at…

Unauthorized Access to XRP Accounts of Ripple Executive Chris Larsen Results in Freezing of Crypto Exchange Assets

Benito Cormi2 years ago2 min read

$112.5 Million Transferred From Chris Larsen’s Accounts There has been a lot of buzz in the X community regarding a significant transfer of XRP from Chris…

30-Day Growth of Stablecoin Market Cap Reaches $4.85 Billion: USDT, USDC, FDUSD Leading the Way

Benito Cormi2 years ago3 min read

The Growing Stablecoin Market In the last month, the combined market capitalization of leading stablecoins has shown significant growth, increasing from $131.71 billion to $136.56 billion.…

UK Trial Begins for Woman Allegedly Involved in Chinese Fraudster’s Bitcoin Money Laundering Scheme

Benito Cormi2 years ago2 min read

Zhang’s Alleged Bitcoin Laundering A British-Chinese woman named Jian Wen is currently facing trial in the UK for allegedly laundering bitcoins that were obtained through a…

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