Crypto company Celsius spirals toward bankruptcy
CNBC’s Kate Rooney joins Shep Smith to report on the crypto company Celsius, which is headed towards bankruptcy and leaving customers unable to access their money.
EU officials reach agreement on AML authority for supervising crypto firms
“We are putting an end to the wild west of unregulated crypto, closing major loopholes in the European anti-money laundering rules,” said European Parliament member Ernest Urtasun.
EU Finalizes Crypto Money Laundering Rules
A Wednesday meeting secured a final deal on anti-money laundering legislation for crypto transfers which the industry warns could prove harmful for innovation and privacy.
EU backs crypto anti-money laundering rules to crack down on dirty money
European Union (EU) negotiators have agreed on anti-money laundering rules for cryptocurrencies, the European Parliament said in a statement on Wednesday, in the latest sign that regulators are tightening up…
Microstrategy Buys More Bitcoin After SEC Says BTC Is a Commodity — Company Now Hodls 129,699 Bitcoins
Microstrategy has purchased more bitcoin amid a heavy market sell-off. The announcement followed a clarification by the chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, stating that…
Bitcoin Miner Compass Denies Allegations of Unpaid Power Bills to Dynamics
Dynamics Mining took to social media on Sunday with claims that Compass Mining owed hundreds of thousands of dollars.
VET investors should consider these metrics before placing long bets
The price of VET continues to plummet despite the many ecosystem upgrades to the veChainThor blockchain. On 28 June, the VEchain Foundation announced its partnership with Supply@ME Capital PLC, the…
Bitcoin may become ‘massively more valuable’ in the next decade, financial expert predicts
Many financial advisors have shied away from bitcoin and cryptocurrencies.
Circle Partners With New York Community Bancorp — Bank to Custody USDC Reserves
Circle Internet Financial has revealed a usd coin custody partnership with the American bank holding company New York Community Bancorp (NYCB). Under the agreement, NYCB’s subsidiary, New York Community Bank,…
Celsius carried more risk than traditional banks, investor documents show
Crypto lending platform Celsius (CEL) was riskier for users than traditional banks, according to a report by The Wall Street Journal based on investor documents. The post Celsius carried more…
