Bitcoin exchange inflows drop to 10-year lows after $74K all-time highs
Bitcoin exchanges are seeing the kind of daily inflows more associated with BTC prices under $1,000.
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UAE employs blockchain tech for remote litigation services
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Insurance Giant AXA XL Launches Security Token and Crowdfunding Insurance Service
Insurance giant AXA XL and insurance technology startup Assurely have jointly launched a new insurance product covering equity crowdfunding and Security Token Offerings (STOs), according to a press release published on March 6.The new product dubbed CrowdProtector is designed for issuers and investors, and purportedly protects new online capital formation strategies like equity crowdfunding and…
VanEck’s MVIS and CryptoCompare Launch Bitcoin Benchmark Rate
VanEck company MVIS and crypto data provider CryptoCompare are launching a new hourly Bitcoin Benchmark Rate. 908 Total views 39 Total shares VanEck company MVIS and cryptocurrency data provider CryptoCompare are launching an hourly Bitcoin (BTC) Benchmark Rate, which has been developed in close cooperation with cryptocurrency bank SEBA.In an announcement on June 3, MVIS…
Bitcoin miners sell their hodlings, and ASIC prices keep dropping — What’s next for the industry?
Crypto companies are going belly up left and right, and Bitcoin mining companies also appear to be taking on water faster than they can bail. In mid-June, Compass Mining CEO Whit Gibbs and chief financial officer Jodie Fisher abruptly resigned after allegations that the Bitcoin mining hardware and hosting company had failed to pay hundreds…
FATF Meeting Scheduled to Discuss VASPs Compliance With Travel Rule
The Financial Action Task Force (FATF) has a plenary meeting scheduled on June 24 to assess the progress of Virtual Asset Service Providers (VASPs) worldwide in enforcing the organization’s “travel rule”.According to Pawel Kuskowski at Forbes, the FATF meeting will be held virtually in two weeks to discuss the organization’s guidelines intended to make VASPs…
Obama’s Under Secretary for Terrorism Appointed CEO of Libra
A man who enforced anti-money laundering under two U.S. presidents has been named the CEO of the Libra Association. May 6, the Libra Association announced the appointment of Obama’s former under secretary for terrorism as its first CEO.Stuart Levey served as an under secretary for terrorism under the administrations of George W. Bush and Barack…
European Central Bank tries to quell Germans’ doubts about digital euro
A future digital euro wouldn't be a threat to savers, say officials from the European Central Bank. 335 Total views 2 Total shares The European Central Bank, or ECB, has been investigating the possibility of launching a digital euro project within five years to complement existing central bank money. But whereas high-profile leaders such as…
Crypto cross-border payments, explained
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