Central banks must revise business model, embrace CBDCs — ECB member

The Swiss Financial Market Supervisory Authority (FINMA) passed an anti-money laundering provision on Feb. 7. Citing additional risk, the threshold for unidentified crypto exchange transactions is lowered from 5,000 CHF to 1,000 CHF (approximately $1,020 USD).The provision comes following the enactment of the new Financial Services Act and Financial Institutions Act, which came into force…

The crypto space has notably matured over the last three years. 1965 Total views 10 Total shares The Chicago Mercantile Exchange, or CME, recently announced plans to add Ethereum (ETH) futures to its offering — three years after launching Bitcoin (BTC) futures. Market development has impacted the exchange's decision to branch out. “Since we launched the…

Seven crypto companies have been targeted by 11 lawsuits that were filed in a New York federal court on April 3.The suits were filed by Roche Freedman — the same law firm representing the estate of the late Dave Kleiman in the ongoing dispute with self-proclaimed Satoshi Nakamoto, Craig Wright.Eleven lawsuits target seven crypto companiesThe…

Bitcoin (BTC) continued toward $25,000 on the Aug. 11 Wall Street open amid news that the world's largest asset manager had launched a BTC product.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewSilbert on BlackRock: "Here comes Wall Street"Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it spike to $24,921 on Bitstamp as United States stocks…

Tron (TRX) partnered with cryptocurrency service provider, Metal Pay, to enable instant purchase of TRX in the United States.According to an announcement shared with Cointelegraph on March 25, TRX will now be available for purchase with fiat currency in the Metal Pay mobile application. Users can pay for the crypto asset via debit card or…

The Food and Drug Administration of the Chinese Chongqing Yuzhong District is going to apply blockchain technology to its operations, the official newspaper of the Chinese Communist Party, The People’s Daily, reports on Jan. 31.Blockchain will purportedly be applied by the agency to strengthen the supervision of food and drug quality assurance with better traceability…

Bitcoin (BTC) traders may be gearing up for a sell-off as data shows tens of thousands of coins moving to exchanges.The latest figures from on-chain monitoring resource Coinglass confirm that global trading volume leader Binance’s BTC balance rose by over 50,000 BTC ($1.5 billion) in the past 30 days.Binance takes lion’s share of exchange BTC…

USD Coin holders will soon be able to transfer the stablecoin via human-readable addresses across supported wallets and crypto exchanges. 435 Total views 6 Total shares The bid to introduce human-readable addresses as an alternative to the usual lengthy alphanumeric crypto wallet address system is set to achieve another milestone following the recent partnership between…

According to Bertrand Perez, some lawmakers are still making decisions “too fast or without having education” on crypto, but Libra may given them a push to develop a framework. 423 Total views 37 Total shares Bertrand Perez, chief operations officer of the Web3 Foundation, one of the firms behind the Polkadot blockchain, said a certain…