Singapore flags digital payment tokens as high-risk in AML landscape

The layer one (L1) battle is starting to heat up again and multiple protocols have seen their token values rise in recent weeks as traders venture out to see what life is like outside of the Ethereum (ETH) network. One L1 protocol that has seen its token price climb to a new all-time high this week…

Bitcoin will be likely gaining “upper hand” versus stocks this year, according to Bloomberg Intelligence analyst Mike McGlone. 1665 Total views 25 Total shares Despite cryptocurrency markets dropping to multi-month lows, major cryptocurrencies like Bitcoin (BTC) and Ether (ETH) are likely to hit new all-time highs in 2022, according to a Bloomberg analyst.BTC and ETH…

The filing suggested Prime Trust had financial liabilities to its users totaling more than $82 million in fiat and $800,000 in crypto. Following the filing of a cease and desist order, Nevada’s Financial Institutions Division has again moved against crypto custodian Prime Trust by petitioning for the appointment of a receiver.In a June 26 filing,…

The former chief regulatory officer of FTX has supported a motion that would stop FTX from using Sullivan & Cromwell LLC as its lead bankruptcy counsel. 220 Total views 4 Total shares Own this piece of history Collect this article as an NFTA former FTX chief lawyer has accused the company's US general counsel of…

Senators Elizabeth Warren and Bill Cassidy are asking federal agencies about their technical capacity to combat crypto payments in the sale of child abuse material.

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision.Market data is provided by the HitBTC exchange.Intercontinental Exchange Inc (ICE) has been loading up on digital assets…

The SEC highlighted contradictory conclusions from similar cases, along with other pending decisions as some of the contentious legal issues. 178 Total views 1 Total shares The U.S. Securities and Exchange Commission has submitted a filing urging the court to grant its motion to appeal a ruling from the Ripple Labs lawsuit that deemed that

Major American cryptocurrency exchange Coinbase said that the EOS network is having some issues.On Feb. 20, Coinbase issued a status update stating, “EOS network has degraded performance. Sends and receives might be delayed.” The exchange posted a tweet two days later, stating that the EOS network was still suffering from degraded performance and that hat external…