Auto Added by WPeMatico

BBVA Enhances Institutional Crypto Solutions With USDC Integration

BBVA has integrated stablecoin USDC into its services in Switzerland, allowing institutional clients to manage USDC alongside traditional investments. This move enhances efficiency and enables faster, secure crypto trading. The…

Continue ReadingBBVA Enhances Institutional Crypto Solutions With USDC Integration

Brazilian Tax Watchdog Uses AI Tool to Identify Operations Linked to Over $180 Million in Crypto-Related Tax Fraud

The Federal Revenue Service, the Brazilian tax watchdog, recently revealed that it has been using an in-house tool that leverages AI to detect money laundering and tax evasion transactions involving…

Continue ReadingBrazilian Tax Watchdog Uses AI Tool to Identify Operations Linked to Over $180 Million in Crypto-Related Tax Fraud

Nigerian Regulator Threatens Crackdown on Unlicensed Crypto Entities

The Nigerian Securities and Exchange Commission (SEC) has vowed to crack down on unlicensed cryptocurrency businesses targeting Nigerians. This comes just two weeks after approving two crypto exchanges and promising…

Continue ReadingNigerian Regulator Threatens Crackdown on Unlicensed Crypto Entities

Kraken Adjusts Margin Product to Comply With Australian Crypto Law, Calls for Clearer Regulation

The Australian Federal Court ruled that Kraken’s fiat margin extensions are subject to regulatory obligations, but crypto margin extensions are not. Kraken acknowledged the decision but stressed the need for…

Continue ReadingKraken Adjusts Margin Product to Comply With Australian Crypto Law, Calls for Clearer Regulation

SEC Warns of Bitcoin and Ether ETF Risks — Labels BTC, ETH Highly Speculative Investments

The U.S. Securities and Exchange Commission (SEC) has issued a bulletin warning about the risks of bitcoin and ether exchange-traded funds (ETFs), highlighting their speculative nature. The regulator urged investors…

Continue ReadingSEC Warns of Bitcoin and Ether ETF Risks — Labels BTC, ETH Highly Speculative Investments

Binance-Backed Tokocrypto Achieves Major Milestone With Indonesian License

Crypto exchange Tokocrypto, a part of Binance Group, has achieved a major milestone by securing the Physical Crypto Asset Trader (PFAK) license from Indonesia’s Commodity Futures Trading Regulatory Agency (Bappebti),…

Continue ReadingBinance-Backed Tokocrypto Achieves Major Milestone With Indonesian License

Trump Victory Could Boost Bitcoin to $90K — Harris Win Might Sink BTC to $30K Level, Says Bernstein

Bitcoin may rise to $90,000 by the end of the year if former U.S. President Donald Trump wins the presidential election, according to brokerage and research firm Bernstein. The firm’s…

Continue ReadingTrump Victory Could Boost Bitcoin to $90K — Harris Win Might Sink BTC to $30K Level, Says Bernstein

FBI Reports 45% Rise in Crypto Fraud, $5.6 Billion Lost, 71% From Investment Scams

The Federal Bureau of Investigation’s Internet Crime Complaint Center has revealed a sharp rise in cryptocurrency fraud complaints, with over 69,000 cases and $5.6 billion in losses. Investment scams accounted…

Continue ReadingFBI Reports 45% Rise in Crypto Fraud, $5.6 Billion Lost, 71% From Investment Scams

Dormant Bitcoin Wallet From 2013 Springs to Life With $8M Transfer

On Monday, as bitcoin began bouncing back from its recent dip to $52,546 just three days earlier, a dormant bitcoin wallet suddenly sprang to life. For the first time since…

Continue ReadingDormant Bitcoin Wallet From 2013 Springs to Life With $8M Transfer