US Treasury weighs digital ID verification in DeFi to tackle illicit finance
The Treasury is considering embedding digital identity checks into DeFi smart contracts as part of its GENIUS Act consultation on crypto compliance tools.
The Treasury is considering embedding digital identity checks into DeFi smart contracts as part of its GENIUS Act consultation on crypto compliance tools.
Galaxy Digital CEO Mike Novogratz’s comments come the same week Bitcoin surged to new all-time highs of $124,128.
Withdrawals and trading for Monero (XMR) on the Kraken exchange remain open, and deposits will resume once it is safe, the exchange said.
The current capital reserve requirements and rules make holding cryptocurrencies too costly for banks, limiting the sector's growth.
The crypto industry is set to experience massive growth in the United Arab Emirates (UAE) due to its pro-tech and business regulations.
Without localized risk detection and public–private cooperation, illicit capital will continue to flow unchecked, and trust in the system will collapse.
BitMine and an unknown whale have acquired nearly $882 million in Ether through major OTC desks and exchange withdrawals in a show of growing institutional demand.
The outflow day for spot Ether ETFs comes just after Ether narrowly missed reclaiming its 2021 all-time high.
Gemini, the Winklevoss-founded crypto exchange and custodian, has filed to list on Nasdaq under ticker GEMI, revealing steepening losses ahead of its IPO.
Crypto traders’ “lack of interest” in dip buying Ether compared to Bitcoin could be the catalyst that sees Ether's price go higher, says Santiment.