Crypto travel rule fails to meet FATF standards, says report

The Financial Action Task Force (FATF) has issued a renewed call urging countries to adopt and implement the "Travel Rule" as a vital measure to combat money laundering and terrorism financing facilitated through cryptocurrencies. дальше »

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SHIB Rings Alarm Bells; XRP and ETH Will Be Demolished by SEC, Says Max Keiser; BTC Targeting $34,000: Crypto News Digest by U.Today

Let's see what crypto news the weekend has brought with U.Today's news digest дальше »

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Binance eyes United Arab Emirates as ‘focal point’ for future operations

Binance Dubai general manager Alex Chehade says there are plenty of good reasons why the UAE will become the world’s next major crypto hub. дальше »

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Australia’s token mapping to be ‘tech agnostic,’ says Treasury official

Trevor Power hopes the framework will fall closer on the “spectrum” to the EU’s MiCA than the current regulatory position in the United States. дальше »

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‘Keep Australia safe’: Dystopian draft bill against ‘misinformation’ unveiled

The proposed legislation could have serious implications for free speech in Australia, says Shadow Communications Minister David Coleman. дальше »

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Crypto Travel Rule implementation ‘remains relatively poor,’ says FATF

The United Nations body called on all member states to implement the Travel Rule “without delay” to close “loopholes” not currently protected by regulation. дальше »

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Shiba Inu Lead Shytoshi Kusama Says There's Lots to Do

Project lead Shytoshi Kusama has been engaging with community, conveying his commitment to work and core principle of decentralization дальше »

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Bitcoin sees new all-time highs in 3 countries as BTC price pokes $31K

Bitcoin price strength continues into a weekly close that analysis says should stay above $30,000.

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Bitcoin (BTC) Whales Should Only Be Tracked on These Exchanges, CryptoQuant CEO Says

There is only one category of exchanges that should be tracked to understand whales' behavior, CryptoQuant's Ki Young Ju says дальше »

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CryptoLaw.US founder says SEC’s Ripple lawsuit a good “promotion campaign”

The Founder of CryptoLaw. US, John Deaton, who is one of the Ripple supporters that has been closely following the SEC-Ripple suit, has stated that he believes that the current surge in XRP wallets is attributed to the SEC lawsuit against Ripple. дальше »

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Peter Schiff bashes bitcoin again, says recent party will soon end 

Peter Schiff's tweet about the end of the bitcoin party has caused controversy in the crypto community дальше »

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Hong Kong regulator says oversight will strengthen crypto market

Leung Fung Yee, CEO of Hong Kong's SFC, supports regulating virtual asset service providers to promote crypto innovation and market trust дальше »

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Bitcoin maximalist claims Ripple is a “ponzi scheme”

Bitcoin maximalist Max Keiser accuses Ripple of being a "Ponzi scheme" and says CEO Brad Garlinghouse's efforts to save the company are futile дальше »

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Cardano (ADA) Founder Says He Gets Confused for Vitalik Buterin, Here’s Why

Charles Hoskinson has debunked rumor thanks to which he gets confused for Vitalik Buterin дальше »

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Banning Crypto Assets May Not Be Effective in The Long Run, Says IMF

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Senator Cynthia Lummis criticizes SEC’s action against Coinbase, says lawmakers are working on crypto regulation bill

U. S. Senator Cynthia Lummis said the SEC’s recent action against cryptocurrency exchange Coinbase despite its attempts to comply with regulators, “is not the right way to do business in America. дальше »

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MicroStrategy’s Michael Saylor Says Good Things Are On The Way For Bitcoin Investors

The future of Bitcoin is unmatched and its inherent powers to dominate the cryptocurrency industry are flawless, as the future holds on the shoulders of the Giants among other currencies. Even though it has been a difficult 12 months in the past,  Micheal Saylor, an advocate, and a Bitcoin Apostle, passionately sees the obvious invisible […] дальше »

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Sequoia partner says investing in FTX was the right move: Report

Sequoia’s Alfred Lin stood up for the firm’s $213.5 million investment in the now-bankrupt crypto exchange FTX.

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Leveraged Bitcoin Futures ETF to Start Trading Tuesday, Sponsor Says

Volatility Shares’ 2x Bitcoin Strategy ETF (BITX) will become the first leveraged crypto ETF available in the United States after the U.S. Securities and Exchange Commission (SEC) let it go effective on Friday, an executive at the company told CoinDesk. дальше »

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Three Quarters of Jurisdictions Not Complying With Global Crypto Laundering Norms, FATF Says

The global anti-money laundering watchdog FATF said North Korea is using digital assets to fund weapons of mass destruction дальше »

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Bitcoin May Stumble When Rising to $40,000, Mike McGlone Says, Here Are Snags

Leading commodity expert of Bloomberg names headwinds Bitcoin may face in near future дальше »

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BlackRock’s Bitcoin ETF is A Validation of Crypto’s Technology, says Mark Yusko

In a recent interview for CNBC Television, Mark Yusko, the Founder, CEO, and CIO of Morgan Creek Capital, discussed the significance of BlackRock’s new Bitcoin ETF and what it means for both traditional finance and the crypto space moving forward. дальше »

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2024 election could play a key role in crypto regulation, says Coinbase CEO

Key takeaways Brian Armstrong believes next year’s presidential election could be crucial to the crypto industry’s regulation. He pointed out that the crypto industry needs clear regulatory guidelines. дальше »

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'Black Swan' Author Wrong About Bitcoin, Says Analyst

Contrary to statement made by popular author, Bitcoin is actually becoming more decentralized дальше »

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Top Analyst Says Bitcoin Is in Bull Market

Ki Young Ju, a reputed cryptocurrency analyst, believes that Bitcoin is in the midst of a bull market cycle дальше »

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Bitcoin ‘parabolic advance’ means BTC price all-time high in 2023 — Trader

Bitcoin has around four months to go before eclipsing its $69,000 peak if past impulse moves are a guide, says Credible Crypto.

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Shiba Inu Lead Shytoshi Kusama Says He Will Step Away. Here's When

Shytoshi Kusama, the enigmatic lead of the Shiba Inu cryptocurrency ecosystem, has announced his intention to step down from his role once key aspects of the project have been fully implemented дальше »

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Blame game rages over ASX’s failed CHESS system blockchain upgrade

Digital Asset blames ASX for not providing it with crucial information, while ASX says the claims are misleading.

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Shiba Wings customers love the food, not so much the crypto, says owner

The SHIB-themed diner serves hot wings, burgers and cocktails, but despite the branding, still trades mostly in fiat.

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First Mover Asia: Bitcoin Surge May 'Not Be the Beginning of the End of the Bear Market,' Analyst Says

ALSO: CoinDesk Senior Research Analyst George Kaloudis offers a straightforward explanation of why BlackRock and other financial services giants want to offer a spot bitcoin ETF. дальше »

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Prime Trust can’t honor customer withdrawals, says Nevada regulator

Nevada’s business regulator issued a cease and desist order to the crypto custodian, alleging it has a “shortfall of customer funds.” дальше »

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Cryptopay EU card provider loses license, company says card funds are safe

The EU Cryptopay cards may stop working soon as the Bank of Lithuania has revoked the EMI license of the app’s provider, UAB PayrNet. дальше »

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Prime Trust Has 'Shortfall of Customer Funds,' Nevada Regulator Says

Crypto custody firm Prime Trust has "a shortfall in customer funds" and was unable to meet all withdrawal requests this month, the Nevada Department of Business and Industry said Thursday. дальше »

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TrueUSD Says TUSD Stablecoin Has ‘No Exposure’ to Embattled Prime Trust

Stablecoin project TrueUSD said Thursday it had “no exposure” to embattled crypto services company Prime Trust as it raced to shore up confidence in its dollar-backed TUSD. дальше »

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Bitcoin (BTC) About to Reach 'Hope' Stage, Then Jump to 'Euphoria,' Analyst Says

This crypto analyst feels 'hopeful' about next Bitcoin move as BTC sentiment is expected to climb toward 'euphoria' дальше »

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‘Ripple (XRP) Is A Must-Hold For The Next Bull Run,’ Says Bitcoin Maxi

In the often-polarizing universe of crypto, it isn’t often that an established Bitcoin maximalist or advocate publicly places a bet on a different coin. However, in a sudden turn of events, Crypto Rover, a crypto influencer and Bitcoin devotee, recently confirmed his substantial investment in XRP. дальше »

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Shytoshi Kusama Hints He Might Leave SHIB, Top Shiba Inu Member Shares Ways to Help SHIB

Lead developer of SHIB says he may eliminate his position in near future, does he want to leave Shiba Inu for good? дальше »

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AltSignals momentum swells as Fed’s Jerome Powell says crypto has “staying power”

AltSignals news today is that the project’s presale has new momentum. This is after cryptocurrencies rallied amid comments by the US Federal Reserve Chair Jerome Powell that have added to the positive sentiment in the crypto market. дальше »

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Ripple gets in-principle nod for digital asset services in Singapore

Ripple says the “in principle” approval will help scale its “On-Demand Liquidity,” the service it uses to source XRP liquidity to customers. дальше »

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‘The Great Accumulation’ of Bitcoin has begun, says Gemini’s Winklevoss

With spot Bitcoin ETFs filings helping boost the price of Bitcoin, some suggest the “window to front-run institutional demand is closing.” дальше »

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Former Barclays CEO says he ‘loves’ seeing BlackRock involved in crypto

Bob Diamond, a former CEO of Barclays, commented on BlackRock’s recent crypto activities during a CNBC interview on June 21. Diamond, now the CEO of Atlas Merchant Capital, said: “I love seeing some of the more mainstream firms getting involved here like BlackRock…I’m not surprised that they’re more involved now in crypto more broadly. дальше »

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Fed sees stablecoin as form of money, wants ‘robust’ role in its oversight, Powell says

The Federal Reserve chair gave his opinion on draft crypto legislation at the House Financial Services Committee’s semi-annual Fed policy hearing. дальше »

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Powell says stablecoins are a ‘form of money’ that central banks should supervise

U. S. Federal Reserve Chair Jerome Powell said the regulator views payment stablecoins as a “form of money” and believes central banks should supervise them. Powell made the statement in response to Congresswoman Maxine Waters asking whether stablecoin issuers should be licensed and regulated by the Fed during a June 21 hearing. дальше »

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Fed Chair Powell Says Central Bank Needs ‘Robust’ Role Overseeing U.S. Stablecoins

Federal Reserve Chairman Jerome Powell argued for the need for strong central-bank oversight in stablecoin regulations being crafted by lawmakers in the House Financial Services Committee. дальше »

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US Government Moving Seized Bitcoin? On-Chain Analyst Says Otherwise

Is the US Government moving seized Bitcoin to exchange wallets? n-chain analyst Ki Young Ju disagrees, arguing that the wallet in question is likely an exchange hot wallet The post US Government Moving Seized Bitcoin? On-Chain Analyst Says Otherwise appeared first on BeInCrypto. дальше »

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Bitcoin ETF impulse fuels ‘fantastic’ $29K BTC price breakout

Bitcoin is “very unlikely” to leave its trip to $29,000 as a fluke spike, one popular analyst says.

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FTX’s Bankruptcy Fees Already Topped $200M, Court Examiner Says

Transforming a ‘smoldering heap of wreckage’ can cost good money, Katherine Stadler said. дальше »

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Binance Netherlands exit — Dutch central bank says registration failings are confidential

De Nederlandsche Bank cannot share details of Binance’s registration failings in the country due to the confidentiality requirements of its supervisory laws. дальше »

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Avalanche’s Core app launches AI chatbot

Ava Labs’ Core app said in a June 20 Twitter thread that it now offers an AI-powered user assistant chatbot called AvaGPT. AvaGPT answers questions about Avalanche The announcement says that AvaGPT is trained on documentation for the Avalanche blockchain and Core itself (both of which are developed by Ava Labs). дальше »

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BIS says crypto is a ‘flawed system’ but tokenization could underpin future financial system

The Bank for International Settlements (BIS) said crypto and DeFi have highlighted “tokenization’s promise,” but ultimately, crypto is a “flawed system” that cannot become the “future of money. дальше »

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