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Crypto industry fires back after EU vote to block ‘unhosted’ wallets

The crypto industry has reacted strongly against a EU Parliament committee voting in favor of a regulatory package for tighter know-your-customer (KYC) and anti-money laundering (AML) rules for ”unhosted” private wallets. The new guidelines would require crypto service providers — most commonly exchanges — to verify the identity of every

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EU Parliament Votes on Privacy-Busting Crypto Rules as Industry Rails Against Proposals

The proposals are intended to extend anti-money laundering requirements that apply to conventional payments over 1,000 euros ($1,114) to the crypto sector. They also scrap the floor for crypto payments, so payers and recipients of even the smallest crypto transactions would need to be identified, including for transactions with unhosted

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Gold industry taps blockchain for supply chain management and fraud prevention

Some of the most prominent organizations in the gold industry have joined forces to launch a new “integrity program” that utilizes blockchain technology for supply chain management — a move that’s intended to help market participants verify the authenticity of their bullion.London Bullion Market Association (LBMA) and the World Gold

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TooNFT Looks to Revolutionise the Webtoon Industry via Next-Generation Blockchain Platform – Press release Bitcoin News

press release PRESS RELEASE. Given the rapid evolution associated with technological advancements and new developments regarding Web3 and dApps, TooNFT has decided to launch the decentralised webtoon platform in conjunction with Toomics, which happens to be one of the largest webtoon platforms in South Korea, and to begin gradually transitioning

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With Finance Bill Vote, India Continues to Reckon With the Growing Crypto Industry; Bitcoin, Ether Tread Water

The largest cryptocurrency by market cap was recently holding above $42,400, roughly where it perched 24 hours ago. Ether, the second-largest crypto by market cap, was about as flat over the same period. Cardano's ADA and Axie Infinity's AXS were the stars of the day, each rising about 10%, respectively.

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