Cryptocurrency Analysis and News Portal
Lawmakers in Japan have decided to enforce stricter Anti-Money Laundering (AML) measures to trace cryptocurrency transactions from June 1.On May 23, the Japanese parliament made the decision to roll out tougher AML procedures from next month, according to a report the same day from local media outlet Kyodo News.The move
Read More
According to a May 8 post by Miller Thomson, the law firm representing users of the defunct cryptocurrency exchange QuadrigaCX, interim distribution of funds tied to bankruptcy proceedings will be scheduled "in the coming weeks."Bankruptcy trustee Ernest & Young announced the interim distribution in consultation with estate inspectors. In the
Read More
The network combines applications designed with Daml, Digital Asset’s smart contract language. Digital Asset, which is a financial technology firm, plans to introduce a global privacy-enabled interoperable blockchain network curated to offer a decentralized infrastructure for institutional clients, the announcement for which was made on Tuesday. Participants of the network, which
Read More
EY will make the procedure to file the claims public in the coming weeks, Source
Read More
Financial technology company Digital Asset has announced it will be launching a privacy-enabled interoperable blockchain network designed for institutional assets to provide a decentralized infrastructure, it announced Tuesday. Source
Read More
Xrp plunged to a six-week low on Monday, as cryptocurrency markets moved further into the red. The global crypto market cap fell by over 3% to start the week, which comes days ahead of the upcoming U.S. inflation report. Solana also declined, hitting a multi-week low. Xrp, formerly known as ripple,
Read More
Central banks have continued to consistently purchase gold during the first quarter of 2023, according to the latest report of the World Gold Council (WGC), the global gold statistics organization. Central banks added nearly 230 tonnes of gold to their national reserves, representing a 176% rise compared to the purchases
Read More
Internet payment processor Stripe has introduced a fiat-to-crypto onramp to address the "cold start problem" faced by Web3 companies as a result of customers not having “crypto in their wallets to carry out transactions.”According to a May 4 statement, Stripe’s newly launched fiat-to-crypto onramp – which will be hosted by
Read More
Russia will start to purchase Chinese yuan for its international reserves as soon as this month, according to reports from Russian economists. While analysts state that the purchases will be small and symbolic in the beginning, these will supposedly demonstrate a turnaround in the economy of the country. Russia to Purchase
Read More
Funds stuck on the platform of bankrupt crypto broker Voyager Digital may begin returning to creditors in "the next few weeks," according to a committee of Voyager creditors.A May 4 tweet from the Voyager Official Committee of Unsecured Creditors (UCC) said the now-defunct crypto firm is in the final stages
Read More