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The UIAF, which is the Colombian money laundering watchdog, has postponed the date on which exchanges and individuals must start reporting their transactions to the organization. The institution will now open a consulting period in which companies and individuals can present their thoughts regarding the proposed regulation, which might be
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Crypto exchanges would have to share details about the identity and transactions of their users with foreign tax authorities under plans submitted for stakeholder comment Tuesday by the Organization for Economic Cooperation and Development (OECD), which is seeking to avoid foreign digital assets being used to hide wealth. Source
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Got some Satoshi to send or Bitcoin (BTC) wallets to reorganize? It’s increasingly cheap to do so. According to an Arcane Research report, Bitcoin “transaction fees have stayed low since July 2021, showing no signs of rising.” Bitcoin mean tx fees remaining very low despite small hike last week. Source: Arcane
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“A complete implementation of the ‘travel rule’ will prove to be difficult, considering not every technology allows this particular information to be stored and transferred. It would be much easier to set up a global register of identified addresses, a procedure also used in banking,” said Marc Toledo, managing director
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“The business fundamentals and operating environment are entirely different today than at the time of the transaction, though the group would like to apply a valuation that might be achieved today to a set of projects that were pre-monetization during the darkest days of COVID when the transaction took place,”
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Coinbase’s Q4 financial report vastly exceeded market expectations Thursday, after the firm posted $2.5 billion in net revenue for the quarter, beating analyst predictions by 27%. FactSet consensus had forecasted Coinbase to generate approximately $1.9 billion in revenue for the period. Notably, the popular crypto exchange more than doubled transaction revenue
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Cardano is now positioning itself among the rapidly growing blockchain networks by 24-hour transaction volume, surpassing Ethereum and threatening to surpass Bitcoin. Along with this demand, however, is its soaring price. The total number of transactions on Cardano has increased at around 500%, skyrocketing from 5.5 million in March last year
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The Cardano blockchain has experienced an explosion in on-chain activity and now trails only Bitcoin in current 24-hour transaction volume, surpassing Ethereum in the process according to Messari.Cardano (ADA) currently has $17.04 billion in 24-hour transaction volume, according to data from on-chain analytics firm Messari. With Bitcoin (BTC) at $18.85
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The infamous transaction fees of the Ethereum (ETH) ecosystem underwent a decremental phase from Jan. 10 to record the lowest average and median fees of $14.17 and $5.67 — lowest since September 2021. Data from Blockchair shows that the average transaction fee of ETH in January was $53.03, which at its
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