Decentralized finance has long promised open financial markets that anyone can access without intermediaries. Despite the rapid growth of crypto infrastructure, large …
money
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Regulation
DOJ Indicts Paxful Founder Days After Company Pleads Guilty to Money Laundering Charges
by shayaanby shayaanNoOnes founder Ray Youssef is being investigated by the US Department of Justice (DOJ). The probe centers on allegations that Youssef’s peer-to-peer …
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Markets
International finance watchdog warns stablecoins are increasingly used in sanctions evasion and money laundering
by shayaanby shayaanIn its latest report, the global standard setter FATF said stablecoins now account for the bulk of illicit crypto activity and pose …
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The measure, passed by the Argentine Securities and Exchange Commission (CNV), will allow Argentines to invest previously undeclared funds into cryptocurrency exchanges …
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NFT games have opened up a whole new avenue for players to convert their gaming hours into real money. These games don’t …
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Finance
Crypto VC funding surging again sounds like a rally, until you trace where the money actually lands
by shayaanby shayaanDragonfly Capital closed its fourth fund at $650 million this week, the same size as its 2022 vehicle, raised into a venture …
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Michael Saylor’s latest message is blunt and direct: “Go Bitcoin today — the money won’t fix itself.” He’s pressing an idea he …
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The Joint Chiefs of Global Tax Enforcement (J5) published two advisories on Thursday warning that over the counter (OTC) crypto trading desks …
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Markets
U.S. DOJ hits Paxful for $4 million in case tied to illegal sex work, money laundering
by shayaanby shayaanThe crypto platform’s penalty was sharply reduced due to its ability to pay, according to U.S. authorities. www.coindesk.com
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Bitcoin is navigating one of its deepest conviction zones yet, a phase that tests nerves more than it screams opportunity. While prices …