Anchorage Digital, a crypto custodian and federally chartered bank, said it will start phasing out and direct institutional clients to convert USDC …
Risks
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PARIS, June 26 (Reuters) – The Financial Action Task Force (FATF), a global financial crime watchdog, on Thursday called on countries to …
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Regulation
International Financial Action Task Force (FATF) Urges Global Action on Crypto Risks
by shayaanby shayaanAn international financial watchdog group based in France is urging stronger global actions against the risks associated with crypto assets. In a …
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Analysis
Barclays To Ban All Crypto Transactions on Its Bank Cards, Citing Volatility Risks
by shayaanby shayaanOne of the biggest financial institutions based in the United Kingdom (UK) is blocking all crypto transactions on its bank cards. In …
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Regulation
US adopts crypto in mortgage risks as Fannie Mae and Freddie Mac update asset models
by shayaanby shayaanUS Federal Housing Finance Agency (FHFA) Director Willian J. Pulte ordered on June 25 that Fannie Mae and Freddie Mac treat cryptocurrency …
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Finance
Bitcoin and Ethereum inflows surge past $1.2B despite rising geopolitical risks
by shayaanby shayaanDigital asset investment products recorded their tenth straight week of inflows, bringing in $1.24 billion last week, according to data from CoinShares. …
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Scams
EU Risks Becoming Crypto ‘Flyover Zone’ Between US, Asia: Franklin Templeton
by shayaanby shayaanIn brief The EU risks becoming a “flyover zone” as its regulatory approach to crypto is outpaced by the U.S. and APAC, …
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Smart Contracts
Why Strategy’s Bitcoin Buys Could Pose Long-Term Risks Despite Boosting Demand
by shayaanby shayaanIn short Strategy 3% owned by Bitcoin is approaching “problematic” levels, which threatens the reserve activa status, says Sygnum. Acquisition vehicles have …
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Regulation
Crypto exchanges still post high risks of money laundering, Luxembourg says
by shayaanby shayaanDespite a drop in trading volumes, Luxembourg authorities warn that crypto exchanges remain a significant money laundering concern due to their online …
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In brief Steak ‘n Shake recently began accepting Bitcoin as a form of payment. Using cryptocurrencies to purchase goods and services has …