Thailand Introduces Stricter Regulations to Safeguard Crypto Users
The decision to clamp down on unregistered crypto platforms follows a resolution by the Technology Crime Prevention and Suppression Committee, signaling a proactive approach by Thai authorities to combat illicit activities and money laundering within the digital asset sector. Mrs. Pornanong Busaratrakul, Secretary-General of the SEC, emphasized the urgency of the matter during a recent […]
Read More...Decoding the Black Box: How AI is unveiling the secrets of crypto money laundering
The following is a guest post by Brendan Cochrane, Partner at YK Law LLP. Artificial Intelligence tools could revolutionize anti-money laundering efforts in cryptocurrency transactions.
Read More...DeFi whales have millions ‘forgotten’ in bridge contracts: Arkham
One of the wallets includes $1.05 million worth of funds stuck in the Optimism bridge contract, which previously received ETH from Vitalik Buterin.
Read More...IRS Releases Draft Of New Crypto Tax Form Used To Report Transactions
The IRS has offered a glimpse of the future of crypto reporting. The agency has released a draft of Form 1099-DA, Digital Asset Proceeds From Broker Transaction, now available on the IRS website.
Read More...US Presidential Candidate RFK Jr Unveils Plan to Put Entire US Budget on Blockchain
U.S. presidential candidate Robert F. Kennedy Jr. (RFK Jr.) has unveiled his plan to put the entire U.S. budget on a blockchain.
Read More...Venezuela’s Oil Exports Turn to Cryptocurrency to Dodge Sanctions
As a response to the renewed U.S. sanctions, Venezuela has intensified the use of digital currencies in oil transactions. PDVSA, the state oil company of the country, has been integrating cryptocurrency into its payment options for crude oil and fuel exports more and more in recent years with the goal of avoiding the freezing of
Read More...Robert F. Kennedy, Jr. wants to put US budget on blockchain for 24/7 transparency
US presidential candidate Robert F. Kennedy, Jr. said he wants to put the “entire US budget” on blockchain so Americans can inspect it anytime, The Hill reported on April 22.
Read More...Who Is Nadeem Anjarwalla? Embattled Binance Executive Faces Extradition
Fleeing Binance executive, Nadeem Anjarwalla was arrested in Kenya with plans to extradite him to Nigeria. Nadeem Anjarwalla is in the middle of a legal battle with the Nigerian government after he was detained alongside fellow Binance executive, Tigran Gambaryan.
Read More...Investors Fret Over Interest Rates: Digital Asset Outflows Hit $206M
Digital asset investment products recorded $206 million in the past week.
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