# NYDFS calls for crypto firms to use blockchain analytics

# NYDFS calls for crypto firms to use blockchain analytics

” NYDFS calls for crypto firms to use blockchain analytics “ In a letter published on Thursday, the New York State Department of Financial Services, or NYDFS, recommended that all virtual currency companies operating under New York banking law adopt blockchain analytics to trace transactions. In supporting the decision, the regulatory agency wrote: “Wallet addresses…

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# ‘Ready, steady, NFT:’ Ukrainian government accepts NFT donations

# ‘Ready, steady, NFT:’ Ukrainian government accepts NFT donations

” ‘Ready, steady, NFT:’ Ukrainian government accepts NFT donations “ Mykhailo Fedorov, Vice Prime Minister of Ukraine and Minister of Digital Transformation of Ukraine, tweeted that the Ukrainian government will accept war effort contributions in the form of nonfungible token (NFT) donations and purchases. Via the official “Aid for Ukraine” crypto fund, individuals can donate cryptocurrency,…

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# Panama’s legislature approves bill regulating crypto

# Panama’s legislature approves bill regulating crypto

” Panama’s legislature approves bill regulating crypto “ Lawmakers in Panama have passed a bill that will regulate cryptocurrencies, including Bitcoin, in the Latin American country. In a Thursday tweet, Panamanian pro-crypto congressperson Gabriel Silva said lawmakers had approved the “Panama Crypto Law” following a third debate. According to Silva, the law will “help Panama…

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# FinCEN acting director says PATRIOT Act provision isn’t ‘right sized’ for crypto enforcement

# FinCEN acting director says PATRIOT Act provision isn’t ‘right sized’ for crypto enforcement

” FinCEN acting director says PATRIOT Act provision isn’t ‘right sized’ for crypto enforcement “ Him Das, the acting director of the United States Financial Crimes Enforcement Network, or FinCEN, said some of the government bureau’s tools to fight money laundering and terrorism financing may be ill suited for crypto. In a Thursday hearing of…

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