# France moves to ban anonymous crypto accounts to prevent money laundering

# France moves to ban anonymous crypto accounts to prevent money laundering

“# France moves to ban anonymous crypto accounts to prevent money laundering ” French financial authorities are strengthening the country’s cryptocurrency regulations in a move to prevent illicit activities like money laundering and terrorism financing. On Dec. 9, several ministries in France jointly introduced an order aiming to prevent anonymous digital asset transactions by banning…

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# Bitcoin will gain from distrust in traditional finance, says bank strategist

# Bitcoin will gain from distrust in traditional finance, says bank strategist

“# Bitcoin will gain from distrust in traditional finance, says bank strategist ” Bitcoin (BTC) poses a significant threat to the world’s reserve currency, the United States dollar, according to a strategist at major American investment bank Morgan Stanley. Ruchir Sharma, chief global strategist at Morgan Stanley Investment Management, believes that the dollar’s reign is…

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# PowerPool launches ‘meta-governance token’ for Yearn ecosystem

# PowerPool launches ‘meta-governance token’ for Yearn ecosystem

“# PowerPool launches ‘meta-governance token’ for Yearn ecosystem ” PowerPool, a project exploring the utility of Ethereum-based governance tokens, has launched YETI — an index and “meta-governance” token for the Yearn.finance ecosystem. YETI was conceived by Messari’s Ryan Watkins, who published the proposal for a Yearn Finance ecosystem index token to PowerPool’s governance forums on…

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# Paxos seeks approval to become fully-regulated crypto bank

# Paxos seeks approval to become fully-regulated crypto bank

“# Paxos seeks approval to become fully-regulated crypto bank ” Stablecoin creator and crypto services provider Paxos filed an application to open a national bank on Wednesday. If approved, the pioneering Paxos General Trust will be headquartered in New York, licensed to hold cryptocurrencies and execute the duties of a regular trust bank. According to…

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