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” Bitstamp asks users to update the source of their crypto, citing regulatory compliance “ Major global cryptocurrency exchange Bitstamp continues increasing compliance efforts by requesting its users to provide more data like their source of wealth. In an email notification to users on Wednesday, Bitstamp informed its customers about the ongoing policy upgrades on…
” Reputation DAO: Would you give up privacy for unsecured loans in DeFi? “ An ambitious new decentralized autonomous organization (DAO) has built a data service for lending platforms that records a user’s financial reputation to reduce the amount of collateral needed for a loan. It has partnered with Chainlink and that protocol’s founder Sergey…
” MEP Stefan Berger: ‘Yes, we need regulations, but you still have to leave room to breathe’ “ The European Parliament’s Committee on Economic and Monetary Affairs recently approved a draft of its comprehensive Markets in Crypto Assets, or MiCA, crypto regulation package. The new framework covers a wide range of crypto-related subjects, such as…
” Crypto.com’s Cronos partners with Chainalysis to track CRC-20 tokens “ Cronos has partnered with the blockchain intelligence firm Chainalysis to enable real-time transaction monitoring tools for the Cronos (CRO) token and all CRC-20 tokens running on the Cronos network, according to an announcement shared with Cointelegraph on Wednesday. The new compliance integration aims to…
” Crypto mixers’ relevance wanes as regulators take aim “ Cryptocurrency mixers have been an interesting topic of discussion ever since the advent of cryptocurrencies and their adoption by retail investors around the world. Cryptocurrency mixers are services that essentially focus on one feature of a blockchain network: privacy. Cryptocurrency mixers, also known as tumblers,…
” Unhosted is unwelcome: EU’s attack on noncustodial wallets is part of a larger trend “ Last week, the European Parliament’s Committee on Economic and Monetary Affairs (ECON) and the Committee on Civil Liberties, Justice and Home Affairs (LIBE) voted in favor of a regulatory update that could compromise the exchange platforms’ ability to deal…
” EU Parliament can outlaw transacting with ‘unhosted’ wallets, crypto advocate warns “ Less than a week after a potential ban on Proof-of-Work (PoW) digital assets was dropped from the EU’s prospective MiCA framework, a new threat to the crypto industry could be emerging in the European Union. This time, it is non-custodial, or unhosted,…
” Privacy coins are surging. Will regulatory pressure stall their stellar run? “ Recent weeks saw a massive surge of the so-called privacy coins’ prices — namely Monero (XMR), Dash (DASH), Zcash (ZEC) and Haven Protocol (XHV). As many other cryptocurrencies and the industry at large faced immense regulatory pressure amid the war in Ukraine,…
” DEXs and KYC: A match made in hell or a real possibility? “ In his monthly crypto tech column, Israeli serial entrepreneur Ariel Shapira covers emerging technologies within the crypto, decentralized finance and blockchain space, as well as their roles in shaping the economy of the 21st century. The White House came out with…
” Yuga Labs faces user backlash for under wraps KYC-restricted project “ Yuga Labs, the creator of the Bored Ape Yacht Club, or BAYC, teased a new collaboration with blockchain game publisher Animoca Brands on Twitter on Thursday. The catch is that no details about the project have been revealed yet, and users who signed…