Satoshi-era dormant Bitcoin address wakes up after 10 years

According to a Chainalysis report, there are a total of 1.75 million dormant BTC addresses inactive for over a decade.

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Crypto Crackdown: $8 Billion Laundered Through Xinbis Marketplace Exposed

Key Takeaways In the increasingly complex world of cybercrime, marketplaces based on the Telegram messaging app are supplanting the more established darknet platforms. A prime example is Xinbi Guarantee, a vast operation entrenched in illicit finance with its nominal headquarters in Colorado, USA. In spite of apparently legitimate incorporation as Xinbi Co., Ltd in August […]

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EU Proposes Cap on Anonymous Crypto Transfers

The European Union is proposing a 1,000 euro cap on anonymous crypto transfers to combat money laundering and terrorist financing. The limit would apply to transfers when a customer cannot be identified, and the proposal also caps cash transactions at 7,000 euros. The Anti-Money Laundering and Countering the Financing of Terrorism package is expected to be confirmed in April. (Read More)

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Venmo will enable fiat-to-crypto payments in May

Users of the mobile payment service will also be able to receive crypto through a QR code or external crypto address.

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South Korea Identifies $7.2B Drained Though Crypto Exchanges

South Korean authorities have raided one of the biggest banks in connection with the illegal crypto transfer investigation.

Continue reading South Korea Identifies $7.2B Drained Though Crypto Exchanges at DailyCoin.com.

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The EU Parliament Passes Bill for Monitoring Crypto Transfers

European Union will extend the decades-old monitoring of financial transactions in traditional finance to Cryptocurrencies. This follows the passing of a new bill by the European Union parliament that seeks to trace the transfer of digital assets to users. The new regulation will address the criticism against digital assets regarding financing illegal activities. The new [...]

The post The EU Parliament Passes Bill for Monitoring Crypto Transfers appeared first on Coinrevolution.

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EU regulator sets restrictive measure guidelines for crypto providers

Crypto-asset service providers that carry out transfers must choose a screening system that allows them to comply with the EU's restrictive measures regimes.

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South Korea plans to regulate cross-border stablecoin transactions

South Koreas Financial Services Commission plans to consult with other jurisdictions, including Japan and the EU, on stablecoin rules.   

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