Meta's rejection of Bitcoin treasury assessment highlights a cautious approach to cryptocurrency, prioritizing traditional asset management.
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The U. S. Treasury reports highlight NFT risks like fraud and money laundering, recommending regulations and collaboration to enhance market security and protect consumers.
The post U. S.
On April 6, 2023, the U. S. Department of the Treasury published its illicit finance risk assessment on Decentralized Finance (DeFI) services. Non-compliance to Anti-Money Laundering/Countering the Financing of Terrorism (AML/CFT) was identified as the primary DeFi vulnerability exploited by illicit actors.
The US Department of the Treasury has released the world’s first DeFi Illicit Finance Risk Assessment, which analyzes decentralized finance (DeFi) services and their vulnerabilities to “illicit activities.
Tether Limited is back in the news; this time, it has confirmed a banking relationship with a financial institution based out of the Bahamas. The issuer of the controversial USD-pegged stablecoin tether (USDT) announced its partnership with Bahamas-based Deltec Bank & Trust Limited.
Earlier this year, Europol officials arrested 11 individuals and identified 137 others allegedly involved in a large-scale network for laundering drug money with cryptocurrencies as a part of its Tulipan Blanca operation.
According to Coinbase researcher David Duong, decentralized platforms and shifting trader behavior have pushed perpetual futures into a more central market role.
Recovery of assets from a $3.9 million exploit of the Flow blockchain isn't guaranteed, but many users responded positively to a change in the remediation plan.
A key lawmaker overseeing financial institutions reportedly sought to secure a job for one of his sons at a crypto exchange while raising concerns about a competitor.
The purchase lifts the company’s total Bitcoin holdings to 672,497 BTC and ranks among its smaller acquisitions this year compared with earlier multibillion-dollar buys.