Everyone knows that the Non-fungible token space was one of the best performing crypto niches last year, a new report from Nonfungible, an NFT data company reveals the extent of the growth.

The post Report: NFT trades top $17 billion in 2021 appeared first on CryptoSlate.

Joe Biden is slated to sign an executive order on cryptocurrency sometime this week. The executive order will be directed towards the regulation and trading of digital currency. Joe Biden Seeks Further Crypto Establishment Given Biden’s history with crypto, traders should be a little worried about what’s to come. Remember last summer’s infrastructure bill? The...

The post Biden Slated to Implement New Crypto Regulation appeared first on Live Bitcoin News.

The UK Financial regulator orders shut down on all Bitcoin ATMs in the United Kingdom and it told operators to shut their machines down right away so let’s read more in today’s latest Bitcoin news. The UK Financial Regulator, UK FCA, told Bitcoin ATMs operators to shut down their machines or will face enforcement action. […]

These continuous alerts, despite no clear examples of violations thus far, mean that crypto operators should be wary. 

The post White House reiterates that the Treasury is on the lookout for crypto in Russian sanctions evasion appeared first on The Block.

Money laundering, automated clearing house fraud and wire transfer scams are running rampant in the banking industry. U.S. financial institutions spent more than $4.5 billion on fraud detection systems in 2021 as continuous threats around real-time payments emerged in the space, according to an analysis from fintech and core provider Fiserv. Executives from Nebraska-based First […]

According to a press release from the U.S. Department of Justice (DOJ), co-founder of BitMEX Samuel Reed has pleaded guilty to violating the Bank Secrecy [...]

The DoJ has charged three crypto trading company owners with defrauding investors out of more than $40 million in Bitcoin and cash.

The post Trio allegedly defrauded $40M with Ponzi-style crypto trading operations appeared first on Protos.

The UK’s financial regulator, the Financial Conduct Authority (FCA) has issued warnings against service providers of all 81 Bitcoin ATMs to shut down after being declared illegal. The FCA is concerned over the fact that crypto ATMs have almost negligible security checks and that none of the providers are actually licensed. This has led to concerns they could be used for money laundering. “We have warned operators of crypto ATMs in the UK to shut their machines down or face enforcement action,” the regulator said, adding… “Crypto ATMs offering crypto-asset exchange services in the UK must be registered with us and comply with UK money laundering regulations. A mere 33 companies are listed on the UK’s crypto-asset register, with a further 22 on a time-limited list permitting trading until the end of March. The FCA has shut down 110 operators to date. “We regularly warn consumers that crypto-assets are unregulated and high-risk, which means people are very unlikely to have any protection if things go wrong, so people should be prepared to lose all their money if they choose to invest in them,” said the FCA.

The post Bitcoin ATMs Shuts Down After Being Declared Illegal in UK appeared first on Cryptoknowmics-Crypto News and Media Platform.

BitMEX’s Samuel Reed, one of the exchange’s co-founders, plead guilty to violating the US Bank Secrecy Act as we can see more today in our latest cryptocurrency news. BitMEX’s Samuel Reed was one of the founders of the exchange alongside Arthur Hayes and Benjamin Delo who recently pleaded guilty to violating the US Bank Secrecy Act. […]

The digital economy is rapidly growing. With the pandemic accelerating the urgency for agility, adaptability and transformation, traditional business models are being disrupted. It’s estimated that over the next 10 years, 70% of new value created in the economy will be based on digitally-enabled platform business models. Meanwhile, research regarding global GDP is forecasting that Read more...

The post Trulioo — Making Waves through Innovation and Inclusion appeared first on Finovate.

A third founding member of embattled crypto exchange platform BitMEX is pleading guilty to breaking a law that requires financial institutions to help the government detect money laundering. According to a new U.S. Department of Justice (DOJ) press release, BitMEX co-founder Samuel Reed is pleading guilty to violating the Bank Secrecy Act weeks after fellow […]

The post Third BitMEX Co-Founder Pleads Guilty to Violating Bank Secrecy Act appeared first on The Daily Hodl.

March 10, 2022       /       Unchained Daily       /       Laura Shin Daily Bits ✍️✍️✍️ Samuel Reed, the third founder of BitMEX, pled guilty to violating[...]

The post Turns Out Crypto (Mostly) Liked the Executive Order appeared first on Unchained Podcast.