Sixteen years ago, the world witnessed the launch of a groundbreaking peer-to-peer electronic cash system, Bitcoin, by its enigmatic creator, Satoshi Nakamoto. This innovation sparked a revolution in how people perceive money, currency, and financial assets. Since the release of the Genesis block, over 877,000 blocks have been mined on the decentralized ledger network, marking […]
On New Year’s Eve, Linda Yaccarino, CEO of X Corp (formerly Twitter), shared an exciting glimpse into what 2025 holds for the company. She introduced “X TV,” a new feature on the horizon, and hinted at the much-anticipated payments system, X Money. CEO of X Corp Hints at Social Media App’s Money Transfer Platform Throughout […]
On Tuesday, spot bitcoin and ethereum exchange-traded funds (ETF) attracted a notable $ 745.3 million in combined inflows. The two groups of funds saw steady participation, emphasizing continued investor interest in these assets. Bitcoin ETFs Lead the Pack: Cumulative Inflows Skyrocket to $ 34.35 Billion On Dec. 10, 2024, spot bitcoin ETFs pulled …
Australia’s financial intelligence agency has said it will crack down on cryptocurrency ATM providers to combat money laundering and scams. Task Force Targets Crypto ATMs The Australian Transaction Reports and Analysis Centre (AUSTRAC), Australia’s financial intelligence agency, announced Dec. 6 it will crack down on cryptocurrency ATM providers that fail to comply with the country’s […]
South Korea’s financial regulator says it is taking steps to combat money laundering and other financial crimes involving virtual assets. Virtual Assets and Financial Crime The head of South Korea‘s financial services industry regulator recently vowed to crack down on those who use virtual assets for money laundering. Speaking at Anti-Money Laundering Day, Kim Byung-hwan, […]