Former Solicitor General Donald B. Verrilli, who now serves as Grayscale Investments’ senior legal strategist, raised concerns about US regulators intentionally stifling the crypto industry through debanking practices. In a joint amicus brief filed with Paul Clement, Verrilli highlighted bipartisan worries regarding the regulatory environment for digital assets. The brief, filed on behalf of Custodia
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Recently, the European Banking Authority (EBA) made significant updates to its Travel Rule guidelines, now including crypto service providers and intermediaries. This move is part of the EU’s ongoing efforts to combat money laundering and terrorist financing. Starting from December 30, 2024, all crypto exchanges operating within the European Union will be required to adhere
Recent on-chain data has revealed alarming activity from a dormant Bitcoin wallet that transferred over $6.8 million worth of Bitcoin after 12 years of inactivity. The sudden movement of funds, with a total of 119 BTC, has sparked concerns within the crypto community about a potential sell-off by a significant whale. The two separate transactions
Taiwan Mobile, the second-largest telecom operator in Taiwan, has recently made a significant move by applying for a license to operate as a Virtual Asset Service Provider (VASP). The company’s General Manager, Lin Zhichen, has been named the person in charge, with Taiwan Mobile itself being listed as the legal representative. This step has allowed
The recent sharp decline in the price of Bitcoin can be attributed to several key factors. One of the significant reasons behind this downfall is the impending distribution of 142,000 BTC by the defunct crypto exchange Mt. Gox. This distribution represents 0.68% of the total Bitcoin supply and is set to be distributed among the
BNB has recently experienced a significant drop below the crucial $500 support mark, indicating a bearish trend in the cryptocurrency market. This decline highlights an increase in selling pressure and a growing pessimistic sentiment among investors and traders. As BNB falls below this key level, market analysts are closely monitoring for further downward movement, potentially
Aayush Jindal is a prominent figure in the financial markets, with a career spanning over 15 years in both Forex and cryptocurrency trading. His reputation as a trusted advisor and senior market expert has made him a go-to source for investors seeking guidance in the complex world of modern finance. Aayush’s innate ability to decipher
Aayush Jindal has established himself as a prominent figure in the realm of financial markets, showcasing his expertise in Forex and cryptocurrency trading over a span of 15 years. His reputation as a trusted advisor and senior market expert has attracted investors worldwide, seeking his guidance through the complexities of modern finance. From a young
The Ethereum price has been struggling to break above the $3,250 zone, remaining in a bearish trend. Recently, ETH dropped below the critical $3,000 support level and tested lows near $2,850. This downward movement indicates a lack of buying interest in the market. Looking at the hourly chart of ETH/USD, we can see that the
Bitcoin’s price recently attempted to recover above the $61,500 resistance level but failed to do so. This resulted in another decline in the price, with BTC potentially heading towards the $55,000 mark. The failure to break above key resistance levels has raised concerns among investors and traders, indicating a lack of bullish momentum in the