The recent approval of new Anti-Money Laundering Regulations (AMLR) by the European Parliament has significant implications for Crypto Asset Service Providers (CASP) in Europe. These regulations mandate the implementation of stringent Know Your Customer (KYC) procedures to combat money laundering. As part of the new laws, obliged entities such as banks, assets and crypto assets
The recent announcement by the European Union (EU) regarding the new anti-money laundering regulation (AMLR) has significant implications for crypto-asset service providers (CASPs) operating within the region. These laws, as outlined under the Markets in Crypto-Assets Regulation (MiCA), aim to empower Financial Intelligence Units (FIUs) to enhance their capabilities in detecting and combating money laundering
The recent Bitcoin halving event, which took place on April 20, 2024, has ignited a sense of hope in the cryptocurrency market. Following the halving, there was a brief period of uncertainty indicated by a drop in a key futures metric. However, overall market indicators are pointing towards a bullish trend gaining momentum. Analysts at
The cryptocurrency market is constantly evolving, with new projects and tokens emerging regularly. One such project that has caught the attention of enthusiasts is the eTukTuk Token ICO. As Dogecoin (DOGE) consolidates, investors are setting their sights on this new green crypto initiative as a potential game-changer in the industry. eTukTuk is not just any
Changpeng ‘CZ’ Zhao, the co-founder and former CEO of Binance, took the initiative to submit a letter of apology to the court on April 24. In his letter, Zhao expressed regret for his past decisions and accepted full responsibility for his actions. He acknowledged that he should have implemented compliance changes at Binance earlier on,
Solana has been facing a difficult time trying to break past the $160 and $170 resistance levels. Despite attempting a recovery wave above $140, the price of SOL is now trading below $160 and the 100 simple moving average (4 hours). This struggle to clear crucial resistance levels is hindering the potential for a significant
The XRP price has been on a rollercoaster ride over the past few days, but recent market analysis suggests that the cryptocurrency may be gearing up for a significant surge. Crypto analysts, such as RLinda, have outlined various factors that could contribute to a potential price increase of up to 70%. One of the key
Bitcoin has experienced a wave of volatility leading up to the recent Halving event, but has managed to rebound successfully. The cryptocurrency has surged to the $66,000 mark, sparking optimistic forecasts from renowned crypto analysts regarding its trajectory in the coming months. Captain Faibik’s Bold Prediction Captain Faibik, a prominent cryptocurrency analyst and trader, has
Recent reports have indicated that Nigerian authorities are stepping up their efforts to crack down on cryptocurrency trading, specifically targeting peer-to-peer (P2P) platforms such as OKX, Binance, KuCoin, and Bybit. A circulating document shared on social media platform X highlighted the government’s plans to take action against these exchanges. While the Central Bank of Nigeria
The cryptocurrency market has always been a turbulent one, with prices constantly fluctuating. XRP, the native cryptocurrency of Ripple, has experienced its fair share of ups and downs. Despite a promising start to the year, the price of XRP has followed the broader market slump triggered by Bitcoin’s correction. However, beneath the surface, a different