How the Crypto Industry Makes Anti-Money Laundering Difficult
What challenges do banks face when offering crypto-related services and what arrangements are needed to establish an effective anti-money laundering framework in this area? These…
Helio Protocol is revolutionizing stablecoins with a new asset class
In its development, the crypto ecosystem has seen the growth of stablecoins with various stabilization techniques. Basically, investors bet on these assets to protect their…
Biden attacks minors
The US government budget for 2024 has a nasty surprise in store for US bitcoin miners. A 30% tax on their electricity is proposed. Tax…
Here’s why the SEC disapproves of the creation of spot Bitcoin ETFs
In 2021, the world’s largest crypto management company filed an application with the SEC. It was a request to convert its stock, GBTC, into a…
CBDC test: SWIFT records a total success!
Society for Worldwide Interbank Financial Telecommunications or SWIFT is a well-known banking messaging platform. The company just spent 12 weeks testing its CBDC project. On…
Game over for Silvergate: The main cryptocurrencies are suffering!
After a colossal loss of 1 billion dollars, Silvergate Bank is in agony. Last Wednesday, the “crypto bank” announced the cessation of its activities and…
BRI successfully completes pilot study on use of CBDCs
The results of the pilot study on the use of CBDCs conducted by the BRI are published. This is Project Icebreaker, in collaboration with the…
Crypto: What Biden’s 2024 budget plan entails
We will soon discover Biden’s 2024 budget plan. It may come as a surprise to a large number of crypto traders and investors. Joe Biden…
Silvergate files for bankruptcy!
Silvergate had been experiencing cash flow difficulties for some time. In just a few days, the company’s stock price plunged 60%. A situation that caused…
Marathon Digital terminates credit facilities with Silvergate Bank
Bitcoin mining company Marathon Digital has announced that it will close lines of credit to Silvergate Bank. This statement comes just after the crypto-bank announced…