U.S. Treasury Targets Crypto Mixers in Anti-Money Laundering Move
The Biden administration has designated crypto "mixers" as primary money-laundering hubs. In a Thursday notice, United States Treasury Department’s Financial Crimes Enforcement Network (FinCEN) proposed requiring domesti...
In a Thursday notice, United States Treasury Department’s Financial Crimes Enforcement Network (FinCEN) proposed requiring domestic financial institutions and agencies to "implement certain recordkeeping and reporting requirements" for transactions involving crypto mixers....
Read More: U.S. Treasury Targets Crypto Mixers in Anti-Money Laundering Move
Original source
Read on CryptonewsRelated market context
Aave Proposal Moves To Add Circle Wrapped Bitcoin As Collateral
TL;DR Aave Labs has proposed onboarding Circle Wrapped Bitcoin, or cirBTC, to Aave V3 Core and Aave V4 Core on Ethereum. The propo...
SEC targets 20-year-old rule standing between Wall Street and blockchain trading
The Securities and Exchange Commission (SEC) is moving to dismantle a stock-trading rule that has governed Wall Street for two dec...
Zimbabwe moves to regulate cryptocurrency sector with mandatory registration and annual fees
Zimbabwe's crypto regulation could enhance sector legitimacy, attract formal investment, and facilitate international financial pa...
Banks are buying Bitcoin vaults, but a quantum problem may be waiting inside
The banks are finally buying the vaults. In May, BNY, the world's largest custodian with $59.4 trillion in assets under custody an...
Bitcoin treasury stock volume collapses 49% to $17B daily average
The decline in Bitcoin treasury stock volume highlights shifting investor preferences towards ETFs, potentially impacting Bitcoin'...
Standard Chartered Says Bitcoin Bottomed Near $59,000 As Crypto Winter Ends
TL;DR Standard Chartered’s Geoffrey Kendrick reportedly says Bitcoin’s $59,000 area marked the cycle bottom. The note cites SpaceX...