The notice appears to hint at a possible coming enforcement action against the platform, reminding investors that the AMF “reserves the right, under the terms of the Monetary and Financial Code, to take legal action to block the website of this platform” and that retail investors should “take all necessary measures to avoid being unable to access their assets.” Source
The U.S. Treasury Department wants to continue beefing up anti-money laundering and counter-terrorist financing efforts around digital assets, as part of its broader strategy to tamp down on illicit financing. Source
Financial advisors seeking to navigate the crypto custody landscape must understand the full spectrum of crypto custody options, balancing innovation with risk management to optimize client portfolios. Source
Alexey Pertsev, a developer of Tornado Cash, was sentenced to 64 months in prison for money laundering. Source
“The boost from Runes proves short-lived, however, with users’ activity and fees dropping dramatically over the past week or two,” the authors wrote, noting that “this highlights the ongoing challenge faced by bitcoin miners to maintain a sustainable source of revenue in particular in the post halving environment.” Source
Notcoin, a gaming token that has more than 35 million users, has began trading at a $TKTK fully diluted value (FDV), according to TradingView. Source
Following a $1.7 million early funding round, Brummer said the company is backed by Dan Schulman, the former PayPal CEO of PayPal; Jules Kroll, the founder of Kroll Inc.; Robinhood Inc. and others. Bluprynt intends to offer what it described as “quality, industry-grade disclosure solutions for digital assets and services.” Source
The latest in blockchain tech upgrades, funding announcements and deals. For the period of May 16-22. Source
“The policy covers external cyber threats and attacks that would compromise the platform, as well as internal fraud or employee collusion,” Schwartz said in an interview. “[Munich Re] is not involved at the smart contract level, but is getting involved with the most active players in DeFi, starting with a framework that they are comfortable with, i.e. the security of the private keys and the wallet components.” Source
Chicago Mercantile Exchange (CME) plans to offer spot bitcoin trading in response to demand from clients, according to the Financial Times. Already the top bitcoin futures exchange, CME is aiming to take on the likes of Binance and Coinbase, who dominate the spot market. “Crypto exchanges might lose some business with the potential debut of a bitcoin spot market on the CME, a global derivatives giant, as the present bull run is particularly driven by institutions, who prefer to trade on regulated avenues,” Markus Thielen, founder of 10x Research, said.…