The NCA called for regulation of crypto mixing tech as it may be used by criminals to legitimize illegal transactions. Source
UK's Law Enforcement Agency Calls for Regulation of Crypto Mixing Tech: Report
Tag: Report
Department of Justice Targets Crypto Exchanges in Effort To Clamp Down on Russian Oligarchs: Report
The Department of Justice (DOJ) says crypto exchanges will be included in a sweeping new strategy to clamp down on the assets of Russian oligarchs. Earlier this month, the DOJ announced the launch of a new task force called KleptoCapture aimed at targeting oligarchs and other high-ranking Russian officials during its war with Ukraine. According to the DOJ, the task force is “dedicated to enforcing sweeping sanctions, export restrictions, and economic countermeasures that the US has imposed, along with allies and partners, in response to Russia’s unprovoked military invasion of…
Japan Lays Outs Penalties on Crypto Exchanges for Non-Compliance With Russia Sanctions: Report
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Japan Sets Penalties on Crypto Exchanges for Violating Russia Sanctions: Report
Japan’s government and financial regulator have laid out the penalties crypto exchanges could face if they fail to comply with sanctions on Russia. Source
MiCA Amendments Proposed Last Minute Revive Threat of EU Ban on Bitcoin, Report Reveals – Regulation Bitcoin News
Changes to the EU’s MiCA proposal to regulate crypto markets, suggested shortly before a vote on the package, indicate a bitcoin ban is still a possibility. Despite recently removing wording that would have prohibited coins with energy-intensive mining, some members of the European Parliament are now targeting “unsustainable” cryptocurrencies. New MiCA Paragraphs Call for Subjecting Cryptocurrencies to ‘Sustainability Standards’ A text banning the offering of services for cryptocurrencies relying on the proof-of-work (PoW) mining method was recently deleted from Europe’s Markets in Crypto Assets (MiCA) draft legislation. The controversial provision…
PwC report calls NFTs ‘the future of digital assets in sports’
Nonfungible tokens, or NFTs, and digital assets are one of the ten major trends within the sports industry, according to the consultancy Price Waterhouse Coopers’, or PwC, Sports Outlook 2022 report for North America. From altering sports technology infrastructure to driving fan engagement, the report lists three main use cases for NFTs and their likelihood to shape the future of sports. The first use case is collectible NFTs — assets used to sell collectible, authenticated and limited edition digital content. This refers to traditional memorabilia like trading cards of players or tickets stubs…
Justice Department Will Prosecute Banks, Crypto Exchanges That Help Russians Hide Assets: Report
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Russians Looking to the UAE to Unload Billions in Crypto Assets: Report
Worried about Western nations seizing their assets, Russians are eyeing the UAE as a safe-haven, according to Reuters. Source
Self-made wealth more likely to flow into crypto than inherited: Report
Self-made wealthy individuals worldwide appear more likely to invest in cryptocurrencies like Bitcoin (BTC) as opposed to those whose wealth is mostly inherited, a new survey suggests. Wealth-X, a research startup focused on wealth information, released a new report on the peculiarities of crypto investments made by wealthy people worldwide on Thursday. This report is devoted to wealthy individuals with a net worth of $5 million and more, including those who are professionally involved in the crypto industry and those who have a general interest in the sector. As crypto…
Cointelegraph Research report analyzes GameFi’s bumper 2021 and trends for 2022
This March, Cointelegraph Research will release a 30-page report about GameFi — the term used to describe the marriage of blockchain-based games with decentralized finance (DeFi). The report analyzes five popular play-to-earn (P2E) games, the economics of GameFi and the future development of an industry responsible for more than 55% of all crypto transactions in the last quarter of 2021. In collaboration with multiple partners including Konvoy Ventures, Game7, Forte, Animoca Brands and others, the Cointelegraph Consulting Research report will evaluate the strength of in-game economies, the GameFi industry’s future…