The European Parliament has voted to adopt a package of laws to strengthen the EU’s AML and terrorist financing toolkit, with a particular impact on the cryptocurrency industry. The regulation reports to create enhanced due diligence measures and checks on customer’s identity. Obliged entities, such as banks or cryptocurrency asset managers, have to report
Tools for Humanity, the company behind Sam Altman’s iris-scanning project, Worldcoin, has dropped hints that it soon could be collaborating with major tech and finance companies, according to Bloomberg. “There’s some natural things in how we might and will work together,” said Alex Blania, Tools for Humanity’s CEO, regarding a potential partnership with OpenAI. “But
The blockchain race is about to get even more crowded: Movement Labs, a San Francisco–based software development team that’s building a layer 2 Ethereum blockchain, has closed a $38 million funding round, Fortune has exclusively learned. Polychain Capital, the crypto VC mega firm led by Coinbase alum Olaf Carlson-Wee, led the Series A, with participation
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. I recently wrote about crypto stabilizing partially thanks to regulatory clarity alongside the growing and valuable role of traditional finance (tradfi) players. But as the industry has been inundated with discourse surrounding
April 18: Safe, a provider of blockchain smart accounts, has “welcomed the senior leadership team of Multis to the Safe Ecosystem Foundation and completed the strategic acquisition of the Multis source code,” according to the team: “Thibaut Sahaghian, former CEO of Multis, will take on the role of network abstraction lead within the Safe ecosystem.
SINGAPORE, April 18, 2024 /PRNewswire/ — Amber Group, the leading digital asset company, is pleased to announce that it has been named the “Best Investment Institution of the Year” by PANews at the PANews Party Award 2024, sharing the honors with some of the most prestigious venture capital firms like A16Z. Amber Group – Best
Two years ago, we wrote about Figure Lending using the Provenance blockchain to log the current ownership of a mortgage in its Digital Asset Registration Technologies (DART) solution in conjunction with asset manager Apollo. Now, DART is rolling out to lending partners. Stepping back, Figure is a multifaceted company. Figure Technology Services founded the Provenance blockchain and its subsidiary
New York, NY, April 12, 2024 (GLOBE NEWSWIRE) — Amidst the turbulent seas of the crypto markets, Ethereum (ETH) and Shiba Inu (SHIB) find themselves navigating stormy waters, facing challenges in their quest for a new rally. Despite efforts to regain solid footing, both ETH and SHIB encounter obstacles that hinder their upward momentum. In
The blockchain world is in a constant state of flux, with interest in projects perpetually going through the cycle of peaks and troughs that has become synonymous with the cryptocurrency market. No two projects embody the market’s dynamism more than PEPE and IOTX. {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} Recently, both have been showing impressive performance, drawing
Cryptocurrencies were invented in the heat of the 2008-2009 financial crisis to provide an alternative to banks. The inventors of Bitcoin, who went by the pseudonym Satoshi Nakamoto, envisioned a financial system that didn’t depend on “trusted third parties” that they said couldn’t be trusted in the first place. Instead, it would use cryptography and