News with the tag "money"

BitcoinWorld Hyperliquid Under Scrutiny: China Uncovers Alarming Money Laundering Schemes Recent revelations from China have sent ripples through the cryptocurrency community, particularly concerning the decentralized exchange (DEX) Hyperliquid. Authorities in China have reportedly uncovered multipl...

Bitcoin has been trading in a tight band lately. Over the last 24 hours it dipped a bit, but it still sits between $108,000 and $110,000. According to market data, that range has held firm even as volatility showed up back in January and April. Related Reading: Tether’s 2-Year, $5 Billion Investment...

Why stablecoins aren’t bank deposits — and why that makes them better. This piece explores full-reserve digital money, the GENIUS Act, MiCA, and Europe’s e-money model.

A US city will be distributing a total of $12,000 in financial assistance to qualified residents as part of a local guaranteed basic income program. The city of Richmond in Virginia says that starting May 27th, residents can apply for the fourth cohort of the Richmond Resilience Initiative (RRI) Gua...

Ukraine’s crypto card market is shrinking fast. Weld Money, a fintech that let people spend crypto through a Mastercard-linked card, is closing its doors in the country. Users have been told to pull out their money by the end of next month or risk losing access. Related Reading: Tether’s 2-Year, $5 ...

Payment card issuer Weld Money is joining other crypto firms quitting business in Ukraine as a result of military restrictions and regulatory uncertainty in the invaded nation. The Ukrainian fintech urged customers to withdraw all their funds from its platform as it’s preparing to wrap up operations...

The $65 billion Dutch pension fund PME is reportedly warning US money managers not to abandon their “basic principles of stewardship” during the Trump era. According to a new Bloomberg report, PME says US money managers are allegedly risking significant business by “caving into pressures” from Presi...

Luxembourg has officially labeled cryptocurrency firms, particularly Virtual Asset Service Providers (VASPs), as “high-risk” entities for money laundering in its 2025 National Risk Assessment (NRA). According to the report , VASPs are considered inherently susceptible to misuse due to several risk f...

BitcoinWorld Urgent Crypto Regulation: Luxembourg Flags VASPs as High Money Laundering Risk Attention, everyone navigating the world of digital assets! There’s significant news coming out of Luxembourg that demands your focus. The Grand Duchy has released its 2025 National Risk Assessment (NRA), and...

Despite a drop in trading volumes, Luxembourg authorities warn that crypto exchanges remain a significant money laundering concern due to their online operations and international reach. Crypto exchanges continue to carry high risks of money laundering , according to Luxembourg’s latest National Ris...