Swiss Financial Watchdog Releases Revised AML Ordinance, Clarifies Crypto Requirements

The Swiss financial regulator has published its updated anti-money laundering (AML) ordinance, noting it’s extending the coverage to include blockchain trading platforms. It also clarified certain reporting and identification requirements that apply to crypto transactions. Financial Authorities Adjust Swiss Anti-Money Laundering Rules Concerning Crypto Transfers Following consultations that started earlier this year, the Swiss Financial …

JPMorgan, DBS Bank, SBI Complete Live Defi Trades on Public Blockchain

JPMorgan, DBS Bank, and SBI Digital Asset Holdings have completed their first lives trades on a public blockchain using decentralized finance (defi), tokenized deposits, and verifiable credentials under the supervision of the Monetary Authority of Singapore (MAS). Singapore’s central bank is planning two more pilots that involve Standard Chartered Bank, HSBC, and UOB. JPMorgan, DBS …

US Lawmakers Accuse Gary Gensler of ‘Hypocritical Mismanagement of SEC’ — Say the Chairman ‘Refuses to Practice What He Preaches’

Four congressmen have accused the U.S. Securities and Exchange Commission (SEC) under Chairman Gary Gensler of “regulatory hypocrisy and inconsistency.” They added: “While the SEC is failing to comply with federal transparency and record-keeping laws, the SEC is aggressively enforcing record-keeping laws on private businesses.” Gensler’s Regime at SEC ‘Has Been Characterized by Regulatory Hypocrisy …

Benefits of a Bear Market for Web 3.0 Community Building and Marketing

HodlX Guest Post  Submit Your Post   For Web 3.0 projects, the bear market can be a time of innovation and growth. It is a good time for developers to build and as it turns out, a good time for community building and marketing in Web 3.0. But why? Bear market benefits A bear market should …

For Gains in the Next Bull Market, Follow Polkadot, Shiba Inu and Rocketize

When trading, you must give yourself the best chance to earn profits. There’s no real way to determine whether a cryptocurrency will do well. However, you can do your best to manage the circumstances around you to optimize your profits. Never trade against the market or buy a coin with limited potential while hoping it …

XRP-SEC Lawsuit Possible Outcomes: How Could this Affect the Big Eyes Coin Presale?

A victorious XRP, by far the more likely outcome, would mean that the SEC would have wrongly pursued legal action against Ripple Labs. Coinbase has filed its support of XRP against the SEC. This could be a landmark shift in the XRP-SEC lawsuit. Coinbase is a major tech stock player in the cryptocurrency industry, and …

This Expert Claims Crypto Winter Is Not Over But There’s A Catch

The ongoing crypto bear market seems like an unending journey, with more firms coming down with financial crises due to asset devaluations and other effects. Although some assets have seen brief rallies, many remain in decline. Regarding the crypto bear effects, Kathleen Breitman, CEO of Tezos, a blockchain platform, shared her opinion. Breitman thinks the …

Bitcoin Price is Showing Early Signs of Fresh Rally, But 100 SMA is the Key

Bitcoin price remained well bid above the $20,000 support zone. BTC is consolidating and might start a fresh rally if it clears the $20,500 resistance zone. Bitcoin traded in a range above the key $20,000 support zone. The price is trading below $20,500 and the 100 hourly simple moving average. There is a crucial bearish …

Lightning Speed: Accelerators And Incubators Focus Their Sights On Bitcoin

You know what incubators and accelerators mean: interest. They say that bear markets are for builders, and the bitcoin ecosystem seems to be getting ready to work. One of the main catalysts is the success of the Lightning Network. The little engine that could went from being constantly mocked to being a key element in …

Shiba Inu Struggle Continues As Altcoins Rally With Over 70% Gain; Here Is Why

SHIB’s price shows much strength after breaking out from its long-range channel movement.   SHIB trade with good volume, breaking out from a range channel as the price eyes a rally past to a region of $0.0000135.  SHIB’s price remains strong on the daily timeframes as the price trades above the 50 Exponential Moving Average (EMA) …

Why Cardano (ADA) Could Be Gearing Up For A Rally

Cardano (ADA) price has struggled tremendously since it hit its all-time high price of $3.10 back in 2021. Even now, with the crypto market recovery, ADA has not made as many gains as others in the market as indicators point largely toward bearishness for the digital asset. However, a new development could see a recovery …

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