The Financial Action Task Force (FATF) has published the organization’s 12-month review and the research highlights that only 45% of the 128 reporting jurisdictions have complied with AML/CFT policy and FATF recommendations. The annual review stresses that the “lack [of] effective” regulation makes it “challenging for competent authorities to follow the transaction trail, buying more …
Tag archives: AMP
El Salvador’s soon getting 1,500 Bitcoin ATMs
Chicago-based US company, Athena Bitcoin, which operates Bitcoin (BTC) and other cryptocurrency ATMs throughout North and South America, announced plans to expand its network in El Salvador, according to CNN. The company that operates a large ATM network, which stretches from Michigan to Puerto Rico in the US and has operating terminals in Argentina and …
Continue reading “El Salvador’s soon getting 1,500 Bitcoin ATMs”
Elon Musk breaks his crypto hiatus by seconding Dogecoin’s fun nature
“Crypto-villan” Elon Musk has been quiet regarding cryptocurrencies in recent weeks. That was until he relapsed today by replying to a tweet from Dogecoin co-founder Billy Marcus. Dogecoin is best enjoyed when funny Marcus tweeted that the Dogecoin narrative needs to stay funny, adding that seriousness “ruins its charm.” “IMO, $DOGE is at its best …
Continue reading “Elon Musk breaks his crypto hiatus by seconding Dogecoin’s fun nature”
Dogecoin Sheds 67% Since Price High — Meme Token’s 12 Month Market Stats Still Outshined BTC
The notorious meme crypto asset dogecoin has seen better days, as the digital currency tapped an all-time high (ATH) two months ago at $0.737 per unit. Today, dogecoin is down 67% since the ATH and over 30% during the last three months as interest in the dog meme coin is waning. Dogecoin Interest Dives, Meme-Token’s …
10,000 Financial Institutions Can Now Let Customers Buy, Sell, Hold Bitcoin Through Their Bank Accounts
Banks and credit unions of all sizes can now facilitate the buying, selling, and holding of bitcoin within their banking platforms thanks to a collaboration between Finserv and New York Digital Investment Group (NYDIG). Finserv currently has about 10,000 financial institution clients. All Banks Can Now Let Customers Buy, Sell, Hold Bitcoin via Bank Accounts …
Athena Bitcoin to Install 1,500 Bitcoin ATMs in El Salvador as BTC Becomes Legal Tender
Bitcoin ATM operator Athena Bitcoin has unveiled its plan to install 1,500 bitcoin ATMs in El Salvador. Initially, the company will install dozens of machines as a test. El Salvador President Nayib Bukele wants 1,500 bitcoin ATMs installed and Athena Bitcoin said, “we will go for that, but in phases.” Athena Bitcoin said Thursday that …
Crypto.com Pay can now receive Bitcoin from any wallet
Crypto.com Pay can now receive Bitcoin from any wallet | CryptoSlate Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Start Earning Interest Bitcoin › Wallets Any Bitcoin wallet in the world can now send their assets to the Hong Kong-based crypto firm’s popular ‘Pay’ service. Shaurya Malwa · June …
Continue reading “Crypto.com Pay can now receive Bitcoin from any wallet”
University in Paraguay will take tuition payments in Bitcoin and Ethereum
The Universidad Americana in Paraguay’s capital Asunción announced it will accept tuition payments in Bitcoin (BTC) and Ethereum (ETH), starting August 1. The university’s statement to take an “important step towards innovation” comes after congressman Carlitos Antonio Rejala Helman announced that on July 14 he will present the bill for the approval of Bitcoin and …
Continue reading “University in Paraguay will take tuition payments in Bitcoin and Ethereum”
This crypto founder tells us why NFTs are the future of digital assets
CryptoSlate recently had the opportunity to chat with Andrew Fai, the author of a new whitepaper entitled Smart Collectibles: Unlocking The Value of Non-Fungible Tokens. In addition, Andrew is the co-founder of DeStation Protocol and widely recognized as a thought leader within the NFT space and respected as the power networker connecting opportunities and talent …
Continue reading “This crypto founder tells us why NFTs are the future of digital assets”
4.5 million people will receive $30 Bitcoin ‘airdrop’ in El Salvador, President says
4.5 million adult citizens will receive an airdrop of $30 Bitcoin (BTC) each from the government of El Salvador, the country’s President, Nayib Bukele has announced. El Salvadorans to get a digital wallet President Bukele made the announcement on Thursday as part of the package citizens of the country would benefit from following the introduction …
Scotland Yard Seizes Record £114 Million in Cryptocurrency
British police have carried out U.K.’s largest crypto seizure to date. Detectives working on a money laundering case found a staggering £114 million worth of cryptocurrency in a suspect’s account. Scotland Yard vowed to continue the investigation. UK Makes One of World’s Largest Crypto Seizures Acting on intelligence about the transfer of criminal funds, specialist …
Continue reading “Scotland Yard Seizes Record £114 Million in Cryptocurrency”
Citigroup Launches Digital Assets Group to Provide Clients Access to Cryptocurrencies
Citigroup has reportedly set up a “digital assets group” to offer clients access to cryptocurrencies, which will operate within the bank’s wealth management division. Citigroup has established a “digital assets group” within its wealth management unit, according to a memo to staff seen by Bloomberg. Iain Armitage, global head of capital markets for Citi Private …
Free Bitcoin: El Salvador Giving Away $30 in BTC to Everyone Using Government Wallet
El Salvador President Nayib Bukele has announced a bitcoin giveaway to promote the cryptocurrency’s use as legal tender in the economy and to give people an incentive to use the government’s official wallet application. $30 in Free Bitcoin The president of El Salvador, Nayib Bukele, addressed many topics regarding his country’s new bitcoin law Thursday …
SafeEarth Announces $200k+ in Charity Donations This Year
press release PRESS RELEASE. SafeEarth creates access to DeFi and at the same time, helps restore the world’s ecosystem and help humanity through collaborating with the most impactful projects. 25th June 2021, London, England Users of SafeEarth can enjoy the benefits offered by DeFi whilst preserving the delicate balance of the world. Today, the project …
Continue reading “SafeEarth Announces $200k+ in Charity Donations This Year”
Africrypt Ponzi Scheme Collapse: South Africa Regulator Says Its ‘Not in a Position to Take Any Regulatory Action’
Following Africrypt’s collapse, South African regulator, the Financial Sector Conduct Authority (FSCA), released a statement asserting its lack of jurisdiction over cryptocurrencies. Although the regulator says it is “continuing to investigate complaints” against the crypto investment company, it concedes it has only “found evidence of crypto-asset transactions.” A Large Number of Scams While the FSCA …