Technology

EU Parliament Proposes to Bring NFT Trading Platforms Under Anti-Money Laundering Law

EU Parliament Proposes to Bring NFT Trading Platforms Under Anti-Money Laundering Law

The overall crypto industry is undergoing an expansion in the European Union (EU) market. The EU Parliament has proposed some amendments in the anti-money laundering law, specially tailored to include NFT trading platforms. NFT or Non-Fungible Tokens are digital collectibles, built on the blockchain and inspired by an array of things including artwork, celebrities, and …

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Singapore Reveals Plan to Implement More Restrictions on Cryptocurrency Trading Platforms

Singapore Considers Imposing New Restrictions on Crypto Trading – Regulation Bitcoin News

The Monetary Authority of Singapore (MAS) has told Parliament that the central bank is considering imposing additional restrictions on cryptocurrency trading. They include “placing limits on retail participation, and rules on the use of leverage when transacting in cryptocurrencies.” MAS Considers New Restrictions on Crypto Trading Tharman Shanmugaratnam, the minister in charge of the Monetary …

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ASML Shares Fall After Report Suggests US Wishes to Restrict Sales to China

ASML Shares Fall After Report Suggests US Wishes to Restrict Sales to China

Shares in ASML Holding, a key supplier of equipment to semiconductor makers, fell on Tuesday following a Bloomberg News report that the US government wants to restrict the company from selling equipment to China. ASML has already been unable to ship its most advanced tools to China, but the report said Washington would also restrict …

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Former TikTok Gaming Head to Launch Blockchain Games Startup as Big Players Keep Away

Former TikTok Gaming Head to Launch Blockchain Games Startup as Big Players Keep Away

The former head of short video giant TikTok’s gaming unit, Jason Fung, is launching a blockchain gaming startup as one of two co-founders, he told Reuters in an interview, as the buzz around blockchain games grows while sector heavyweights remain wary. The 34-year-old left TikTok last month after two years with the firm, and his …

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Tron's USDD Regains Stability After Tapping an All-Time Low at $0.92

Tron’s USDD Regains Stability After Tapping an All-Time Low at $0.92 – Altcoins Bitcoin News

Between June 13 and June 27, or roughly two weeks, Tron’s stablecoin USDD dropped lower than the $1 parity and slipped to a low of $0.928 per unit on June 19. During the past seven days, USDD has managed to jump back to the $0.98 to $0.99 region while reaching $1 on July 3. Tron’s …

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Polygon’s Sandeep Nailwal Calls for One Dedicated Regulatory Body to Govern India’s Crypto Ecosystem

Crypto Trading Volumes in India Take a Hit Following TDS Rule Enforcement

Indian crypto exchanges have recorded a nosedive in trading volumes after the one percent TDS rule on each transaction went live on July 1. The average daily transaction volume on Indian exchanges WazirX, CoinDCX, BitBNS, and Zebpay reportedly dipped to $5.6 million (roughly Rs. 44 crore) in the last few days. Up until June, this …

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brazil

Brazil Creates Crypto-Dedicated Investigation Unit – News Bitcoin News

The public prosecution of the Federal District, located in the center-west region of Brazil, has launched its own cryptocurrency investigation unit. The newly formed unit will focus its activities on aiding other prosecutors in cryptocurrency investigations, and also educating consumers about the safe use of cryptocurrencies. Cryptocurrency Crimes Unit Launched in Brazil Cryptocurrency …

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