UK Woman Found Guilty of Laundering $2.5B in Bitcoin
A British woman has been found guilty and convicted on Wednesday for laundering over $2.5 billion (£2 billion) worth of bitcoin for a Chinese fugitive. Jian Wen, a 42 year…
Investing
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Kraken Unveils Crypto Custody Service for US Institutional Clients
Crypto exchange Kraken launched a crypto custody service in the US targeted at institutional clients on Wednesday. Kraken Financial, a state-chartered bank based in Wyoming, will provide the service. The…
Sweden’s Riksbank Releases Final Report on CBDC Project
Sweden’s Riksbank has released its final report on its central bank digital currency (CBDC), the e-Krona, which focused on offline payments. In the fourth phase, Sweden’s Riksbank, said the focus…
Uzbekistan Increases Monthly Fees for Crypto Market Participants
Uzbekistan’s National Agency for Prospective Projects (NAPP) has announced a new directive to raise the monthly fees for those involved in the crypto market within the country. This directive was…
Hong Kong Central Bank Raises Red Flag on Deceptive Digital Currency Trial Entities
Hong Kong’s central bank cautioned the public Wednesday about schemes falsely claiming association with its e-HKD pilot projects. The warning comes as Hong Kong explores the potential of a central…
South Korean Tax Dodgers Out of Pocket as Authorities Seize $768,500 Worth of Crypto
South Korean “tax dodgers” have been dealt another blow, with tax authorities in the city of Hwaseong confiscating cryptoassets worth over $768,500. Tax officers said they had seized a whopping…
XRP Price Prediction as Solana Overtakes Ripple – What’s Going On?
XRP, Ripple’s native token, has recently seen a dipped below the key $0.60 support level, a move primarily driven by the ongoing SEC lawsuit against Ripple. This legal entanglement has…
Russian Crypto Mining Hotspot Cracks Down on Illegal Miners
The Russian crypto mining hotspot of Irkutsk appears to be cracking down on illegal and quasi-legal miners. Per a Telegram post from the Irkutsk Prosecution Service, an unnamed crypto miner,…
Top Crypto Gainers Today on DEXScreener – PIPI, PNUT, FAP
Traders use platforms like DEXScreener to find the top crypto gainers today. Source: DEXScreener’s X Account As crypto markets pump in wake of a more dovish than expected Fed policy…
FOMC Interest Rate Decision Signals All Clear For Bitcoin Bull Run
The Bitcoin (BTC) bull run has clear skies above following the Federal Open Markets Committee (FOMC) interest rate decision on Wednesday. The Federal Reserve opted to keep its target interest…