China has taken another step to tighten its grip on digital currencies. This time, the focus is on tokenizing real-world assets. This move comes after years of strict rules on cryptocurrencies. In 2017, China banned initial coin offerings and domestic exchanges. By 2021, the country had completely o
China is tightening its grip on cryptocurrency, with a special focus on stablecoins. The People's Bank of China, along with 12 other agencies, recently held a meeting to discuss the resurgence of crypto trading and the risks it poses. The bank made it clear that virtual currencies are not legal ten
A crypto company with connections to former US President Donald Trump has recently seen some big changes at the top. ALT5 Sigma, which manages crypto investments, said goodbye to its CEO and COO in November. Jonathan Hugh and Ron Pitters left the company, and Tony Isaac, who was the president, is no
Openbank, a digital banking service under Santander, has started offering crypto trading in Spain. This move is part of a bigger trend where banks are starting to take cryptocurrencies more seriously. Just last month, bitcoin reached new highs, and this has caught the attention of many banks and the
Turkey is in the spotlight again as the Financial Action Task Force (FATF) plans to visit the country this month. This visit comes after Turkey was removed from the FATF's "grey list" last year for making progress in combating money laundering and terrorist financing. However, the country must prove
In 2025, hackers linked to North Korea stole over $2 billion in cryptocurrency, setting a new record. Meanwhile, global law enforcement made significant strides, recovering $439 million and arresting hundreds of money launderers across 40 countries. This raises an important question: Are these crimi
In the wake of the Ukraine conflict, a significant number of Russian investors find themselves in a tricky situation. Their assets, held in European depositories, have been frozen, leaving them in a state of uncertainty. The European Union is currently considering using these frozen funds, including
The Federal Reserve is thinking about making it easier for big banks to hold onto certain types of investments. This change could free up around $223 billion for some of the largest financial institutions in the country. The rule in question, known as the enhanced supplementary leverage ratio, was
Bitcoin's value has shot up to over $106, 000, making it a hot target for scammers. If you're looking to buy Bitcoin without drawing attention, there are ways to do it, but you've got to be careful and follow the rules. First off, using a credit card or PayPal is a no-go if you want to stay anonymo
It was a simple task. Brittany needed a new couch. However, every time she found one she liked, she hesitated at the checkout. The price tag was too high. She did not want to commit to such a large purchase all at once. Then, she noticed something interesting. Right below the usual payment options,
