China's money laundering crackdown heightens risk for crypto investors, USDT traders
China is closely monitoring the use of virtual assets in money laundering activities, according to the country's highest court, in a move that legal experts say could increase the risk of prosecution for trading cryptocurrency on the mainland. Using virtual assets to transfer or convert criminal proceeds is among a range of money laundering methods that violate China's criminal law, according to a judicial interpretation published on Monday by the Supreme People's Court and the main agency respo
South Africa Inflation Plunge Backs Case for Rate Cut Next Month
(Bloomberg) -- South Africa’s inflation rate dropped to the lowest level in three years, supporting the case for monetary policy easing this quarter. Most Read from BloombergThe Serious Work That Free Play Can Do‘Train Lovers’ Organize to Support Harris and Walz in Presidential BidPart of Downtown Montreal Is Flooded After Water Pipe BreaksClimate Disasters Are an Affordable Housing ProblemConsumer prices rose 4.6% in July from a year earlier, compared with 5.1% in June, Statistics South Africa
The Expanding World of Web3 and Crypto: A New Era of Digital Innovation
The digital landscape is undergoing a profound transformation as Web3 and cryptocurrency technologies continue to gain momentum.
Institutions Are Still Buying Bitcoin ETFs, Bitwise Says
The number of institutional investors holding bitcoin ETFs rose 14% in the second quarter of the year to 1,100, the report said.
Zenrock Aims to Calm Users' DeFi Wobbles With Decentralized Custody Offering
Crypto custody upstart Qredo has got a new lease of life after being bought out of administration by Dan Tapiero’s 10T Holdings and 1RoundTable Partners. The company is soon t...
Bitcoin Bear Trap? Goldman Says Wednesday's U.S. Jobs Report Is Likely to Overstate Weakness
On Wednesday, the Bureau of Labor statistics will publish a preliminary estimate of the benchmark revision to the level of monthly nonfarm payrolls from April 2023 to March 20...
Trump Tops Harris on Polymarket; Tron, Cardano in the Green as Bitcoin Sinks
Traders said that bitcoin would need to break above the $61,000 level and stay above it if sentiment were to change among market participants.
Stocks Drift as Traders Await Rate Cut Clues: Markets Wrap
(Bloomberg) -- Stocks drifted as investors awaited an annual review of US jobs data as well as Federal Reserve meeting minutes for further clues on interest rate cuts.Most Read from Bloomberg‘Train Lovers’ Organize to Support Harris and Walz in Presidential BidPart of Downtown Montreal Is Flooded After Water Pipe BreaksClimate Disasters Are an Affordable Housing ProblemEurope’s Stoxx 600 edged higher and US equity futures posted small moves. The yield on 10-year Treasuries was flat, while a gaug
Another Crypto 'Fraudster' Arrested in Montenegro, Where Do Kwon Awaits Extradition: Reports
Polish national Roman Ziemian is the co-founder of digital currency trading platform FutureNet who allegedly defrauded users out of around $21 million.