Bitcoin Group Addressing ‘Serious Deficits’ in Money Laundering Measures Flagged by German Regulator
The group reportedly said Wednesday that it has “no indications of violations of money laundering and terrorist financing laws.”
Santander Private Bank last week said it was offering bitcoin and ether trading for clients with accounts in Switzerland.
The idea of a yield-paying layer-2 blockchain atop Ethereum has clearly demonstrated market allure. But even the project’s biggest investor has taken issue with the execution and marketing surrounding the initial rollout.
But supervision of bank-like crypto firms could be a pain for regulators, said Andrea Enria, chair of the supervisory board at the European Central Bank.
Doge-1 is a cube satellite that will orbit the moon and broadcast a video feed.
Coinchange employs its risk-managed Earn API platform to let its business users to trade and access digital asset yields.
The funding round was led by G1.VC, Spirit Blockchain, Good News Ventures, K2.CA and Atoia Ventures, with Mintfox also participating.
Block CEO Jack Dorsey led a $6.2 million seed funding round for Mummolin’s OCEAN — a decentralized Bitcoin mining pool project.
The Treasury encouraged users to voluntarily disclose unpaid income or capital gains tax from crypto, NFT and utility token holdings.
The regulator is also seeking to have the platform blocked in the country.
