Spokane, Washington, recently made a big move to ban all crypto kiosks. With this decision, it joins Stillwater, Minnesota as the second city in the United States to take such a drastic, misguided step. With a unanimous vote on June 18, this is exactly what the Spokane City Council decided...
Curbs on transfers to private wallets The subsequent Financial Intelligence Unit-India (FIU-IND) advisory, which orders crypto exchanges to increase scrutiny, particularly over transfers to private wallets, has generated controversy. And are we really any safer? Or are we just pushing illegal behavior deeper into the shadows, making it harder for...
Senator Merkley’s proposed ban on Trump and his cronies from the crypto space may seem righteous on its face. Corruption stinks. We all agree. But slapping a blanket ban like this? That’s a bit like taking a sledgehammer to smash a walnut. It’s terribly lazy policy, and it is filled...
Lawmakers have discussed preventing the use of digital assets promoted by politicians and celebrities. If adopted, this will be a historic and major shakeup of the current cryptocurrency market. Fears of consumer protection, financial stability, and possibly even nefarious activities have motivated this push. As you can imagine, this has...
In fact, the European Union recently agreed to adopt a ban on anonymous crypto wallets by 2027. With the implementation of 6AMLD, this decision has rattled the crypto world. While the intent – curbing illicit finance – is certainly laudable, the execution is cause for serious concern. Surprising political maneuver...
The European Union is prepared to implement similar drastic changes to its cryptocurrency regulations. These changes would greatly disservice users of privacy coins and crypto transaction minimizers who value their anonymity. Beginning July 1, 2027, more stringent standards would be implemented. These rules are intended to increase transparency and help...
The European Union is on the verge of implementing a landmark regulatory structure that would drastically reshape the state of play for crypto assets. To further combat tech-enabled illicit financing, starting July 1, 2027, the EU will prohibit privacy coins and anonymous crypto wallets. Indeed, this is one of the...
The European Union, with its shiny towers in Brussels and its pronouncements on global standards, is about to drop a regulatory bomb on the crypto world. While all this is happening, the EU is patting itself on the back for its strict enforcement against money laundering. In the meantime, Southeast...
The EU is not slowing down on their plans to fully ban all anonymous crypto accounts and privacy coins by 2027. This is perhaps the biggest change to the anti-money laundering regulation (AMLR). The intent is to stop the flow of illicit finance and is indeed laudable. However, as they...
Apple's recent removal of 14 crypto apps, following Google's earlier action, at the behest of South Korea's Financial Services Commission (FSC), raises a critical question: are these bans a necessary evil to protect citizens, or a case of regulatory overreach that stifles innovation and ultimately harms the very people they...
The United States Senate recently convened a hearing on the growing universe of cryptocurrency. In doing so, they highlighted the desperate need for regulation in this emerging frontier. Here are some of the most important highlights that emerged through the conversations. They each noted the challenges, opportunities, and possible future...
The market of cryptocurrency day trading is a whirlwind, chaotic and always on the move. Quick reflexes, and even quicker algorithms. Thanks to new, advanced AI tools such as ChatGPT and Grok, traders are experiencing the most powerful insight and automation they’ve ever seen. Kwame Nkosi, a blockchain commentator, balances...
Let’s face it, the crypto community can’t resist an exciting hype train. Right now, the AI-powered trading locomotive is barreling down the tracks, with Grok and ChatGPT as its star conductors. Well before you decide to mortgage your home and give Uber all your assets, let’s slow down a moment...
You know, sometimes I feel like I'm watching a rerun of an old movie, only this time, it's playing out in the halls of Congress. The Senate Banking Committee’s recent hearing on the need for comprehensive crypto regulation. It was a bit like a Broadway show. Rather than earnestly seeking...
The recent Senate Banking Committee hearing on regulating the crypto space? If I’m being truthful, it was more like seeing a train wreck go down in slow motion. While senators debated the nuances of defining a digital asset – is it a security, a commodity, or something else entirely? –...
Forget about Wall Street, the exciting disruptor in crypto day trading is cooking up in the crowded streets of Southeast Asia. I'm not talking about hedge fund managers with Bloomberg terminals; I'm talking about the everyday person – the small business owner in Jakarta, the student in Kuala Lumpur, the...
The Senate Banking Committee met recently to discuss the rapidly growing, but highly confusing, world of crypto regulation. This upcoming meeting could not be more important at this moment in history. American consumers are losing billions to crypto scams as well, and the U.S. is lagging other countries in establishing...
You think you know stablecoins. Tether, USDC – the usual suspects. Big market caps, widespread adoption. Comforting, right? Wrong. As all eyes are on these titans, a more quiet revolution is in the making. Looking forward to seeing you there! This lack of attention is robbing you of big future...