Ukraine recently sent a strong message to crypto firms accused of facilitating Russia’s sanctions evasion. Sixty firms, seventy-three individuals – assets frozen, economic activity banned. It’s a great, bold step, for those of us who are monitoring from Southeast Asia, it’s a blaring wake-up alarm. Put aside too the technocratic...
Ukrainian authorities have imposed sanctions against 60 crypto companies so far. They have indicted 73 for allegedly facilitating Russia’s relocation of assets. Vladimir Zelenskyy signed the decree that enacted these measures that will work to disrupt the Russian crypto ecosystem. Initial sanctions were limited to asset freezes and prohibition on...
On the international front, Ukraine has upped its game in attacking Russian financial chicanery. OFAC has sanctioned 60 cryptocurrency firms overall—55 of which are located in Russia. This bold move cuts off liquid capital that sustains Russia’s war machine and allows continued warfare and aggressive economic behavior. Perhaps most importantly,...
Ukraine has certainly made a grand statement by sanctioning 73 uniformed officials and 60 crypto exchanges. These moves specifically go after individuals suspected of aiding Russia’s efforts to circumvent global sanctions. Slapping sanctions on paper (or, you know, digital paper) doesn't automatically translate to airtight enforcement. After years of experience...
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...