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The United Kingdom’s National Crime Agency (NCA) has announced its plans to regulate “crypto mixers” to decrease criminals’ money laundering activities. The agency is concerned that criminals looking to launder funds are using this practice to allow themselves greater protection and anonymity. Coin mixing is essentially the practice of
Wasabi announced that it will bar certain Bitcoin transactions from its service using CoinJoins. Wasabi’s Bitcoin Wallet is known for its mechanism that helps users coordinate CoinJoins. CoinJoining is a method of mixing coins to protect users’ privacy on the public ledger by essentially conducting multiple transactions into a
Ukrainian President, Volodymyr Zelenskyy's latest war-time efforts have extended in crypto regulations. This morning, Zelenskyy signed into law a sweeping framework for Ukraine to operate a regulated crypto market. The law greenlights Ukraine’s National Securities and Stock Market Commission to determine the country’s policies on digital
News - Bitcoin - Mar 16, 2022Ukrainian President, Volodymyr Zelenskyy's latest war-time efforts have extended in crypto regulations. This morning, Zelenskyy signed into law a sweeping framework for Ukraine to operate a regulated crypto market. The law greenlights Ukraine’s National Securities and Stock Market Commission to determine the country’s policies on digital
News - Bitcoin - Mar 16, 2022The United Kingdom’s National Crime Agency (NCA) has announced its plans to regulate “crypto mixers” to decrease criminals’ money laundering activities. The agency is concerned that criminals looking to launder funds are using this practice to allow themselves greater protection and anonymity. Coin mixing is essentially the practice of
News - Technology - Mar 16, 2022Wasabi announced that it will bar certain Bitcoin transactions from its service using CoinJoins. Wasabi’s Bitcoin Wallet is known for its mechanism that helps users coordinate CoinJoins. CoinJoining is a method of mixing coins to protect users’ privacy on the public ledger by essentially conducting multiple transactions into a
News - Business - Mar 16, 2022On March 15th, 2022 the Financial Monitoring Agency (FMA) of the Republic of Kazakhstan released a report that shows their progress on enforcing a ban for unregistered Bitcoin and cryptocurrency miners. Kazakhstan has been experiencing rolling blackouts since the beginning of the year and government agencies have taken steps to
News - Bitcoin - Mar 15, 2022When Bitcoin was announced as legal tender in El Salvador, thousands of Salvadorians eagerly downloaded the Chivo wallet furnished by the countries government. However, many users experienced challenges and the hyperbitcoinization dream was slowed. After several user complaints about the Chivo wallet, El Salvador reached out to Alpha Point, which
News - Bitcoin - Mar 15, 2022The country of El Salvador planned to launch Bitcoin backed bonds in just six months after making Bitcoin legal tender. The tentative timing for the launch of the bond was between March 15th and 20th, but according to the financial minister Alejandro Zelaya the launch may be delayed due to
News - Bitcoin - Mar 15, 2022The Markets in Crypto-Assets (MiCA) proposal was first introduced in 2020 to set clear regulations for Bitcoin and cryptocurrencies within the EU. On March 14th, 2022 the ECON committee voted 32 against and 24 in favor for a proof-of-work (PoW) mining ban. This latest development for the proposal has brought
News - Bitcoin - Mar 14, 2022Paris Member of Parliament Pierre Person announced on March 11th, 2022 that the updated MiCa proposal prohibiting the exchange of crypto-assets that require Proof-of-Work to execute transactions would be signed. The proposal would include banning networks like Bitcoin, Ethereum, and any other crypto-asset the parliament deems too “energy intensive”. The
News - Bitcoin - Mar 13, 2022