The Financial Action Task Force (FATF) said that “stablecoins are the most popular virtual asset used in illicit transactions,” including Iran and North Korea, and therefore calling for stricter oversight of stablecoin issuers in …
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Activity
- NFT & Metaverse
Ethereum posts record onchain activity as research points to possible spam-driven growth: Asia Morning Briefing
by adminby adminData suggests much of the recent spike in Ethereum transactions is tied to address poisoning, a scam that relies on cheap “dust” transfers to contaminate transaction histories rather than organic user demand.
- Altcoin Highlights
Crypto Trading Activity Hits Yearly Lows as Holiday Lull Freezes Markets
by adminby adminData reveals weakest two-week trading stretch for Bitcoin and major altcoins since last year, as range-bound prices continued to dominate. The markets failed to see a year-end rally or a notable uptick in December. …
Crypto Education
Lawmakers Say Bank of England Stablecoin Proposals Will ‘Limit Adoption, Push Activity Overseas’
by admin
by admin
In brief The Bank of England proposed capping stablecoin holdings at £20,000 for individuals and £10 million for businesses, with restrictions on how issuers hold backing assets. Industry leaders and politicians warn the caps …