Tag: Bitcoin

TL;DR: Global crypto compliance rules may face a tougher practical test after the Financial Action Task Force agreed to review jurisdictions with longstanding shortcomings in virtual asset oversight. In a November 6 readout, the US Treasury said the review would identify decisions for the next FATF plenary. Global crypto compliance rules may face a tougher…

On-chain data from Glassnode shows a significant shift in whale positioning, adding to an increasingly cautious technical outlook. BTC traded near $74,704 on Bitstamp, down approximately 1.45% at the latest available reading. The decline followed a weekly close around $74,968, below the 50-week moving average (MA), which stood between approximately $75,200 and $75,500. The move…

TL;DR: The US Treasury has added eight Canada-based money services businesses to its sanctions list, alleging that they helped move value for the Iranian regime and sanctioned actors. The November 6 action explicitly focuses on exchanges between local currencies and digital assets, demonstrating how crypto compliance disputes can arise at the point where cash, informal…

TL;DR: The Stellar Development Foundation announced a strategic investment in Marketnode on October 29, aiming to widen institutional access to tokenized investment products in Asia-Pacific. Marketnode is backed by Euroclear, HSBC, SGX Group and Temasek, but the announcement did not disclose an investment amount or ownership percentage. Tokenization is frequently described as a technology that…

TL;DR: Polymarket and Chainlink announced an expansion of their oracle partnership on October 29, bringing high-speed up/down prediction markets to gold and silver and extending the concept beyond crypto assets. The announcement says Chainlink has supported more than $11 billion in trading volume on the platform, but that figure is not a forecast of what…