Taiwan's Financial Supervisory Commission has drafted new anti-money laundering regulations for virtual asset service providers, which will soon require compliance or lead to penalties.

Despite widespread misconceptions, cash remains the dominant tool for illicit finance, while blockchain offers greater transparency and traceability, a new study reveals.

A period in prison can be the lowest point of a person's life. It can bring numerous hardships – those concerning one's financial aspirations would be the worst. No argument there, for there is no reason for a period of remorsefulness to be better than what it is now.

A total of 105,849 traders were liquidated in the past 24 hours.

Lamborghini and Animoca Brands' division Motorverse are working together on a Web3 racing game in a joint resolve to shape the future of immersive brand engagement within the automotive industry.

Michael Terpin, the cryptocurrency investor, has resumed his case against the telecommunication company AT&T in court for allegedly neglecting his data allegiance after losing $24 million worth of cryptocurrency to SIM swap hackers in 2018.

It marks the first time Swift will move beyond experimenting with blockchain transactions in testing environments to real-world settlement.

SWIFT said it is uniquely positioned to interlink the fragmented digital asset landscape with its upcoming digital currency trials in 2025.

With Bitcoin bulls fighting hard to keep the $BTC price above the $60,000 horizontal level, and the rest of the cryptocurrencies foundering, The memecoins, probably the furthest out on the risk curve, are being hit even harder. $PEPE, $WIF, and $BONK, are feeling the pain.

A Consensys and Harrisx study found that nearly half of U.S. voters support pro-crypto policies and are willing to cross party lines for pro-crypto candidates. The study revealed that 85% of respondents want presidential candidates to take a pro-crypto position, indicating significant voter interest in the issue.

Ava Protocol's automation tools make it easy to create smart contracts on Soneium, offering no-code solutions to help developers save time and cut costs.

Gurbir S. Grewal, the U.S. Securities and Exchange Commission's (SEC) Enforcement Director, is officially stepping down on October 11. After three years of running the SEC's enforcement arm, he's out.

Key Points:

The U.S. Securities and Exchange Commission (SEC) announced on 2 October 2024 that Gurbir S. Grewal, the Director of the Division of Enforcement, will depart from his role on 11 October 2024.

Australia's police has confiscated $6.4 million in cryptocurrency as part of a global crackdown on Ghost, an encrypted communications network, authorities allege was “built solely for the criminal underworld,” a statement said.

In Q3, threat actors stole over $750 million worth of cryptocurrency across 150+ security incidents, marking a 9.5% increase in value lost despite 27 fewer incidents compared to Q2.

Global bank messaging network SWIFT will trial live transactions of tokenised assets and digital currencies next year, it said on Thursday, the latest step in the currently slow-moving integration of such assets into the wider financial system.

BitMEX co-founder Arthur Hayes, also known for his interesting bets and takes on meme coins, seems to have accepted a loss on his fresh trades. He recently accumulated PEPE after ditching Aethir (ATH) and even took his shoot on MOTHER.

Crypto trading firm QCP Capital says the “shallow sell-off” in crypto markets following Iran's recent attack on Israel indicates healthy market demand for risk-on assets. Crypto Market Remains Well Bid For Risk Assets Despite Iran launching over 180 missiles toward Israel yesterday, the sell-off in traditional financial (TradFi) assets was relatively muted.

Amid the market consolidation, a crypto trader has bagged heavy gains, proving how the crypto market is uncertain and full of surprises. Such crypto trading incidents are common, where risk-takers make the best gains, and this is what happened with this one trader.

Binance, the world's largest crypto exchange, has flagged five altcoins for potential delisting.

As October 2024 kicked off, the crypto market has remained steady despite a widespread dip on Tuesday. Since January, there's been an interesting uptick in specific crypto themes, with artificial intelligence (AI) tokens, bridge cryptocurrencies, and meme coins outshining sectors like exchange tokens and store of value coins.

The crypto market cap is down by 6%, with more than half a billion crypto bets liquidated amid flaring geopolitical tensions in the Middle East. Tensions In The Middle East Rattle The Crypto Market The total crypto market cap has dropped by 6%, sliding to $2.

Luxury car manufacturer Lamborghini gears up for the fast lane in the digital world as it unveiled "Fast ForWorld."

Taiwan's FSC will require virtual asset service providers to complete AML registration or face criminal penalties.

A US citizen has filed a lawsuit over losing $2.1 million in Bitcoin tokens due to what he believes to be a pig butchering scam orchestrated by a crime syndicate in Southeast Asia. According to a release on Oct.

Phishing and private key compromises dominated Q3, with Ethereum as the top target, according to cyber security firm CertiK.

Crypto exchange Binance has achieved a significant milestone by joining Argentina's Virtual Asset Service Providers Registry, marking its 20th global regulatory achievement. This allows Binance to expand its full range of services to Argentina-based users, further embedding itself in the country's cryptocurrency market.

The Russian CBDC will not lead to an increase in the amount of money in the economy.

Coinbase wants the court to compel the CFTC to hand over its communications with certain crypto issuers, claiming its critical to its defense against the SEC.

Bankless founder Ryan Sean Adams has warned of the growing threat of North Korean IT workers infiltrating cryptocurrency projects.

Telegram CEO Pavel Durov admitted that his platform has been disclosing user IPs, phone numbers, and addresses to law enforcement since 2018. Crypto security experts are dismayed by this revelation.

Gurbir Grewal, the head of the SEC's enforcement, will leave the agency on Oct. 11 following a three-year term, according to a statement Wednesday.

According to Fortune, a new report claims that cash is used much more than crypto in illegal activity worldwide. Crypto got an early unsavory reputation from the Silk Road, but crime numbers are tiny in 2024.

Proposed over two years ago, the law recognizes cryptocurrency as virtual assets in the country, establishing the Central Bank of Uruguay as the regulator and overseer of companies seeking to offer cryptocurrency services. The law positions Uruguay at the forefront of Latin American countries that have already included crypto in their regulatory frameworks.

Franklin Templeton has proposed a Bitcoin and Ethereum ETF to the SEC, aiming to offer investors exposure to both cryptocurrencies in a single index fund.

What recent polling data suggests about the crypto voter demographic?

The 2024 Presidential election of the United States is only a couple of months away. With Joe Biden out of the race, Kamala Harris and Donald Trump from the Democratic and Republican parties, respectively, remain the top contenders for the leadership of the most powerful country in the world.

A CFTC subcommittee approved guidelines allowing tokenized shares from firms like Franklin Templeton and BlackRock to be used as collateral in trading.

Ohio State Senator Niraj Antani has introduced a bill to legalize cryptocurrency payments for state and local taxes. Emphasizing the importance of cryptocurrency in the present economy, the bill requires Ohio to accept digital currencies like bitcoin and allows state retirement systems to invest in them. Antani highlights Ohio's historical role in cryptocurrency adoption.

Binance introduces a new promotion for AVA Flexible Products, offering users a 5% Bonus-Tiered APR. The promotion runs until December 1, 2024, on a first-come, first-served basis.

Taiwan's Financial Supervisory Commission (FSC) has allowed professional investors to venture into foreign virtual asset exchange-traded funds (ETFs) via sub-brokerage. By allowing more diverse investment channels, the FSC aims to boost local brokerage operations while carefully managing the high risks of virtual assets.

India's Enforcement Directorate has exposed a massive $48 million scam linked to the online gaming app Fiewin, connected to Chinese nationals. Following an in-depth investigation, an equivalent of about $3 million has been frozen in accounts tied to these individuals. The scam lured users with quick earning schemes but blocked fund withdrawals.

As businesses turn to dollar-pegged options, stablecoins now represent over 40% of Sub-Saharan Africa's crypto economy.

A subcommittee of the Commodity Futures Trading Commission's (CFTC) Global Markets Advisory Committee voted to approve guidelines for using tokenized shares of money-market funds as collateral for traditional financial operations. As reported by Bloomberg on Oct.

A crypto strategist holding a “Master Trader” rank on the crypto exchange Bybit says one Solana (SOL)-based memecoin looks poised to have a strong week despite the latest correction. Pseudonymous analyst Bluntz tells his 278,100 followers on the social media platform X that Bonk (BONK) looks to be in the midst of a five-wave surge.

A Token Unlocks analysis covering key trends across different crypto project categories disclosed that not all tokens performed equally in terms of unlocked value and price performance. Some sectors rose, and others dipped.