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The federal government’s massive crackdown on cryptocurrency companies requires all crypto market participants to redouble their compliance efforts to satisfy regulators and ensure the trust of their customers and counterparties. At present, cryptocurrency compliance is highly technical. Despite the absence of an industry-specific statutory or regulatory regime, U.S. regulators and law enforcement agencies have aggressively asserted jurisdiction over the world of digital assets. To date, the U.S. Department of Justice, the Securities and Exchange Commission (SEC), the Commodity Futures Trading Commission (CFTC), and other federal and state-level regulators have pursued enforcement actions against cryptocurrency exchanges, cryptocurrency transactions, initial coin offerings,…

Digital asset management firm CoinShares says Bitcoin (BTC) and other cryptocurrency markets are off to a strong start to the new year amid growing institutional interest. Institutional investors are pouring funds into cryptocurrencies ahead of the U.S. Securities and Exchange Commission's (SEC) much-anticipated approval of a spot BTC exchange-traded fund (ETF), CoinShares revealed in its latest Digital Asset Fund Flows report. “Inflows into digital asset investment products totaled US$151 million in the first week of 2024, bringing total inflows since the Grayscale v. SEC lawsuit to US$2.3 billion, accounting for 4.4% of total assets under management (AuM).” Despite the fact…

Following last week's correction, billions of dollars of capital are returning to the crypto market, noted analysts said. Earlier this month, digital assets underwent a major correction, with the market capitalization of cryptocurrencies plummeting from $1.7 trillion to $1.5 trillion in one day. Analyst Ali Martinez told his 39,700 followers on social media platform He said there is. “After the recent cull, there has been a notable resurgence, with more than $2.5 billion flowing back into the United States.” cryptography market. This influx could mean renewed investor confidence and an upturn in the market. ” sauce: Ali Martinez/X As of…

Just as internet software has eaten away at the world for the past 30 years, the new paradigm that eats away at finance could be all that cryptocurrencies themselves are cracked up to be. On the other hand, the cryptocurrency market can be turbulent. The prices of digital assets are rarely driven by fundamentals, they are often driven by hype, and can fluctuate wildly depending on what is spread on the news and social media on a daily basis. We got a taste of this earlier this week. Analysts at Matrixport put a damper on the widely held belief that…

Inflation in the euro zone rose in December, marking its first fall in seven months, official figures showed on Friday, with analysts divided over when the European Central Bank would start cutting interest rates.Consumer prices rose a modest 2.9% last month, in line with Bloomberg analysts' forecasts, down from an annual rate of 2.4% in November 2023. This is the first rise in annual inflation since an unexpected rise in April last year. The data supported comments from ECB President Christine Lagarde, who warned that Europe needed to remain cautious despite falling inflation. Advertisement – SCROLL TO CONTINUE After consumer…

Friday, January 5, 2024 ▪ Four Minimum read time ▪ up to Fenelon L. Exchange platform Binance announced on Thursday, January 4th, that it will tighten trading rules for 10 cryptocurrencies, including Monero (XMR) and Zcash (ZEC). These will now come under “intensified surveillance” due to increased risks. Binance strengthens monitoring of high-risk cryptocurrencies Binance, a global leader in crypto exchange platforms, announced in a recent press release the expansion of its “Surveillance Beacons” starting January 4, 2023. The decision comes in the wake of recent regulatory troubles in which Binance faced allegations of money laundering and violation of KYC…

Eurozone inflation rose 2.9% year-on-year in December, below expectations of 3%, ending seven consecutive months of decline. The monthly inflation rate rose by 0.2%. Core inflation, excluding energy and food, reached 3.4%. PPI fell by 0.3% in November, representing a significant annual decline of 8.8%. advertisementThe euro zone's annual inflation rate rose again in December after seven consecutive months of decline, albeit at a slower pace than expected.The eurozone's harmonized consumer price index (HICP) rose 2.9% year-on-year in December, according to the latest preliminary figures released by Eurostat on Friday. This figure is higher than November's 2.4%, but slightly lower…

What's happening in Germany, France and Spain: The impact of Europe's largest economies.In Germany, the annual inflation rate rose to 3.8% from 2.3% in November. However, this increase was smaller than expected and was driven by special statistical factors. Energy costs in the second half of 2022 were pushed to particularly low levels by lump-sum payments to households.Economists expect Germany's economic growth to be minimal this year as consumers hold back on spending and exports will be hit by uncertainty in global markets.In France, government support for energy costs was cut off, and consumer prices rose to 4.1% from 3.9%…

Unlock Editor's Digest for freeFT editor Roula Khalaf has chosen her favorite stories in this weekly newsletter.Eurozone inflation rose to 2.9% in December, reversing six consecutive months of decline and raising questions about how soon the European Central Bank will start cutting interest rates.Annual consumer price inflation in 20 euro member countries rose in December from 2.4% in the previous month, the lowest in more than two years, but was slightly below the 3% forecast by economists polled by Reuters. It went below. poll.Cuts in government subsidies for gas, electricity and food that began last year caused annual inflation to…

Share this article Recent Binance Announced The company announced it has added three major privacy-focused coins to its watchlist due to volatility and regulatory concerns. The list includes Monero (XMR), Zcash (ZEC), Firo (FIRO) and his other seven coins tagged. surveillancereviews, and possible delisting.Binance says these coins now have a “monitoring tag” and must pass a risk assessment every 90 days to be tradeable. This review is part of the regular testing that crypto projects must undergo to ensure they continue to meet standards regarding team commitment, trading volume, on-chain security, and liquidity.Cryptocurrency exchanges have warned that if any of…