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Sumsub integrates Elliptic’s blockchain analytics for enhanced functionality cryptocurrency Wallet screening and risk assessment capabilities for clients london, November 26, 2024 /PRNewswire/ — Sumsuba full-cycle verification platform, announced an integration with . ovala global leader in crypto asset risk management. This partnership will enhance Sumsub's services. cryptography Transaction monitoring and travel rules solutions provide enhanced screening capabilities to clients around the world cryptocurrency wallet, detection scamevaluate trading risk. Blockchain-related crimes such as money laundering and money laundering scamconcerns continue to rise. According to The true identity of Sumusab scam report 2024, cryptocurrency were among the top five industries with the…
The cryptocurrency market in November 2024 is full of expectations and opportunities. Algorand (ALGO) has been in the headlines for its recent price hike, driven by network upgrades and continued sustainability pursuits. Monero (XMR) continues to maintain its position as the go-to privacy coin for those who value the anonymity of their transactions. And then there's Qubetics ($TICS), a rising star with a highly successful presale and an innovative approach to crypto usability. What sets Qubetics apart? While Monero focuses on privacy and Algorand champions environmental friendliness, Qubetics tackles usability issues that have long frustrated cryptocurrency users. No KYC multi…
According to a statement on November 18, Tether announced plans to invest an undisclosed amount in Dutch fintech company Quantoz to support the introduction of two new stablecoins (EURQ and USDQ).Quantoz, which operates under a license from the Dutch Central Bank (DNB), plans to issue these stablecoins using Tether's new Hadron tokenization platform. These tokens are designed to be compliant with the EU's Markets in Cryptoassets Regulation (MiCA), ensuring alignment with strict regulatory standards.EURQ and USDQ are backed by fiat reserves and are classified as e-money tokens under DNB rules. Their main goal is to provide secure and regulated digital…
of European Union Cryptoassets Market (MiCA) The regulation, which is expected to be fully implemented by December, is expected to provide a structured framework that could reshape Europe's cryptocurrency landscape. Adam GlennFounder and Chief Investment Officer hunting hill global capitalwe believe that MiCA is a promising development that could attract more institutional involvement in digital assets by establishing clearer regulatory standards. Compliance clarity and investor confidence Glenn described the rollout of MiCA as a “positive evolution” for companies in the cryptocurrency space, noting that the regulation is expected to create a clearer compliance environment. He explained that such a framework…
VanEck, a global asset management company and US spot Bitcoin ETF issuer, has launched a new exchange-traded bond (ETN) tied to the SUI token on the Sui blockchain network, according to a statement on November 13th. .The ETN, currently available on Euronext Amsterdam and Euronext Paris, allows European investors from over 15 countries to gain exposure to SUI without directly owning the assets.The product tracks the MarketVector Sui Network VWAP Close Index and is fully backed by SUI tokens held by Bank Frick of Liechtenstein. The total expense ratio is 1.5%.VanEck's SUI ETN comes as mass adoption of the digital…
Unlock Editor's Digest for freeFT editor Roula Khalaf has chosen her favorite stories in this weekly newsletter.Eurozone inflation rose to 2% in October, meeting the European Central Bank's target and reducing the likelihood of a half-point rate cut in December. The annual data from EU statistics agency Eurostat was slightly higher than the 1.9% expected by analysts polled by Reuters. “The goal is in sight, but I am not going to say that inflation has been defeated yet,” ECB President Christine Lagarde said in an interview with French daily Le Monde published Thursday ahead of the October figures. spoke. Combined…
Macro guru Raul Pal says if Solana (SOL) regains significant levels, it could signal that the broader crypto market has entered the most explosive phase of the cycle. That's what I think. Real Vision's CEO tells his 1 million followers on social media platform “We are looking for final confirmation from others as BTC is well above $70,000. SOL is above $185.” Source: Raul Pal/X Pal says that a major cryptocurrency uptrend could soon begin as SOL and other digital assets appear to be showing a breakout pattern. “Hopefully we can break through all these levels and get on with…
Toncoin is seeing a growth in its user base, with recent data showing a surge in TON holders, potentially allowing the network to surpass Ethereum in user adoption. Although the token has seen a notable increase in holders, profitability remains a concern, and the asset's market performance in the coming weeks will largely depend on its ability to overcome technical resistance levels. Toncoin was launched in 2018 by the popular messaging app Telegram and has since seen its value and market adoption skyrocket on the open network. The significant increase in user base suggests that…
The Ethereum (ETH) network is struggling to break above $3,000. Altcoins have continued to move sideways in recent months. However, several bullish factors are coming into play, which could mean turning a new page. In this article, we will take a deep dive into how Ethereum could rise significantly in the coming month.Also read: Elon Musk's Doge Flex drives Dogecoin higherEthereum current price levelEthereum has had an eventful day, witnessing a nearly 3% rise in the past 24 hours. At the time of writing, the largest altcoin was trading at $2,525.35. Under these circumstances, the amount of assets per day…
In a bold but not surprising move, Micro Strategy Co., Ltd. MSTR CEO michael saylor The company stated that Bitcoin BTC/USD as treasury reservesIt affects the whole world finance. what happened: During the company's third-quarter earnings call on Tuesday, Saylor expressed confidence that Bitcoin has the potential to correct unhealthy balance sheets of both public and private companies. “Bitcoin will fix the balance sheet. It will bring your stocks back to life. It will bring your options back to life. It will bring volatility,” Saylor said. Saylor said he speaks regularly with executives from public and private companies and highlighted…