press release PRESS RELEASE. StreamCoin announced that more than 5,000 users have registered for its STRMNFT marketplace. The Web 3.0 live streaming company says it accomplished this feat in less than a month after opening user registration on May 31, 2022. StreamCoin users have been supporting its vision since January 2022, though the company also noticed significant registration traffic from…
Month: June 2022
Interlay (INTR) Trading Starts June 30 – Deposit Now
We’re thrilled to announce that Kraken now supports Interlay (INTR)! Funding and Trading You can add INTR to your Kraken account by navigating to Funding, selecting the asset, and hitting Deposit. Trading will begin June 30th. Here’s what you need to know: Ticker INTR Tradeable against EUR, USD Price precision 4 decimal places Deposit confirmations required 20 (5 minutes) Not…
Reserve Bank of India ranks crypto near the bottom of systemic risks despite harsh criticism
In its latest financial stability report published on Thursday, the Reserve Bank of India, or RBI, reiterated its skepticism of digital assets, writing: “We must be mindful of the emerging risks on the horizon. Cryptocurrencies are a clear danger. Anything that derives value based on make-believe, without any underlying, is just speculation under a sophisticated name.” The report alleged that…
Reporting ‘limited progress,’ FATF urges countries to introduce legislation for travel rule
The Financial Action Task Force (FATF) reported that 11 out of 98 responding jurisdictions have started enforcing its standards on Combating the Financing of Terrorism, or CFT, and Anti-Money Laundering, or AML. In an update released Thursday on the “Implementation of the FATF Standards on Virtual Assets and Virtual Asset Service Providers,” the FATF reported the “vast majority” of jurisdictions…
White Rock Management To Open Bitcoin Mining Facility In Texas
Bitcoin mining company White Rock Management is opening a mining facility in Texas and looks to expand further. The facility will capture excess natural gasses from onsite oil operations to power the facilities with sustainable energy.To facilitate the capturing of excess natural gas, White Rock partnered with NGON Solutions. White Rock Management, a global bitcoin mining company, is opening a…
Trading for BTT, DENT, KEY and UNFI Starts July 1 – Deposit Now!
We’re thrilled to announce that Kraken now supports Bittorent (BTT), Dent (DENT), SelfKey (KEY) and Unifi Protocol DAO (UNFI)! Funding and Trading Funding is live, and trading will begin on July 1 at approximately 14:30 UTC. Keep an eye on the status page for updates. You can add these tokens to your Kraken account by navigating to Funding, selecting the…
EU Agreement Reached on Anti-money Laundering Rules for Cryptocurrencies – Regulation Bitcoin News
European institutions have reached an interim consensus on a set of EU regulations that will burden crypto companies with the obligation to help prevent money laundering, among other illicit activities potentially involving digital assets. The progress comes as the Union seeks to comprehensively regulate the continent’s cryptocurrency market. EU Officials and Lawmakers Agree on AML Measures in Crypto Space Negotiators…
OP Crypto launches $100M fund to back early-stage crypto VCs
OP Crypto, a cryptocurrency venture capital firm founded by former Huobi executive David Gan, is launching a new fund to support emerging fund managers focused on early-stage crypto investments. Named “OP Funds of Funds I,” the fund has secured $50 million in commitments from major companies like FTX’s investment subsidiary LedgerPrime and FJ Labs. The OP FoF I will target…
Basel Committee wants to limit banks’ digital asset exposure to just 1% of equity
On Thursday, the Basel Committee on Banking Supervision suggested during its second consultation on the prudential treatment of crypto-asset exposures that banks limit their exposure to so-called Group 2 crypto assets to just 1% of their Tier 1 capital. Group 1 digital assets consist of tokenized traditional assets, such as synthetic stocks, or those with effective stabilization mechanisms, such as regulated…
Bitcoin nears worst monthly losses since 2011 with BTC price at $19K
Bitcoin (BTC) drifted further downhill into the June 30 Wall Street open as United States equities opened with a whimper. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView U.S. dollar returns to multi-decade highs Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it abandoned $19,000 to hit its lowest in over ten days. Bulls failed to preserve either $20,000 or…