April 28, 2022

EU Crypto Laundering Plans Could Overwhelm Authorities, Bank Regulator Says

EU Crypto Laundering Plans Could Overwhelm Authorities, Bank Regulator Says

Officials urged lawmakers to think again as they approach the last stage of privacy-busting proposals. New European Union proposals to monitor crypto transactions with unhosted wallets could breach the risk-based approach set out by international money laundering regulators, an official from the bloc’s own banking authority has said. Policymakers from the European Commission also warned […]

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Meta shares surge 15% after Facebook parent beats earnings estimates

Meta shares surge 15% after Facebook parent beats earnings estimates

KEY POINTS Meta surged 15% Thursday after the company reported better-than-expected profit in the first quarter. Facebook’s parent company said daily active users rose slightly in the first quarter, to 1.96 billion from 1.93 billion. But sales rose only 7% from a year ago, marking the first time revenue grew in the single digits. Shares

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Nifty News: Solana NFT Okay Bears tops charts, South African wine NFTs rake it in and more

Nifty News: Solana NFT Okay Bears tops charts, South African wine NFTs rake it in and more

Okay Bears, a Solana-powered NFT topped OpenSea’s 24-hour sales charts on Thursday, while a South African fine-wine NFT auction takes off netting raising more than $180,000. Okay Bears, a Solana (SOL)-powered nonfungible token (NFT), managed to top OpenSea’s 24-hour sales tracker for the first time earlier on Thursday, beating out all other Ethereum (ETH) projects

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DUBAI REAL ESTATE GIANT TO ACCEPT BITCOIN AS PAYMENT

DUBAI REAL ESTATE GIANT TO ACCEPT BITCOIN AS PAYMENT

DAMAC will soon begin accepting bitcoin as payment in its property sales as the UAE seeks to become a cryptocurrency hub. Dubai, United Arab Emirates-based luxury real estate developer DAMAC Properties will soon begin accepting Bitcoin payments for the sale of property in the region, the company said in a Wednesday statement. “DAMAC Properties has always

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Google Trends Study Shows SHIB Is the Most Popular Crypto in the UK

Google Trends Study Shows SHIB Is the Most Popular Crypto in the UK

22 days ago, Bitcoin.com News wrote about a Coin Insider trends study that combed through Google Trends data in the United States. According to the report, dogecoin was the most Googled cryptocurrency in the country. Another study — published by askgamblers.com — has covered similar data, but concentrated on the U.K.’s and Europe’s Google searches.

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Central African Republic Adopts Bitcoin as Legal Tender, Second Country Following El Salvador

Central African Republic Adopts Bitcoin as Legal Tender, Second Country Following El Salvador

Central African Republic (CAR) has officially adopted Bitcoin (BTC) as a legal tender in the country. The move was ushered in with the unanimous adoption of the premier digital currency by the country’s lawmakers, who noted that the coin will now operate in correlation with the CFA franc. As confirmed by the Chief of Staff to President

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