Crypto News
Bitcoin ETFs Take in $1 Billion as BTC Price Nears $100,000
As the price of Bitcoin approaches $100,000, Blackrock and Fidelity ETFs gobbled up the vast majority of the new capital.Source link
The Hunt for the Russian Trace: Chinese Banks Implement Stricter Compliance for Foreign Payments
Chinese banks have implemented additional compliance measures for payments from the United Arab Emirates (UAE), India, and Hong Kong, which have traditionally served as trade partners for Russia. These measures aim to identify Russian businesses using third countries as proxies to complete payments. Chinese banks now require documentation confirming that goods will be sent directlySource link
UK to Draft a Regulatory Framework for Crypto, Stablecoins Early Next Year
The U.K.'s long awaited crypto rules are coming.Source link
Binance Boosts Compliance Staff by 34% Year-Over-Year, Citing Industry’s ‘Rapid Maturation’
Binance, the world’s largest crypto exchange, says it expects to have 645 full-time compliance employees on staff by the end of the year — a 34% increase from last November — as it continues to rapidly build out its compliance department.Source link
Counterpunch: Russia Reveals Plan to Utilize Frozen Western Assets
Russia has revealed that it will respond in kind to the actions of Western governments, which are preparing to make a $50 billion loan to Ukraine collateralized by frozen Russian assets, potentially escalating this conflict. Russia Preparing Retaliatory Move Involving Western Assets The government of Russia has revealed a new plan to counter the utilizationSource link