Crypto News
Bitcoin’s Latest Rally is Different as BTC Rises Alongside U.S. Dollar and Treasury Yields
Bitcoin has managed to chalk out a double-digit rally recently, ignoring the strength in the dollar index and Treasury yields.Source link
French Hill Challenges Warren’s Anti-Money Laundering Act
U.S. Representative French Hill questions the efficacy of Senator Elizabeth Warren's Digital Asset Anti-Money Laundering Act, arguing it won't deter terrorist organizations from using cryptocurrencies. The act's broad regulatory scope, including miners and validators, sparks controversy. (Read More)Source link
The Resilience of the US Dollar in Global Finance: Insights from Fed Governor Waller
Federal Reserve Governor Christopher J. Waller defended the US dollar's global economic dominance, emphasizing its role as a physical currency, financial asset, and preferred unit of account. (Read More)Source link
Genesis Approved to Sell $1.6B GBTC Shares
Genesis will also be selling shares in Grayscale Ethereum Trust (ETHE, and Grayscale Ethereum Classic Trust (ETCG).Source link
ZK Proofs Enable Defi Platforms to Meet Regulatory Requirements Without Compromising User Data, Says Ex-FCA Regulator
Diana Tlupova, Head of Compliance at Nexera ID, has argued players in the decentralized finance (defi) space can stay ahead of regulators who might want to impose stringent Know-Your-Customer (KYC) rules by using zero-knowledge (zk) proofs to authenticate user credentials. Tlupova contends that, in addition to allowing users to maintain control over their KYC data,Source link