New Zealand Wants to Ban Crypto ATMs in Anti-Money Laundering Overhaul
New Zealand’s government plans to ban crypto ATMs as part of an overhaul of its anti-money laundering and countering the financing of terrorism (AML/CFT) regime. The government wants to target the means criminals use to “convert cash to high-risk assets such as cryptocurrencies,” according to an announcement by Associate...
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Bitcoin Treasury Firms Expand War Chests as Global Adoption Rises
Companies building bitcoin (BTC) treasuries are currently the focus of the digital-assets ecosystem as global adoption widens, and three existing participants have announced a total of about $278 million in new funding to boost their holdings in recent days. Remixpoint (3825), a Japanese energy consulting firm, disclosed Wednesday that...
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Focus on Market Cap, Trading Volume Rather Than Engagement for a Successful Token Launch, Research Shows
Move over the endless X threads and VC endorsements. A deep dive into the token launch dynamics by Simplicity Group shows that token debuts are more about cold, hard fundamentals and less about hype and marketing. The firm analyzed over 50,000 data points related to 40 crypto token launches...
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Industry Coalition Urges House Of Representatives To Support CLARITY Act Ahead Of ‘Crypto Week’
Ahead of an important week for digital assets legislation, Stand With Crypto (SWC) and over 60 other industry firms sent a letter urging House lawmakers to champion clear regulations for the industry and unlock its potential. Industry Coalition Pushes For CLARITY Act Approval On Monday, advocacy group Stand With...
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GMGN co-founder promises compensation for victims of MEV attacks under new security measures
GMGN is offering users who suffer sandwich attacks under the platform’s new MEV protection feature can receive compensation for losses. In a recent post, GMGN co-founder Haze highlighted the increase in malicious attacks on the platform due to Maximal Extractable…...
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Joe Lubin Predicts Ethereum Treasury Moves Will Shift Wall Street Attitudes
Ethereum co-founder and ConsenSys CEO Joe Lubin believes that Ethereum is starting to gain real ground in how traditional finance thinks about digital assets. He sees a growing number of companies holding ETH in their treasuries as a strategic choice that could influence how Wall Street treats crypto as...
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Trump’s Truth Social Files for Crypto Blue Chip ETF
Trump Media & Technology Group, the company behind Truth Social, is expanding deeper into the crypto space. It has filed paperwork with the SEC for a new exchange-traded fund called the Crypto Blue Chip ETF. This new filing builds on earlier efforts by the company to launch Bitcoin-only and...
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Whales Pour $6M Into HYPE Ahead of July 15 Unlock
TL;DR $40M in HYPE will be unstaked before July 15, likely for staking via Kinetiq’s new platform. Liquidation data shows a major short cluster near $42, suggesting potential for a sharp short squeeze. Large Inflows and Whale Activity Fuel Interest in HYPE Four wallets collectively deposited $6.14 million in...
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Polygon’s POL eyes rally ahead of Heimdall v2 mainnet launch on July 10
Polygon’s POL token is seeing renewed momentum just a day before the Heimdall v2 mainnet upgrade, set for July 10. At press time, Polygon (POL) is trading at $0.2001, up 7% in the past 24 hours and 11% over the…...
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New Zealand announces crypto ATM ban in push to combat financial crime
New Zealand will ban cryptocurrency ATMs and limit international cash transfers to $5,000 as part of new anti-money laundering reforms. According to Associate Justice Minister Nicole McKee, the reforms, unveiled on July 9, will “target criminals” by restricting their ability…...
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