The new legislation will introduce a licensing system for suppliers of virtual asset services, requiring them to adhere to strict anti-money laundering standards.The Legislative Council of Hong Kong has approved an update to its anti-money laundering (AML) and terrorist financing system that now inc

Regulators should target the crypto industry instead of banks, according to Jamie Dimon, who dubbed cryptocurrency "a complete sideshow."CEO of JPMorgan Chase, Co. Jamie Dimon characterized cryptocurrencies as "a complete distraction" and compared its tokens to "pet rocks." The comments were made in

In the face of challenging mining conditions, the difficulty of mining bitcoin has decreased by the largest margin since July 2021.The Bitcoin ecosystem is still suffering from challenging market conditions, despite a significant decline in mining difficulty since July 2021.As projects planned month

Top Trending Crypto News TodayMysterious Bitcoin miner shows off oldest signature dated Jan. 2009https://cointelegraph.com/news/mysterious-bitcoin-miner-shows-off-oldest-signature-dated-jan-2009A curious member of the bitcointalk.org forum recently sought to identify Bitcoin miners from the early da

According to Will Manidis, CEO of ScienceIO, SBF made the "greatest ROI transaction of all time" by giving $40 million to the right causes in exchange for getting away with stealing over $10 billion.The crypto community and entrepreneurs were unconvinced by the mainstream media's attempts to downpla

Top Trending Crypto News TodayBlackRock CEO Says ‘Next Generation for Markets’ Is Tokenizationhttps://decrypt.co/116145/blackrock-ceo-says-next-generationmarkets-is-tokenizationSpeaking at a New York Times DealBook event, Fink argued that tokenization will provide “instantaneous settlement” and “red

"The skepticism doesn't upset me that much," Facebook's parent company's CEO stated on Wednesday at the DealBook Summit.During the New York Times DealBook Summit in New York City on Wednesday, Meta Platforms (META) CEO Mark Zuckerberg stated he was still hopeful about the metaverse on a longer, "fiv

Top Trending Crypto News TodayBrazil's Congress Moves to Regulate Crypto Paymentshttps://decrypt.co/116011/brazil-crypto-paymentsBrazil's Chamber of Deputies approved a new regulatory framework that will include digital currencies and frequent traveler rewards from airlines (the popular "miles") in

Cardano's growth metrics include total value locked, new daily wallets, transaction volumes, and wallet delegators. During Muesliswap's most recent Twitter space, several developers highlighted Cardano's remarkable development in the DeFi sector.Cardano blockchain data reveals a 90% continuous rise

Funding for crypto development teams at Aptos Labs and Mysten Labs drove DeFi and Web 3 deal-making in the third quarter of this year.According to new research, Web3 and DeFi continue to top venture capital fundraising activity, even as deals decrease. The latest Emerging Tech Indicator report from