Money laundering watchdog pushes for crypto information-sharing rules

Most countries lack “travel rule” laws that could help prevent the illicit use of cryptocurrency by criminals and terrorists, a global anti-money-laundering watchdog said on 30 June. The rules would require companies and service providers to share information about senders and recipients in cryptocurrency transactions. Only about 30% of jurisdictions surveyed by the Financial Action Task … Baca Selengkapnya

Research Affiliates CEO calls crypto a ‘Ponzi scheme,’ questions ‘substance’ of blockchain

The chief executive of California-based asset manager Research Affiliates has called cryptocurrencies a “Ponzi scheme”, claiming bitcoin and the blockchain technology underpinning the world’s largest digital asset help fuel illegal activity. “They are a Ponzi scheme that facilitates money laundering,” Chris Brightman told Financial News when asked about his views on cryptocurrencies. Brightman, who became … Baca Selengkapnya

Crypto industry fears EU crackdown on NFTs – POLITICO

Press play to listen to this article Crypto companies fear a new way of selling digital assets like artwork, music, memes — and even tweets — could soon be weighed down by Brussels’ old bureaucracy. EU legislators are debating whether they should rope the market for so-called NFTs — non-fungible tokens — into an EU … Baca Selengkapnya