🇪🇺💶 Tether to end support for EURT, focusing on MiCA-compliant stablecoins
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🇫🇷⚖️France says, despite the ICC arrest warrant, arresting Netanyahu will be difficult due to immunity as a sitting leader
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🇺🇸⚖️ US Court rules Tornado Cash sanctions unlawful—a big win for blockchain and smart contracts!
The US accused Tornado Cash devs of aiding money laundering. This ruling now blocks prosecution over someone else’s smart contract.
🌐 now allows users to purchase premium subscriptions for others, similar to Telegram
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📉➡️Kraken to shut down its NFT marketplace to focus on new projects
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💰👮♂️ The DEA accused Colombian and Mexican drug cartels, including the Sinaloa cartel, of laundering huge amounts of money using USDT
To be fair, it’s hard to believe since they can freeze and block USDT with the push of a button 🤷♂️
📉$200 Billion wiped off Crypto market value as Bitcoin falls below $92.000
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📱📉Bitcoin falls below $94.000, so far Bitcoin lost $5.000 in the last 24 hours
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▶️❌Pump.fun removes its live streaming feature | Streams were getting out of hand
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🇬🇧The UK government plans to issue “Digital Gilts” using blockchain technology || Gilts are government bonds issued by the United Kingdom.
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🫦💥Pump.Fun is completely getting out of hand | People killing pets, self-harm live streams, thieves, scammers and crocks, under age kids, it’s getting out of control
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🇳🇱🛰️ The Dutch government is allocating millions to start using drones to target so-called ‘patsers’—people who drive luxury cars without any traceable income
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📱🌟Bitcoin ETFs are coming closer to Gold ETFs in just 11 months
In the future, people may only be allowed to own ‘wrapped’ versions of Bitcoin, with all real Bitcoins controlled by institutions or governments
🌐 The ‘Travel Rule’ under MiCA will be active from January 2025!
The Travel Rule under the Markets in Crypto-Assets (MiCA) regulation ensures deanonymization in crypto transactions, much like traditional finance. It requires sharing specific sender and receiver information for transactions above certain thresholds.
🪪Identity Verification
Crypto service providers like exchanges and wallets must collect and verify customer identification details (KYC).
📄 Transparency
For transactions, data such as the sender’s and receiver’s name, address, and identification must be shared with relevant parties.
💸Thresholds
The rule primarily applies to transactions exceeding €1,000, though some EU member states will enforce stricter limits.
🚨AML Measures
The justification for all this is to combat money laundering and terrorist financing (what else) by improving monitoring of crypto transactions.
🌎Global Alignment
MiCA aligns with the Financial Action Task Force (FATF) recommendations, making crypto transactions as visible as possible like bank transfers.
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🇯🇵🏠 Japanese man broke into 1,000 homes to ‘relieve stress’ | Lets hope crypto bro’s don’t get to much stress..
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📱 If Trump keeps his promise, Ross Ulbricht will be released on January 20-01-2025 This could potentially trigger a massive boost for Bitcoin
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🇲🇦 Morocco to officially legalize cryptocurrencies again following ban in 2017
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⚠️Warning, ‘Ledger wallets’ new ‘Recover’ feature will let governments access your ‘private keys’ with a subpoena, your new Ledger becomes worthless with this ledger feature!
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❌Winner winner winner chicken dinner, Bitvavo can’t handle your transactions 🤣
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📱For premium members a new video online | “One of the craziest weeks in crypto ever”
📱Join the Coinpower community
www.coinpower.nl or by @woutergevers
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🏦🇸🇬 Singapore Gulf Bank to raise $50 million to buy a stablecoin payments company
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💡💡💡 Rumours spreading that the most hated man in crypto is resigning from his task with the SEC tomorrow
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💰Tether launches Hadron, a platform for tokenizing real-world assets like real estate and commodities, bridging traditional finance with blockchain
🏡They are going to tokenise everything even your house
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