An introduction to KYC in Crypto
The initial level of anti-money laundering (AML) reasonable care is called “know your customer,” or KYC for short. The Know Your Client (KYC) processes are...
Primex Finance Introduces Beta 0.3.0 App With Deployments to Polygon Mumbai and zkEVM Testnets – CoinJournal
Kyiv, Ukraine, 18th January, 2023, Chainwire Cross-chain prime brokerage protocol Primex Finance rolls out a major update to its application. Launching in two stages, Beta...
SEC’s fines in crypto enforcement actions hit $2.6B in 2022
The SEC’s first crypto-related enforcement action was in July 2013. The agency has brought 127 such actions since, with 30 of these in 2022 representing...
WEF 2023: CBDCs need to find a ‘real problem’ to solve, says SARB governor
South African Reserve Bank (SARB) governor Lesetja Kganyago highlighted issues surrounding the introduction of central bank digital currencies (CBDCs) at the World Economic Forum (WEF)...
Polkadot founder Gavin Wood says XCM v3 merged
XCM works across chains, smart contracts and non-fungible tokens (NFTs). It also supports communication between networks with different consensus mechanisms, like between Bitcoin and Polkadot....
Ethereum price targets $2k as fear and greed soars
Ethereum price momentum waned on Wednesday as investors reacted to the improving market conditions. ETH surged to a high of $1,612, the highest level since...
Coinbase halts operations in Japan, customers to withdraw assets
Coinbase has announced that it has stopped its operations in Japan. The exchange has cited “market conditions” for the move. Customers are advised to withdraw...
EU postpones final vote on MiCA for the second time in two months
The final vote on the European Union’s (EU) much-awaited set of crypto rules, known as the Markets in Crypto Assets regulation (MiCA), was deferred to...
CFTC commissioner calls for global industry standards in crypto regulation
Caroline Pham, the Commodity Futures Trading Commission (CFTC) commissioner, has recently called on regulators to provide clearer guidance on crypto assets in 2023. In an interview with...
Shiba Inu makes 20% jump after listing on Upbit
At press time, Shiba Inu was trading at $0.00001233. Upbit now allows users to trade SHIB against won. Upbit is the most popular crypto exchange...