Singapore’s MLNRA Marks Digital Payment Tokens as High-risk
Singapore’s Money Laundering National Risk Assessment (MLNRA) has flagged digital payment token service providers as a high-risk category in the Anti-Money Laundering (AML) landscape. The comprehensive 126-page report identifies new risk sectors not included in the previous report, published in 2014. These consist of precious stone and metal vendors and DPT service providers. The sector […]
Swiss National Bank Extends Digital-Franc Pilot Two Years
The Swiss National Bank (SNB) has extended its digital-franc pilot program by two years. They evaluate performance, security, and scalability in real-world settings. The Swiss National Bank (SNB) has announced the extension of its digital-franc pilot program for another two years. This action demonstrates Switzerland’s commitment to investigating the potential of central bank digital currencies (CBDCs) and […]
Konami, Avalanche Partner to Launch Resella NFT Platform
Konami Digital Entertainment has partnered with Avalanche to introduce its latest non-fungible token (NFT) platform, Resella. Konami Digital Entertainment, a Japanese game developer and publisher, has disclosed its partnership with the Avalanche blockchain to introduce its latest non-fungible token (NFT) solution, “Rosella.” By offering a streamlined solution for companies and organizations seeking to incorporate blockchain […]
Blast Ethereum-Layer 2 Airdrop Countdown Begins
The Blast L2 Airdrop is a week away, and the L2 community released a statement with crucial information about the event. In an effort to incite optimism, Blast, the Ethereum-layer 2 scaling solution, has recently revealed a post on X that provides information surrounding its upcoming Airdrop. As the event is only one week away, […]
Bitcoin Miner Reserves Drops to Least Since 2010
According to IntoTheBlock data, the Bitcoin miners‘ hold as reserves have experienced their lowest value in over 14 years since February 2010. Miners’ reserves decreased to 1.90 million Bitcoin on June 19, following a peak of 1.95 million BTC at the beginning of the year. Lucas Outumuro, the director of research at IntoTheBlock, anticipates that […]