FinCEN proposes lower threshold for transaction data-gathering under FATF’s ‘travel rule’ including those made with crypto

Newly proposed rule changes from the Financial Crimes Enforcement Network (FinCEN) and the U.S. Federal Reserve would, if approved, drop the transaction reporting threshold under the international “travel rule,” including those made with cryptocurrencies and digital assets. As noted in the proposed rule change document, the amendments “would reduce this threshold from $3,000 to $250 […]

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3 reasons Bitcoin suddenly dropped 3% in 1 hour and recovered By Cointelegraph

3 reasons Bitcoin suddenly dropped 3% in 1 hour and recovered Three factors likely triggered a quick decline in the price of (BTC) on Oct. 25. First, traders pinpoint the $13,300 to $13,500 area as a major resistance range. Second, futures and options markets are neutralizing. Third, weekend trading is seemingly amplifying volatility. Before the […]

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The BIG BAILOUT Is Here! Stop the Collapse? NO! Why?

The US Government announces a BIG BAILOUT! But For Who? Banks & Corporate America! What about the suffering US Citizens!? Well they will have to wait….Why is our government bailing out the airlines, fracking companies & more who have proven, they will only use the money for “stock buybacks” & inflating executives pockets. It comes […]

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Bitcoin’s Rivalry With Gold Plus Millennial Interest Gives It ‘Considerable’ Upside Potential: JPMorgan

Bitcoin has proven itself to be a risk asset, not a safe haven, with “considerable” potential upside, according to a Friday note from JPMorgan’s Global Quantitative and Derivatives Strategy team obtained by CoinDesk. Writing to clients in “Flows & Liquidity,” one of JPMorgan’s flagship publications, the authors said that characterizing bitcoin as a “risk” asset […]

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