2024-04-29

Author

Fernando Fierro
April 29, 2024

Howdy folks,

👨‍⚖️🧐 The European Parliament's new anti-money laundering (AML) regulations mark a pivotal shift in the crypto landscape in Europe.

Stricter KYC procedures and a dedicated enforcement body, AMLA, target financial crimes, tightening the grip on Crypto-Asset Service Providers (CASPs).

But don't worry – a blanket ban on crypto isn't on the horizon. Yet.

In other news:

💳💸 Stripe is making a comeback in the crypto space with support for stablecoin USDC, signaling renewed confidence in crypto-backed payments.

Stripe's re-entry highlights technological advancements and growing stability in the sector. The integration will support USDC transactions on Ethereum, Solana, and Polygon.

🤝🎤 Rap star Eminem is teasing a new collaboration with Crypto.com.

A promotional video hinted at the partnership, igniting speculation that Eminem might become the exchange's new celebrity spokesperson.

This move continues his engagement with crypto-backed projects.

📵🏛 The FBI has intensified its crackdown on unregistered crypto services, issuing a warning to Americans.

The agency stresses the risks of engaging with non-compliant service providers, urging users to choose legal and reputable services to avoid financial and legal repercussions.

DailyCoin Daily Meme

UK Fights Crypto Crime with New Seize and Destroy Laws

New UK law lets police seize crypto used in crimes, even without arrests. Is your crypto safe? Visit DailyCoin to find out more.

China’s Anti-Graft Authorities Probe Yao Qian, the Architect of the Digital Yuan Creation and Issuance

China’s anti-graft authorities have launched an investigation into Yao Qian, a former head of the country’s central bank digital currency (CBDC) institute.

US DOJ Dismisses Tornado Cash’s Motion to Dismiss, Claims Founders Did More Than ‘Just Write Code’

The US DOJ, in a new 111-page motion, has rejected Tornado Cash’s appeal, explaining founders did more than just write code.

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DISCLAIMER: The content provided does not constitute financial advice. This newsletter is purely educational and should not be considered as investment advice or a recommendation to buy or sell any assets or make any financial decisions. Please exercise caution and do your own research.

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