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Congress Members “Express Concern” Over Treasury’s Potential Crypto Wallet Regulations

Congress Members “Express Concern” Over Treasury’s Potential Crypto Wallet Regulations

Four members of Congress have expressed concerns in a letter to the US Treasury Secretary Steven Mnuchin, over their rumored self-hosted crypto wallet regulation ban.

President Biden Freezes Mnuchin's Controversial Proposed Regulation on Unhosted Crypto Wallets

President Biden Freezes Mnuchin's Controversial Proposed Regulation on Unhosted Crypto Wallets

FinCEN’s controversial regulation proposal on “unhosted” crypto wallet has been effectively frozen by President Joe Biden as his administration takes office today.

FinCEN Proposes Cryptocurrency Guidelines to Fight Money Laundering and Regulate Unhosted Wallets

FinCEN Proposes Cryptocurrency Guidelines to Fight Money Laundering and Regulate Unhosted Wallets

The Financial Crimes Enforcement Network (FinCEN) has proposed regulatory measures for businesses operating with cryptocurrencies, such as exchanges.

US Treasury Department Proposes New KYC Requirements for Cryptocurrency Transactions

US Treasury Department Proposes New KYC Requirements for Cryptocurrency Transactions

The U.S Treasury Department has released a notice concerning a new rule that would require money services businesses and banks to verify identities, keep records, and submit reports of users holding crypto assets in unhosted wallets.

Square Wants Less Technical User-Friendly Cryptocurrency Wallets

Square Wants Less Technical User-Friendly Cryptocurrency Wallets

Square Crypto, the cryptocurrency arm of the online payment service provider Square Inc is set to fund the development of crypto wallets with enhanced UX.

Bitcoin Wallets Holding 10 BTC or More Decrease as Bitcoin Price Struggles to Hold $10,000

Bitcoin Wallets Holding 10 BTC or More Decrease as Bitcoin Price Struggles to Hold $10,000

According to a report by Glassnode analytics provider, the number of Bitcoin wallets holding ten or more BTC has declined.

15,000 Bitcoins Transferred to Exchange Wallets Caught in Action: What Does This Mean for the Market?

15,000 Bitcoins Transferred to Exchange Wallets Caught in Action: What Does This Mean for the Market?

According to the tweet shared by Whale Alert, in the last 24 hours, there have been transactions of 15,000 Bitcoins worth $99,702,423 from unknown wallets to different exchange wallets like Binance, OKEx, Coinbase, and Phoenix.

Hacking 101: Security of Bitcoin Wallets, From a Hacker's Point of View

Hacking 101: Security of Bitcoin Wallets, From a Hacker's Point of View

The safety of crypto wallets was recently questioned, after an incident where a Bitcoin address was successfully hacked.

Europol Cybercrime Report Identifies Monero, Zcash, Dash and Privacy Wallets as Emerging ‘Top Threats’

Europol Cybercrime Report Identifies Monero, Zcash, Dash and Privacy Wallets as Emerging ‘Top Threats’

Europol assessed the new developments in cybercrime in relation to the COVID-19 pandemic and identified certain cryptocurrency wallets as top threats.

Crypto Wallets Holding More Than 10,000 Bitcoin Hit a 2020 Record High

Crypto Wallets Holding More Than 10,000 Bitcoin Hit a 2020 Record High

Santiment revealed that crypto wallets holding at least 10,000 BTC have reached a record high of 111 in 2020, indicating positive sentiment from Bitcoin whales.

Crypto Wallets Holding More Than 1 ETH Break the Record as Ethereum Surges Past $500

Crypto Wallets Holding More Than 1 ETH Break the Record as Ethereum Surges Past $500

New data from Glassnode reveals that crypto wallets holding more than one Ethereum (ETH) have hit a record high of 1,170,598 addresses.

Russia Restricts Anonymous Cash Deposits to Online Wallets

Russia Restricts Anonymous Cash Deposits to Online Wallets

The Russian Government has put strict limits on anonymous deposits made to online wallets. While it is not a complete ban, the initiative by lawmakers is promoted as a step to deter illegal activity such as money laundering and illicit drug transactions and could affect up to 10 million users.

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