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moniedata. Easy about complicated.2023-11-25T11:52:22+01:00

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European Union Moves Forward With Law Banning Anonymous Crypto Transactions; EU Rules Would Have No Minimum Threshold

basic knowledge|

EU rules that would force all movements of cryptocurrency no matter how small to be traceable by law enforcement authorities are moving forward, with two committees of the European Union parliament voting in favor of draft legislation that would put an end to anonymous crypto transactions in the region. The bill now moves from committee to an

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Yellen: Crypto regulation should be based on risk

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In a comprehensive speech on regulating cryptocurrencies, Treasury Secretary Janet Yellen made the case that regulation should be based on risks, not technologies, balancing between the improvements digital assets could offer our payment system and the hazards they present. “Wherever possible, regulation should be ‘tech neutral,’” Secretary Yellen said in a speech before American University’s Kogod School

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Ronin Network bailed out by crypto giant after hack

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A cryptocurrency and NFT games company which was hacked for $14m last month says its customers will now be reimbursed after a cash injection. Hackers emptied the company's Ronin Network platform in March after exploiting a security flaw. A total of $10m of the stolen funds was owned by customers who won digital coins playing the game

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Please remember that all investments carry some level of risk, including the potential loss of principal invested. They do not typically grow at an even rate of return and may experience negative growth. As with any type of portfolio structuring, attempting to reduce risk and increase return could, at certain times, unintentionally reduce returns.

These results are based on simulated performance results, also known as paper trading, that have certain inherent limitations. Unlike the results shown in an actual performance record, these results do not represent actual trading. They do not take into account transaction fees, slippage, and taxes. Also, because these trades have not actually been executed, these results may have under- or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity. No representation is being made that any individual will or is likely to achieve profits or losses similar to these being shown.

Nothing contained in this material is intended to constitute legal, tax, securities, or investment advice, nor an opinion regarding the appropriateness of any investment, nor a solicitation of any type. The general information contained on this website should not be acted upon without obtaining specific legal, tax, and investment advice from a licensed professional.

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