The Bitcoin network’s congestion is reaching new highs with over 470,000 awaiting confirmation, leading to rising transaction fees and delays. Unable to keep up with demand, the popular cryptocurrency is facing an uncertain future.
As Telegram users continue to grow, its wallet is becoming increasingly important. With its close integration into day-to-day chat interactions and excellent scalability, Telegram is quickly becoming a major contender in the crypto wallet landscape.
The US Treasury and IRS have proposed new regulations for cryptocurrency transactions, including those made by brokers. The regulations aim to increase transparency with crypto transactions and ensure that brokers abide by existing AML and CFT laws.
Coinjoins.org, the open-source educational project designed to teach users about private Bitcoin transactions, has officially launched. The platform will provide educational resources to help users better understand the importance of anonymity in blockchain and cryptocurrency implementations.
Binance, the world’s largest cryptocurrency exchange, is reportedly applying for Anti-Money Laundering (AML) compliance in Taiwan, according to local media. The move is expected to bring increased regulatory oversight to the exchange.
The Securities and Exchange Commission is raising concerns after Richard Heart made transactions worth $26 million during the recent Tornedo Cash Bitcoin scam. The SEC issued a statement regarding Heart’s actions, claiming “potentially suspicious activity.