Expert clarifies No EU-Wide Ban on Anonymous Crypto Wallets

An industry expert, on Sunday, has ‘debunked’ claims that the European Union has banned anonymous crypto wallets and transactions. On Saturday, reports spread across the industry, claiming that the EU’s recent anti-money laundering (AML) law specifically targets banning anonymous crypto accounts. However, industry expert Patrick Hansen addressed these claims, clarifying that the law does not...

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Dollar Turns Weak As Traders Await Data

The U.S. dollar shed ground against its major counterparts on Monday ahead of a slew of key economic data, including a reading on the PCE price index, which is the Fed\'s preferred measure of inflation. The core PCE price index is expected to have climbed 0.3% month-on-month in February, keeping annual reading unchanged at 2.8%....

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CommEx Announces Shutdown and Halts Deposits

CommEx, the exchange that took over Binance’s operations in Russia in September 2023, has announced it is closing down and has stopped accepting deposits. While the exchange has refrained from stating the motives behind this decision, it has outlined that it will wind down all operations before May 10, 2024. CommEx Announces Suspension of Trading...

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