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15

Taiwan proposes tougher AML measures for crypto service providers

cointelegraph.com

Taiwan’s Ministry of Justice proposed four amendments to the country’s AML regulations focused on cryptocurrency firms that plan to impose hefty penalties for noncompliance.

AIGOLD Goes Live, Introducing the First Gold Backed Crypto Project

gritdaily.com

George Town, Cayman Islands, May 8th, 2024, Chainwire AIGOLD is pleased to announce the launch of its innovative cryptocurrency project. This groundbreaking initiative integrates artificial intelligence with the enduring value of gold,…

14

Crypto P2P: CBN’s policies opened doors for manipulators -Experts

nairametrics.com

The experts believe the stance of the banking regulator opened the doors for bad actors, who were involved in currency manipulation through crypto trading.

Trump Attacks Biden’s Crypto Awareness, Says ‘Biden Doesn’t Even Know What It Is’ at NFT Gala

news.bitcoin.com

Former U.S. President Donald Trump convened with enthusiasts of his non-fungible tokens (NFT) collection on Wednesday and announced to the audience his decision to accept cryptocurrency for campaign contributions. Trump also shared with…

13

Ghana’s crypto stamps honor king’s Silver Jubilee

cointelegraph.com

Ghana Post launched a crypto stamp collection to showcase its king’s 25-year-long journey of persevering in traditional values and adopting new-age technology.

EU seeks stakeholder opinions on adding crypto to 12T euro investment market

cointelegraph.com

If approved, the EU’s UCITS funds would make way for crypto assets to gain exposure to a 12 trillion euro investment product market.

Nearly all customers of failed crypto exchange FTX to get their money back

www.latimes.com

FTX, which filed for bankruptcy protection in November 2022, said in a court filing that between $14.5 billion and $16.3 billion would be available for distribution.

FTX says most customers will be repaid money lost after crypto exchange collapse

Failed cryptocurrency exchange FTX says that nearly all of its customers will receive money back that they are owed which was tied to the platform, along with additional compensation. In a bankruptcy court filing FTX said that

NYC police search for suspects in cash-for-crypto deal gone bad

www.foxbusiness.com

The NYPD is on the hunt for three suspects allegedly involved in robbing and beating a man in a Manhattan hotel last month in what the victim believed was a cash-for-crypto deal.

12

Australian authorities order crypto exchanges to reveal details of 1.2 million accounts

nairametrics.com

The Australian Tax Office has ordered crypto exchanges operating in the country to reveal personal and transaction details of over 1.2 million traders on their platform.

11

Trump Pledges To 'Make Sure You Can' Donate Using Crypto To His 2024 Campaign — Unwittingly Sends Memecoin Parodying Biden Surging

www.benzinga.com

Former President Donald Trump delivered a notable endorsement of cryptocurrencies during a campaign speech on Wednesday and unwittingly sent a meme coin

10

Revolut Launches Stand-Alone Crypto Trading Platform in the UK

news.bitcoin.com

Revolut, the London-based fintech firm, has announced the launch of a new product, Revolut X. This stand-alone crypto exchange is specifically designed for professional crypto traders and marks a major step in the company’s expansion into…

Floki, A Crypto Named After Elon Musk's Dog, Becomes Title Sponsor For An International Sports Tournament: What You Need To Know

www.benzinga.com

Floki (CRYPTO: FLOKI) was trading in the green at the time of writing, going against the broader meme market trend which saw powerhouses like Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: read more

Bitcoin’s longest losing streak of 2024 casts cloud over crypto

www.bangkokpost.com

MUMBAI - Bitcoin is grinding lower as part of a US$500 billion slide in digital assets, stoking questions about whether the crypto rebound has peaked.

09

Issuing full crypto refunds, FTX says

FTX says that nearly all of its customers will receive the money back that they are owed, two years after the cryptocurrency exchange imploded, and some will get more than that.

FTX to Repay Customers Following Crypto Collapse, Compensation Details Revealed

www.techtimes.com

Presented to the U.S. Bankruptcy Court for the District of Delaware, the proposal encompasses nearly all of FTX's customers, representing approximately 98% of its client base.

08

Business News | Cardano (ADA) Alternative Retik Finance (RETIK) Voted Most Innovative Crypto Project in 2024, Announces May 21 Launch Date--Details

www.latestly.com

Get latest articles and stories on Business at LatestLY. New Delhi [India], May 9: In the fast-paced and ever-evolving world of cryptocurrency, innovation reigns supreme. As the industry continues to push the boundaries of what's possible,…

07

Bankrupt Crypto Exchange, FTX To Repay Creditors Full $11bn

www.naijanews.com

Bankrupt crypto exchange, FTX has announced its plans to distribute between $14.5 billion and $16.3 billion to its creditors and customers globally. This decision follows the legal fallout of the exchange’s co-founder and former CEO, Sam…

This Ethereum Killer Is Defying Gravity Amid Downturn In Major Crypto Prices — Are We Getting Ready For A 'Parabolic Bull Run?'

www.benzinga.com

Cardano (CRYPTO: ADA), the tenth-largest cryptocurrency by market cap, defied the broader market downturn to post impressive gains in the 24-hour timeframe.

Ghana Postal Company Launches ‘Crypto Stamp’ to Mark Ascension of Traditional Ghanaian Ruler

news.bitcoin.com

The Ghana Post Company recently launched what it termed the first-ever crypto stamp to commemorate the 25th anniversary of the reign of a ceremonial ruler in Ghana. The managing director of the Ghana Post Company asserted that the crypto…