EU`s new crypto regulations raise significant privacy concerns. Users and service providers should prepare for impending changes. Continue Reading: The European Union Proposes New Regulations for Bitcoin and Crypto Wallets The post The European Union Proposes New Regulations for Bitcoin and Crypto Wallets appeared first on COINTURK NEWS .
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Avalanche (AVAX) and SUI Traders Eye FX Guys for 20x Returns Amid Market Volatility
December has been very uncertain for the crypto market. So, investors are treading very carefully. That’s why many Avalanche (AVAX) holders are switching. The same can be said for SUI. However, SUI investors are a bit more confident. Regardless, both are looking for something more stable. And this is where FX Guys ($FXG) comes in. FX Guys is a new crypto trading platform. As such, it brings massive utility to the market. So, experts are confident that it will do really well after its launch. Namely, they say that $FXG’s price will rise by at least 20x soon! >>>JOIN FXGuys HERE The Avalanche Token Price Might Fall Further Due to Sell-Offs AVAX’s price has been going up and down this whole month. Namely, AVAX’s price started off strong at the beginning of December 2024. However, a market-wide dip caused AVAX’s price to fall. Then, AVAX’s price recovered shortly after. Avalanche investors thought that the rise would continue. However, another market-wide dip proved otherwise. And due to that, AVAX’s price tumbled once again. More specifically, Avalanche’s price went below $35 on December 20, 2024. And then it rose again soon after to reach its current price of $38. This up-and-down movement is very worrying for Avalanche investors. That’s why they’re looking for something more stable. And they’ve found FX Guys! As a result, Avalanche investors are now bidding heavily on this project. As for AVAX, experts foresee its price dropping by another 20% soon. That’s because Avalanche investors are shedding their holdings to invest in more promising tokens. SUI Shows Strenght as Its Price Recovers SUI is showing massive strength right now. Unlike other altcoins, SUI is doing really well in this up-and-down market. Namely, SUI’s price has already recovered from its recent losses. Now, the SUI price stands at $4.60. Also, SUI’s charts are green in all timeframes. This just shows how resilient SUI is. However, SUI investors are still skeptical. That’s because of the current market volatility. Experts agree with them, recommending extreme caution to everyone right now. They say that SUI’s price can dip again soon due to the volatility. Per expert analysis, SUI’s price will fall by around 15% in the next couple of weeks. So, SUI investors are also looking to diversify right now. Most of them are investing in a new crypto trading platform! Of course, we’re talking about FX Guys! >>>JOIN FXGuys HERE FX Guys: The New Crypto Trading Platform Attracting Traders There are many reasons why everyone is talking about FX Guys right now. First, it is a new crypto trading platform that has yet to launch. As such, it has virtually infinite room for growth. Second, FX Guys brings many extremely needed features to the crypto trading market. Namely, many traders have been struggling recently. They’ve mainly been complaining about the terms that crypto trading platforms offer. That’s why FX Guys is here. As a new crypto trading platform, it aims to resolve all the issues! To do that, the FX Guys crypto trading platform offers great terms for traders. For example, it comes with no withdrawal limits and same-day payouts. It also allows traders to take out their money in crypto and fiat. All of these perks show just how flexible and fair FX Guys is! Next, FX Guys gives an 80/20 profit split to funded traders. Also, it lets them access $500,000 in capital for trading. This allows funded traders to make a lot more money by trading. Also, the FX Guys platform is great for learning. That’s because it comes with features like copy trading, AI tools, charts, and more. These will help you learn how to trade and improve yourself significantly. You’ll also get great rewards with FX Guys. First, you can earn $FXG by trading. This is possible through FX Guys’ Trade2Earn program. Namely, every trade you take will get your $FXG, regardless of whether you win the trade or not. This allows you to quickly stack up your $FXG portfolio. Then, you can stake it for even better rewards. Staking your $FXG gets you a generous share of the FX Guys crypto trading volume and fees! Become a Part of the $FXG Presale Now to Avoid Market Volatility Currently, $FXG is available to you during Stage 2 of its public presale. The token price is $0.04, which will increase to $0.10 when $FXG launches on multiple exchanges. So, you’ll make 150% of profits just by holding $FXG to launch. However, experts say that this is when $FXG’s rally will actually start. Namely, they see $FXG’s pricing rising by 20x after its launch. They say $FXG will reach this goal by February 2025. After that, the price of $FXG will continue to rise. That’s because experts foresee many traders joining the FX Guys platform for better crypto trading perks and profits! To find out more about FXGuys follow the links below: Presale | Website | Whitepaper | Socials | Audit Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here . CoinTurk News
Bank of Italy Calls Bitcoin P2P Services ‘Crime-as-a-Service’ Amidst Growing Acceptance
While major institutions worldwide are gradually embracing Bitcoin, recognizing its potential as a transformative asset and even integrating it into their corporate treasuries, the perception of the cryptocurrency remains far from universally positive. Amid this growing institutional adoption, the Bank of Italy has taken a notably critical stance. In its Economic and Financial Occasional Paper, it labeled Bitcoin peer-to-peer (P2P) services – widely celebrated for their accessibility – as “crime-as-a-service.” Bank of Italy Raises Red Flag on Bitcoin P2P The Bank of Italy’s report from November 2024 highlighted the growing role of Bitcoin peer-to-peer (P2P) services as tools for money laundering in jurisdictions with weak regulations. These services, described as “crime-as-a-service,” exploit regulatory loopholes, allowing illicit actors to obscure the origins of illegally obtained funds. The 131-year-old financial institution targeted unregulated P2P platforms and informal exchange networks, in particular, that evade traditional Know-Your-Customer (KYC) and Anti-Money Laundering (AML) protocols and end up creating pathways for illegal activities. These methods enable criminals to bypass the scrutiny of centralized financial intermediaries by leveraging the pseudonymity of blockchain transactions. Regulatory Gaps The Bank of Italy’s report also highlighted the challenges posed by decentralized financial (DeFi) systems in combating money laundering. While centralized finance (CeFi) platforms can be regulated similarly to traditional financial institutions, their decentralized counterparts, on the other hand, operate without intermediaries, making oversight far more complex. The pseudonymity inherent in blockchain technology allows users to engage in transactions through unlinked addresses, effectively concealing their identities. This has sparked a debate between those who praise blockchain for its transparency and immutability and critics who highlight its potential for abuse. The report points to emerging solutions like Zero-Knowledge Proofs (ZKP), which enable selective disclosure of information to mitigate illicit activities without compromising user privacy. However, these innovations, though promising, fall short of providing the continuous due diligence necessary to identify suspicious activities systematically, as per the Bank of Italy. The post Bank of Italy Calls Bitcoin P2P Services ‘Crime-as-a-Service’ Amidst Growing Acceptance appeared first on CryptoPotato . CoinTurk News