The know-your-customer (KYC) risk isn’t emerging. It’s already present, and it didn’t come through a nationwide prohibition or a sudden executive decree. It subtly snuck in with a checkbox and a Terms of Service document. While the influencers chatter about CBDCs and paper bitcoin, the actual control mechanism has already been established: Know Your Customer. Not sensational. Not dystopian. Just regulated, normalized, and embraced. However, compliance isn’t impartial. It’s the grid of financial supervision, and if you’re still providing your ID to accumulate sats, you’re not purchasing freedom. You’re funding your own confinement. The Genuine Threat from KYC KYC regulations…
Autore: wsjcrypto
Today in cryptocurrency, Bitcoin advocate Samson Mow forecasts that Ether investors will reallocate funds back into Bitcoin once ETH reaches a sufficiently high level, creating a new group of “bagholders.” World Mobile unveils a drone-based network aimed at delivering 5G services, while Unicoin’s CEO claims that US banks persist in shutting down accounts for crypto businesses under “Operation Chokepoint.”Ethereum bag holders will revert to Bitcoin: Samson MowBitcoin trailblazer Samson Mow anticipates Ethereum investors will transition back to Bitcoin once ETH prices soar high enough, possibly undoing a five-week rise in Ether. Nevertheless, historical market cycle trends might suggest otherwise. “Many ETH holders…
“`html Reliable Editorial material, evaluated by prominent industry specialists and experienced editors. Ad Disclosure Institutional investors have emerged as key players in cryptocurrency conversations lately, with new treasury firms becoming the focal point. Ethereum—second only to Bitcoin—is among the cryptocurrencies being gathered by the recent market entrants (primarily institutional participants). Notably, the most recent on-chain statistics indicate that this significant group of investors has intensified their acquisitions recently, buying billions of Ethereum tokens over the past month. Are Institutions Driving Ethereum’s Recent Price Rise? In a recent update on the X platform, EmberCN disclosed that several unidentified whales or institutions…
By Aubrey Rose A. Inosante, Correspondent PHILIPPINE economic advancement is unlikely to attain the upper end of the government’s 5.5-6.5% objective this year due to elevated US tariffs and declining remittances, analysts mentioned. Foundation for Economic Freedom President Calixto V. Chikiamco remarked that reaching the 6.5% level is “feasible, but unlikely.” “Especially with [US President Donald J.] Trump’s tariffs on our major exports and a worldwide economic deceleration,” Mr. Chikiamco stated to BusinessWorld. The economy expanded by an annual 5.5% during the April-to-June timeframe, fueled by a recovery in agricultural output and accelerated household expenditure. For the first half of…
“`html The Ethereum (ETH) market has opened up a new phase of optimistic momentum after definitively surpassing the long-held resistance at the $4,000 mark. The leading altcoin is currently trading at approximately $4,200, which translates to an estimated 180% increase from market lows of $1,500 in May 2025. Looking ahead, a market analyst known as CryptoOnChain presents a potential price forecast for Ethereum, outlining both short- and long-term perspectives for the asset. On-Chain Data Indicates Long-Term Optimism for ETH, Short-Term Risk In a QuickTake entry on CryptoQuant, CryptoOnChain provides analysis on Ethereum’s prospective price movements based on recent activity across…
“`html Cryptocurrency organizations have encountered account terminations and rejections of banking services for years classified as de-risking. Numerous individuals in the crypto sector assert that the debanking reflects a policy-driven initiative aimed at stifling digital assets, dubbed “Operation ChokePoint 2.0.”After President Donald Trump’s pro-crypto team secured the election, many assumed the era of debanking had concluded. His campaign dialogue and initial policy actions indicated a more accommodating atmosphere for digital assets, prompting some to anticipate that banks would relax restrictions on crypto clients.Nonetheless, recent occurrences imply that the practice persists firmly. Last week, Andreessen Horowitz partner Alex Rampell cautioned that…
“`html Crypto enterprises have encountered account terminations and refusals of banking services for several years under the guise of de-risking. Numerous individuals in the crypto sector contend that the removal of banking support signifies a policy-driven initiative to stifle digital assets, dubbed “Operation ChokePoint 2.0.”Following President Donald Trump’s pro-crypto team securing the election, many anticipated that the period of debanking had concluded. His campaign rhetoric and initial policy actions hinted at a more favorable atmosphere for digital assets, leading some to believe banks would relax restrictions on crypto clients.Nevertheless, recent occurrences indicate that the practice is still deeply rooted. Last…
THE PHILIPPINES’ gross international reserves (GIR) decreased in July due to lower gold values and as the government repaid a larger portion of its external debt, preliminary data from the central bank revealed. The Bangko Sentral ng Pilipinas (BSP) announced on Thursday that dollar reserves fell by 0.3% to $105.7 billion at the end of July from $106 billion at the close of June. Year-on-year, the GIR decreased by 1% from $106.74 billion. The central bank indicated that the drop was primarily due to “lower international gold prices and the National Government’s withdrawals from its foreign currency reserves with the…
“`html No aspect is as vital to the operation of a free market as its currency. Currency represents half of every exchange, symbolizing one facet of all value conveyed in the trade of goods and services. But what, precisely, constitutes the price of currency? The item with the greatest market appeal usually transforms into a society’s chosen medium of exchange — in other words, its currency. Prices stated in this shared medium facilitate economic calculations, allowing entrepreneurs to identify opportunities, generate profits, and advance civilization. We’ve observed how supply and demand dictate the pricing of goods, yet establishing the value…
“`html Bo Hines, the managing director of US president Donald Trump’s White House Crypto Council, declared he is resigning on Saturday.Hines, who was designated by the president to head the advisory committee in December 2024, mentioned he is leaving to return to the private sector and expressed gratitude to the crypto community for its “steadfast” support. He stated on Saturday:“Being part of President Trump’s administration and collaborating with our extraordinary AI & Crypto Czar, David Sacks, as Executive Director of the White House Crypto Council, has been the privilege of a lifetime. Together, we have established America as the crypto…