The Big Whale

China Considers Revising Anti-Money Laundering Law to Address Risks of Cryptocurrencies

china

China Considers Revising Anti-Money Laundering Law to Address Risks of Cryptocurrencies

* Chinese lawmakers are considering revising anti-money laundering law to monitor money laundering risks through emerging financial technologies. * The revisions aim to improve detection methods amid the rapid development of new technologies. * The proposed provisions call for collaboration between the central bank and financial regulators to manage money laundering threats from

By The Big Whale

bitcoin

Advancements in Bitcoin: Pushing the Boundaries of Scalability, Security, and Decentralized Innovation

* BitcoinOS claims to have verified a zero-knowledge proof on the Bitcoin mainnet, enabling upgrades without forking the code. * Brollups proposes a trustless Bitcoin-native rollups design using pre-signed transactions. * Fractal is a Bitcoin sidechain focused on scaling transactions, with code closely resembling Bitcoin's base layer. * Babylon introduces staking to

By The Big Whale