CryptoNews

Treasury Sanctions Ethereum Wallet Used by Sinaloa Cartel to Launder Fentanyl Financing  – Bitcoin News

September 27, 2023
The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) sanctioned an Ethereum wallet used by the Sinaloa Cartel to launder money from fentanyl sales in the U.S. Mario Alberto Jimenez Castro, an accused money launderer for the cartel’s Los Chapitos faction, allegedly directed the use of cryptocurrency and wire transfers to pay cartel leaders in Mexico, according to OFAC. U.S.
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CryptoNews

Hong Kong Securities Regulator Says It Now Publishes Names of Entities Seeking Crypto Trading Licences – Regulation Bitcoin News

September 27, 2023
The Hong Kong securities regulator has said it now publishes a list of firms seeking to operate crypto trading platforms in the region. Julia Leung Fung-yee, the CEO of the Securities and Futures Commission (SFC), said divulging the names of applicants is intended to help placate an investing public recently ruffled by the Jpex incident. Pacifying Hong Kong Crypto Users Hong Kong’s securities…
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CryptoNews

Biggest Movers: BCH 5% Higher, as BNB Nears Key Price Target – Market Updates Bitcoin News

September 27, 2023
Bitcoin cash rose by as much as 5% on Tuesday, as bulls extended recent gains following last week’s consolidation. The token rose for a second consecutive session, moving closer to a resistance level of $225 in the process. BNB also climbed, pushing towards a ceiling of its own at $220. Bitcoin Cash (BCH) Bitcoin cash (BCH) was a notable gainer in today’s session, as the cryptocurrency climbed…
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CryptoNews

Tether Denies Links With Alleged Spokeswoman Alex Welch; Blasts 'Tabloid' News Outlets – Bitcoin News

September 26, 2023
A controversy surrounding Alex Welch, an alleged spokeswoman of Tether, the company behind USDT, erupted last week as an article in the Wall Street Journal (WSJ) quoted her as a source for information on the company’s loans. However, Tether CTO Paolo Ardoino denied any involvement of Welch with the stablecoin company, criticizing the publishing practices of the news outlet. Alleged Tether…
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