Tag: Implement

Bitcoin Nears $100,000 As Trump Council Expected To Implement BTC Reserve

coiner

Follow Nikolaus On X Here What an enormous day it has been today. Gary Gensler officially announced that he is stepping down from his position as Chairman of the Securities and Exchange Commission (SEC), and minutes later, Reuters reported that Donald Trump’s “crypto council” is expected to “establish Trump’s promised bitcoin reserve.” A bitcoin reserve, that would see the United States purchase 200,000 bitcoin per year, for five years until it has bought 1,000,000 bitcoin.  Image via Julian Fahrer Right after both of those, Bitcoin continued its upward momentum and…

Read More

The Hunt for the Russian Trace: Chinese Banks Implement Stricter Compliance for Foreign Payments

coiner

Chinese banks have implemented additional compliance measures for payments from the United Arab Emirates (UAE), India, and Hong Kong, which have traditionally served as trade partners for Russia. These measures aim to identify Russian businesses using third countries as proxies to complete payments. Chinese banks now require documentation confirming that goods will be sent directly […] Source link

Read More