FinCEN has alerted banks about the increasing criminal use of cryptocurrency ATMs (CVC kiosks) in scams and drug trafficking. Scammers trick victims into converting money into crypto via kiosks, exploiting transaction anonymity and speed. Regulatory non-compliance by kiosk operators leaves gaps that transnational crime networks are exploiting. The US Treasury’sContinue Reading
YouTuber Andrei Jikh challenged XRP’s viability, questioning why Ripple’s claimed 300+ bank partnerships haven’t produced significant on-chain transaction volume over 13 years. Jikh raised concerns about XRP’s volatility making it impractical as a bridge asset, especially when stablecoins are increasingly preferred for cross-border transfers. Ripple CTO David Schwartz responded byContinue Reading
Central banks are driving gold demand, acquiring over 1,000 metric tonnes for a third straight year. Institutions added US$38 billion (AU$57.78 billion) into gold ETFs in H1 2025, reinforcing a move to safety. Inflation fears and policy uncertainty continue to fuel demand for gold as a cross-border, apolitical store ofContinue Reading
