France proposes reporting requirement for self-custody wallets above €100,000
The proposal would require declarations of self-custodied cryptoassets worth €100,000 or more
Industry
FinCEN will no longer treat mixers as money laundering indicators
Proceedings against Roman Storm continue toward a new trial
Ray Dalio warns of a possible US debt crisis within three years
The investor cites interest payments and refinancing among pressures on the federal budget
Circle and Tether criticise MiCA’s bank reserve rules
Circle proposes replacing mandatory bank deposits with a liquidity standard
British facial scanning falls flat
The test scanned more than half a million faces and generated one false positive
US Senate seeks investigations into Tether and USDT in Iran
The subcommittee seeks reviews of sanctions and anti-money-laundering compliance
Russia keeps Bitcoin payment ban and advances CBDC
According to Tass, the digital ruble has been available for transactions since September 1
579,900 USDT stolen by malicious App Store app
Versions 1.1 and 1.2 included malicious modules
EU Kids Act proposal sets age-based online access
Age checks planned for social media and video-sharing platforms
FT: Saudi Arabia leaves mBridge CBDC project
According to the Financial Times, SAMA ended its participation after a proof of concept
ECB and EU central banks call for stablecoin reserve liquidity thresholds
The ESCB proposes replacing mandatory bank deposits for reserves, as Tether had requested
ECB launches Pontes, a digital euro pilot for bank settlement
The system settles tokenised asset transactions in central bank money
