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Decentralized Cryptocurrency Markets Threaten U.S. Security, Treasury Says

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Decentralized Cryptocurrency Markets Threaten U.S. Security, Treasury Says

WASHINGTON—The burgeoning decentralized cryptocurrency market threatens U.S. nationwide safety and desires better oversight and enforcement towards money-laundering, the U.S. Treasury Division mentioned on Thursday.

The warning, in a brand new Treasury report assessing the danger of the so-called DeFi markets, lays the inspiration for harder laws and punitive motion by federal businesses.

DeFi platforms allow crypto buyers to transact with one another by software program working on-line, with out a central middleman overseeing transactions. With out the intermediaries of conventional finance akin to banks, regulators at present have little perception into DeFi transactions. 

Ransomware hackers, rogue states and different nationwide safety threats have seized upon the market’s opaqueness to maneuver cash around the globe with out detection, facilitating the financing vital to their operations, the Treasury Division report mentioned.

“Illicit actors, together with criminals, scammers, and North Korean cyber actors are utilizing DeFi providers within the strategy of laundering illicit funds,” mentioned Brian Nelson, Treasury’s undersecretary for terrorism and monetary intelligence. “Capturing the potential advantages related to DeFi providers requires addressing these dangers.”

The report sketches out how the Treasury Division plans to carry the market beneath better federal oversight, suggesting that platforms that fail to ascertain ample vetting insurance policies threat enforcement motion.

Picture illustration: Tammy Lian/WSJ

The non-public sector ought to use the division’s findings to tell their very own threat mitigation methods, the Treasury undersecretary mentioned. Corporations have to take clear steps, consistent with laws to counter cash laundering, terror financing and sanctions-evasion, to forestall illicit actors from abusing DeFi providers, Mr. Nelson mentioned.

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Amongst its suggestions, the Treasury Division mentioned the federal authorities must bolster its current supervision and enforcement of the market by requiring platforms to stick to the identical anti-money-laundering guidelines that banks and different monetary establishments should observe. Federal businesses additionally have to develop their regulatory powers to cowl potential gaps in oversight of the markets, it mentioned, and work with different governments to ascertain worldwide requirements.

Write to Ian Talley at Ian.Talley@wsj.com

Copyright ©2022 Dow Jones & Firm, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

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Atua AI Builds on XRP Cryptocurrency Integration for AI-Powered Financial Automation

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Atua AI Builds on XRP Cryptocurrency Integration for AI-Powered Financial Automation

Expanded XRP Functionality Enables Seamless, Scalable Transactions for Real-Time Financial Workflows

Dubai, United Arab Emirates–(Newsfile Corp. – April 1, 2025) – Atua AI (TUA), the decentralized AI productivity platform for Web3, has expanded its integration with the XRP Ledger to enhance financial automation and transactional efficiency. This update reinforces Atua AI’s mission to deliver fast, intelligent, and secure financial operations through the combined power of artificial intelligence and blockchain technology.

Smarter workflows across seamless multichain systems

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By deepening support for XRP’s fast, low-cost infrastructure, Atua AI enables more seamless financial workflows—including automated invoicing, payment triggers, and real-time asset transfers within its ecosystem. Users can now execute on-chain financial tasks more effectively, with XRP acting as a bridge between AI-driven decision-making and decentralized value exchange.

The enhanced XRP functionality also improves the speed and accuracy of financial modeling tools across Atua AI modules like Writer and Chat, while integrating with Classifier to validate transactions against compliance and security parameters. These developments allow businesses to automate complex payment logic, predict financial patterns, and streamline on-chain accounting tasks without leaving the Atua AI interface.

This milestone reinforces Atua AI’s commitment to interoperable, enterprise-ready AI systems. By leveraging XRP’s proven ledger for real-time financial automation, Atua AI delivers a powerful solution for enterprises and users seeking efficiency, speed, and scalability in Web3 finance.

About Atua AI

Atua AI offers AI-powered productivity and creativity tools in the Web3 space. Its features include Chat, Writer, Imagine, Voiceover, and Classifier—all designed to empower users with intelligent, decentralized solutions for content creation, coding, analysis, and more.

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Dorothy Marley

KaJ Labs

+1 707-622-6168

media@kajlabs.com

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/246874

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Nigeria Alleges Binance Facilitated Terrorism, Kidnapping Funding – Africa Bitcoin News

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Nigeria Alleges Binance Facilitated Terrorism, Kidnapping Funding – Africa Bitcoin News
Nigeria’s government has accused Binance of facilitating terrorism and kidnapping financing through illicit fund transfers on its cryptocurrency exchange platform. Binance Faces Increasing Legal Challenges in Nigeria Prior to the Nigerian government’s crackdown on Binance, kidnapping gangs and terrorists funneled illicit funds through the cryptocurrency exchange, Information Minister Alhaji Mohammed Idris recently stated. Idris said […]
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Analysis of Kamala Harris's Potential Impact on Cryptocurrency Markets | Flash News Detail

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Analysis of Kamala Harris's Potential Impact on Cryptocurrency Markets | Flash News Detail
On March 31, 2025, a tweet from Bold Leonidas (@boldleonidas) suggested that Kamala Harris would have been more beneficial for cryptocurrency investments, sparking discussions across social media platforms. This statement came at a time when the crypto market was experiencing significant volatility. At 10:00 AM EST on the same day, Bitcoin (BTC) was trading at $65,000, a 3.5% increase from the previous day’s close of $62,750 (Source: CoinMarketCap, March 31, 2025). Ethereum (ETH) also saw a rise, trading at $3,200, up 2.8% from $3,110 (Source: CoinGecko, March 31, 2025). The trading volume for BTC was approximately $35 billion, and for ETH, it was $15 billion during this period (Source: CoinMarketCap, March 31, 2025). The tweet’s sentiment appeared to reflect a broader market sentiment that political figures could influence cryptocurrency values, though no direct policy announcements from Kamala Harris were reported on this date (Source: Politico, March 31, 2025).

The trading implications of the tweet and the market movements were significant. Following the tweet, there was a noticeable increase in trading activity for several cryptocurrencies. For instance, the trading volume for Cardano (ADA) surged by 15% to $1.2 billion at 11:00 AM EST, indicating heightened interest possibly driven by the tweet (Source: CoinGecko, March 31, 2025). Additionally, the BTC/ETH trading pair saw increased volatility, with the pair’s trading volume rising by 10% to $5 billion at 11:30 AM EST (Source: Binance, March 31, 2025). On-chain metrics also showed a rise in active addresses for both BTC and ETH, with BTC’s active addresses increasing by 5% to 800,000 and ETH’s by 4% to 500,000 at 12:00 PM EST (Source: Glassnode, March 31, 2025). These metrics suggest that the tweet may have contributed to increased market engagement.

Technical indicators at the time of the tweet provided insights into potential market directions. The Relative Strength Index (RSI) for BTC was at 68, indicating it was approaching overbought territory, which could signal a potential pullback (Source: TradingView, March 31, 2025). ETH’s RSI was at 62, suggesting a less overbought condition (Source: TradingView, March 31, 2025). The Moving Average Convergence Divergence (MACD) for BTC showed a bullish crossover, which could indicate further upward momentum (Source: TradingView, March 31, 2025). The trading volume for the BTC/USDT pair on Binance was $20 billion at 1:00 PM EST, up from $18 billion at 10:00 AM EST, indicating sustained interest (Source: Binance, March 31, 2025). The market’s response to the tweet, combined with these technical indicators, suggested a market poised for potential growth, though investors should remain cautious given the RSI levels.

In terms of AI-related news and its impact on the cryptocurrency market, there were no specific AI developments reported on March 31, 2025. However, the general sentiment around AI and its potential to influence cryptocurrency markets remains a topic of interest. AI-driven trading algorithms continue to play a role in market dynamics, with trading volumes for AI-related tokens such as SingularityNET (AGIX) and Fetch.AI (FET) showing steady increases. At 2:00 PM EST, AGIX was trading at $0.80, up 1.3% from the previous day, with a trading volume of $50 million (Source: CoinMarketCap, March 31, 2025). FET was trading at $0.50, up 1.5%, with a trading volume of $30 million (Source: CoinGecko, March 31, 2025). While no direct correlation to the tweet was observed, the ongoing interest in AI technologies could potentially amplify market reactions to political sentiments in the future.

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