Most of the financial institutions in the EU are in early preparation stage to comply with the new anti-money laundering (AML) and countering financing of terrorism (CFT) legislation requirements and will need significant investments in technology, personnel and training to align to the new European framework until the July 2027 deadline, according to the Deloitte report Navigating the EU AML/CFT Landscape, conducted in 20 countries, including Romania.
Bitcoin’s valuation indicator showed BTC entering an “undervaluation phase” and a potential local bottom, pointing to a near-term price rebound. Key takeaways: Bitcoin's MVRV ratio dropping below its 365-day average signals a local bottom, historically preceding big price rallies. Capital rotation from gold could fuel the Bitcoin rebound, according to analysts. Read more
World’s Polymarket Mini App integration came amid prediction markets surging past 2024 records, with $2 billion in weekly trading volumes. World, OpenAI CEO Sam Altman’s digital identity project, formerly known as Worldcoin, is expanding into prediction markets by integrating Polymarket. World App, a mobile application that combines a digital wallet with World’s decentralized identity tool, World ID, has integrated the Polymarket App, the company announced on Tuesday. “World App users can download and access the new Mini App today in countries where Polymarket’s services are permitted,” the announcement said. Read more