Euro zone states must keep fiscal spending up this year and into 2022 to protect the bloc from permanent damage caused by the coronavirus pandemic, European Central Bank President Christine Lagarde said in an online interview with the Economist Lagarde also called on European Union leaders to kick start the bloc’s 750 billion euro Next .
EUR/USD extends the series of higher highs and lows from the monthly low (1.1952), with the exchange rate breaking out of the descending channel from earlier this year.
Criminals are using a small group of cryptocurrency brokers and services to launder hundreds of millions of dollars of dirty virtual money, research shared with Reuters showed on Thursday.
Just 270 crypto addresses laundered US$1.3 billion in dirty funds last year, research shows Toggle share menu
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LONDON: Criminals are using a small group of cryptocurrency brokers and services to launder hundreds of millions of dollars of dirty virtual money, research shared with Reuters showed on Thursday.
Just 270 cryptocurrency addresses, many connected to over-the-counter brokers, received US$1.3 billion in illicit digital coins last year - some 55per cent of all criminal crypto flows identified by U.S. blockchain researcher Chainalysis.
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A cryptocurrency address is a set of random letters and numbers that represents a location on a virtual network. Bitcoin, for instance, can be sent from a particular address to others on its network.
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