ChainCatcher news, Pyth announces Cables Finance as its new data provider. Cables Finance is contributing its proprietary data on cryptocurrencies and foreign exchange to help ensure the coverage of price sources for Pyth Price Feeds.

ChainCatcher news, according to CoinDesk, on Tuesday, two legislative committees of the European Parliament passed three main texts in a comprehensive anti-money laundering legislative package that also applies to cryptocurrencies. This vote followed a political agreement reached in January on the Anti-Money Laundering Regulation (AMLR), which will require crypto service providers to comply with customer verification requirements and monitor cross-border transfers and transactions involving self-custody wallets. The broader package also establishes an anti-money laundering agency (AMLA) based in Frankfurt, Germany.It is reported that on Tuesday, the Committee on Civil Liberties, Justice and Home Affairs, and the Committee on Economic and Monetary Affairs passed the Anti-Money Laundering Regulation (AMLR) with 68 votes in favor (10 votes against). Legislators voted in favor of a provisional agreement on preventing the use of the financial system for money laundering or terrorist financing purposes with 71 votes in favor (4 abstentions, 9 votes against). The mechanism proposed by the 27 EU member states was agreed upon with 74 votes in favor and 5 votes against. The three documents voted on Tuesday are crucial for the EU's fight against money laundering and will establish a single rulebook to coordinate implementation across the EU.

ChainCatcher news, according to CoinDesk, the European Parliament has approved a series of new sanctions laws that also apply to cryptocurrencies. These new rules aim to ensure the uniform application of sanctions rules across the 27 member states of the EU in response to the growing concerns over violations of EU sanctions against Russia due to its invasion of Ukraine.It is reported that the new laws establish a consistent definition of sanctions violations, including failing to freeze assets, not adhering to travel bans or arms embargoes, transferring funds to sanctioned individuals, or conducting transactions with state-owned entities of sanctioned countries.

ChainCatcher news, the Web3 developer platform Cubist has launched the wallet-as-a-service product "CubeSigner," aimed at addressing the challenge of having account keys readily available. It ensures their security. The product allows users to request signatures through revocable signing sessions instead of directly accessing the raw keys. Users will not accidentally leak their keys, and attackers cannot steal the keys because the key material is locked in secure hardware during both the generation and signing processes.

ChainCatcher news, UK lawmakers have passed a new law covering internet safety, the Online Safety Bill, which requires companies to assess the likelihood of customers encountering illegal content and children encountering harmful content, and to mitigate these potential risks. Member of the House of Lords, Stephen Parkinson, stated that the metaverse is also applicable under this bill.

ChainCatcher news, the multi-in-one financial crime effectiveness testing platform supporting cryptocurrencies, Cable, announced the completion of a $11 million Series A funding round, with investments from CRV, Stage 2 Capital, and Jump Capital.It is reported that Cable can detect financial crime regulatory violations in real-time, thereby helping to reduce financial crime and providing the transparency that banks, regulators, and consumers want and need. Its clients include fintech and cryptocurrency companies such as Tide and Ramp. The automated tools of the Cable platform can more effectively develop and serve Web3 partners and clients. (Source link)

ChainCatcher news, the crypto lending platform Celsius Network tweeted that withdrawals of allocable assets in certain custodial accounts will reopen today. Eligible users will be notified of the steps they need to take to facilitate their withdrawals.Previously, ChainCatcher reported that Celsius stated in February that eligible users could withdraw 94% of their custodial assets, while the remaining 6% would be determined by the court. (Source link)