Regulation — Page 109

When it comes to money laundering, cash is still the preferred asset of choice by criminals.

Attending face-to-face crypto investment briefings could expose citizens to fraud risks as well as the of becoming infected with Covid-19.

Authorities raided Bihumb as part of its ongoing investigations in connection with the BXA token sale.

Known as Switzerland's Crypto Valley, the canton of Zug plans to accept Bitcoin and Ether as tas payment next year.

The DOJ has filed a civil forfeiture complaint to recover stolen cryptocurrency.

Russian authorities blocked the domain of a popular site that contained information about Bitcoin.

Brazil's crypto market has posted double-digit growth in the last three years.

South Korean authorities seize Coinbit's headquarters as the exchange is investigated for wash trading.

The FCA released a proposal to include more firms in the annual financial crimes reporting.

The Ontario Securities Commission mandated Bitmex said that Bitmex is not registered or recognized in Ontario.

Iran shut down more than a thousand unlicensed crypto firms that were identified with the help of whistleblowers.

South Africa's financial regulator starts investigations into cryptocurrency firm MTI for operating without the proper license requirements.

Alabama and Texas issued cease and desist order to three South African companies suspected of running a cryptocurrency card scam.

Two cryptocurrency miners were arrested by Bulgarian authorities for illegally siphoning electricity to their mining farms.

A hacker who stole 100,000 XRP was sentenced to jail for a maximum of two years and three months.

More than a dozen cryptocurrency ATMs were shutdown by Germany.

The SEC wants a blockchain tool that can help it analyze smart contracts as well as cryptocurrency transactions.

Seventeen-year-old Graham Clark, who is accused of the Twitter hack on July 15, owns 300 BTC.

While Chinese authorities have already arrested the leaders and core members of the cryptocurrency scam, the stolen funds have not yet been recovered.

Russia's new cryptocurrency law will take into effect starting January 1, 2021.

The Bangko Sentral ng Pilipinas formed a committee to study the possibility of issuing its CBDC.

Meconcash aims to become the first FATF compliant blockchain firm in South Korea with its partnership with crypto intelligence firm CipherTrace.

The South Korean Parliament will decide on the 20 percent crypto tax proposed by the government.

The Office of the Comptroller of the Currency is allowing banks to open accounts for crypto-related businesses and offer cryptocurrency custodial services to its clients.

The U.K. government wants increased oversight on cryptocurrency promotions and proposed to have the FCA handle the matter.

Coinsquare is accused of misleading its clients by artificially inflating its trading volumes by wash trading.

A bill that will impose taxes on cryptocurrency profits is now being forwarded to the South Korean parliament.

A prominent member of the Chinese crypto community is being held by the police as part of the investigations.

The UK's High Court ordered the closure of crypto exchange GPay, formerly known as Cryptopoint, for scamming traders.

South Korea's Finance Ministry will unveil a new tax system in July, which will include the taxation of cryptocurrency transactions.

Cryptocurrency firms in India remain optimistic despite rumors that the government might be planning to ban cryptos in the country.

Estonia is cleaning up its cryptocurrency industry by recently revoking 500 licenses of crypto firms.

Russia's Ministry of Economic Development criticized a proposed bill that seeks to totally ban cryptocurrency use in the country.

China's new civil code, which takes effect next year, recognizes cryptocurrencies as part of an inheritance.

A recent report claimed that the government is planning to introduce a law that will ban cryptocurrencies.

Chinese police close thousands of bank accounts of cryptocurrency traders as authorities ramped up efforts against illicit activities.

Investors of the South African crypto firm VaultAge Solution fear that its founder might have scammed them.

Malta’s futuristic “Blockchain Island” is facing a setback.

Campaign group Positive Money is calling central banks to issue digital currencies.

Fintech Monzo has applied for a U.S. banking license.