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Report Claims Jump Trading Under CFTC Probe for Crypto Activities


The Commodity Futures Trading Commission (CFTC) has initiated an inquiry into the cryptocurrency activities of Chicago-based Jump Trading, according to a report by Fortune’s Leo Schwartz. This investigation forms part of a larger regulatory review, though it does not suggest any wrongdoing...

Retailers in South Korea withdrawing NFT related activities


Big time players in South Korea’s retailing sector are pulling down the shutters regarding their non-fungible token (NFT) related activities. These include brands such as Hyundai and Lotte, which is withdrawing its e-commerce wing, Lotte Home Shopping, an NFT trade platform.    It has been only...

Hong Kong Regulator: Worldcoin Activities Violated Privacy Ordinance


The Hong Kong data regulator recently concluded that Worldcoin’s data collection methods and activities violated the region’s “privacy ordinance.” Privacy Commissioner Chung Liling has issued an enforcement notice requesting Worldcoin to cease data collection from Hong Kong...

Hong Kong Cracks Down on Fake Crypto Exchange Allegedly Linked to Elon Musk


The Hong Kong Securities and Futures Commission (SFC) has warned the public regarding Quantum AI, an entity allegedly engaged in fraudulent activities related to virtual assets and deceiving the public by impersonating Elon Musk. The post Hong Kong Cracks Down on Fake Crypto Exchange Allegedly...

Indonesian President Cautions Against Crypto in Money Laundering Risks


Indonesian President Joko Widodo highlights the significant risks of money laundering through crypto asset and NFT transactions, citing $8.6 billion in suspicious activities in 2021. The post Indonesian President Cautions Against Crypto in Money Laundering Risks appeared first on Cryptonews

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