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Paxos Ordered by US Officials to Freeze $19M in Crypto Tied to FTX
14.11.2022
U.S. federal law enforcement asked the crypto issuer to freeze assets associated with four ethereum addresses as investigations into FTX collapse intensifies
FTX reportedly hacked as officials flag abnormal wallet activity
12.11.2022
Wallets tied to FTX and FTX US have seen $659 million in cumulative outflows over the past 24 hours, according to Nansen
FTX Reportedly Hacked as Telegram Group Admin Comments on Possible ‘Malware’ Present in Apps, Irregular Fund Movements Registered Onchain
12.11.2022
Admins of the Telegram group of the FTX community stated that the platform had been hacked and all of the funds of the exchange seemed to be gone. FTX U.S. General Counsel Ryne Miller, who reportedly pinned the message in the group, explained he was investigating “abnormalities”...
Brussels Set to Begin Talks on EU Crypto Tax, Report Reveals
12.11.2022
The European Commission is preparing to discuss with member states the adoption of a common tax regime for crypto assets, European officials have indicated. The talks with national treasuries are expected to start next year with the aim to end the differentiated tax treatment of cryptocurrencies...
The US Government Holds Over 214,000 Bitcoin, Fed’s Stash Equates to More Than 1% of BTC’s Supply
8.11.2022
United States law enforcement officials announced on Monday that the U.S. Department of Justice (DOJ) seized “approximately 50,676.17” bitcoin from a Silk Road thief. The latest seizure adds to the cache of bitcoins the U.S. government holds today as three forfeitures during the last...
Terrorists are funding their horrible deeds with crypto: UN officials
31.10.2022
Cash and hawala remain the “predominant methods of terror financing,” according to a UN official, however, "advanced" terror organizations are turning to cryptocurrencies
US Lawmakers Probe SEC, Treasury, Federal Reserve Over Revolving Door With Crypto Industry
30.10.2022
U.S. lawmakers have raised concerns about the revolving door between financial regulators and the crypto industry. “Over 200 government officials have moved between public service and crypto firms,” the lawmakers said, adding that they include 31 Treasury Department officials and...
Argentinian Customs Officials Seize 342 Crypto Mining Rigs
26.10.2022
Customs officers in Argentina have seized a haul of 342 crypto mining rigs as the nation continues its recent crackdown on illegal miners.
The state news agency Télam reported that swoop was conducted by the General Directorate of Customs (DGA) and the nation’s tax body, the Federal Administration...
Chinese Intelligence Officers Used Bitcoin in Scheme to Undermine Investigation, US Officials Allege
24.10.2022
The two officers tried bribing a U.S. law enforcement official with $61,000 in bitcoin to help support what appears to be Huawei
OSCE Trains Uzbekistan Law Enforcement to Track and Seize Crypto, Search Dark Web
22.10.2022
The Organization for Security and Co-operation in Europe (OSCE) has set out to teach law enforcement officers in Uzbekistan how to conduct crypto and dark web investigations. The regional body recently organized a training course for employees of the country’s security agencies in Tashkent....
Observers Suspect an Aggressive Fed Rate Hike Next Month, Analyst Predicts Fed Will Pivot in December
21.10.2022
According to recent reports close to central bank officials, the U.S. Federal Reserve will likely deliver another interest rate hike by roughly 75 basis points (bps) next month. Moreover, markets are predicting another rise by three-quarters of a point, and CME’s Fedwatch Tool indicates there’s...
EU Antitrust Officials Are Worried About Competition in the Metaverse
19.10.2022
The European Commission has been targeting big tech firms for unfairly controlling online markets and will be looking in detail at the regulation of virtual online worlds
Metaverse Market Dominance Raises Competition Worries, EU Antitrust Officials Say
19.10.2022
The European Commission has been targeting big tech firms for unfairly controlling online markets and will be looking in detail at the regulation of virtual online worlds
Russian Companies Are Using Crypto in Trade Despite Lack of Regulation, Officials Admit
10.10.2022
With limited access to global finances, Russian businesses have begun settling in cryptocurrency with their partners abroad. Although these are still small-scale payments, government officials have noted their increase, which comes even before authorities have decided how to regulate these...
US Officials Charge California Resident With Using Bitcoin to Launder $5.3M in Drug Proceeds
7.10.2022
Federal officials alleged that John Khuu sold fake drugs for cryptocurrency, making over $5 million in the process
State Securities Regulators Object to Celsius’ Court Motion to Sell Stablecoins
30.9.2022
As Celsius’ bankruptcy proceedings continue, the court’s trustee William Harrington appointed an examiner on Thursday in order to review the company’s finances, according to a filing submitted on September 29. On the same day, state securities officials from Vermont and Texas...
Russia Said to Allow Crypto Mining in Regions With Hydroelectric and Nuclear Power
29.9.2022
Cryptocurrency mining should be allowed in areas with excess energy and prohibited in those that experience deficits, according to Russian officials preparing to legalize it. An expert from the crypto industry has recently marked the regions where Moscow is likely to authorize mining and the ones...
Indonesia to Tighten Crypto Regulation With Stricter Rules for Exchanges
23.9.2022
Indonesia is preparing to issue new rules to tighten the regulation of crypto exchanges. Under revised regulatory framework, two-thirds of crypto exchange directors must be Indonesian citizens residing in the country. Indonesia Plans to Tighten Crypto Regulation Indonesia is preparing to issue...
Russian officials approve use of crypto for cross-border payments: Report
22.9.2022
Deputy Finance Minister Alexei Moiseev said the policy describes "how to acquire cryptocurrency, what can be done with it" and its use in cross-border settlements
Binance Hires Big-Name Former Government Officials to Set Up Advisory Board
22.9.2022
Binance, the world’s largest crypto exchange by trading volume, has rounded up prominent former government officials to act as a global board of advisers as the company negotiates the regulatory and political minefield the crypto industry finds itself in