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Turkish Draft Law Regulating Cryptocurrencies Enters Parliament in October


The Turkish government has prepared a bill designed to implement new regulations for the country’s crypto space. The legislation, which will be filed in the parliament this fall, will introduce taxation for crypto holdings and specific capital requirements for companies operating with digital...

Unconfirmed Stablecoin Report Brings Confusion Amid Bukele’s Bitcoin Law


A Salvadorian economist has hit out at President Nayib Bukele and his younger twin brothers – after a report claimed that the Bukele family has been secretly planning the release of a stablecoin and a crypto wallet. Per El Diario de Hoy’s website ElSalvador.com, economist Tatiana Marroquín,...

Report Claims Nayib Bukele’s Regime May Issue a Salvadoran Stablecoin


According to regional reports, El Salvador’s current leadership is in the midst of developing a stablecoin backed by the U.S. dollar. Meanwhile, others believe the stablecoin idea was scrapped now that Nayib Bukele’s government chose to leverage bitcoin. Some Say the Colón-Dollar...

Hong Kong Busts Money Laundering Ring Using Tether to Wash Millions


Authorities in Hong Kong have arrested four people suspected of money laundering a total of $155 million through cryptocurrency wallets and bank accounts. The city’s customs agency said this was its first case in which virtual money had been used to launder dirty cash. Money Laundering...

Retro Game Releases Could Get Much Needed Help In Japan


Japanese copyright law can make re-releasing some old games difficult, if not impossible. A new copyright system could change that. According to Game Spark and Yomiuri Shimbun, a new copyright system has been proposed in Japan for works where the copyright holder is unclear. The plan would...

Shanghai Law Enforcement Officials, Scholars Talk Cryptocurrency


Representatives of law enforcement agencies and academia in Shanghai held a seminar devoted to cryptocurrencies, regulations, and the combating of crypto-related crime. Determining “the legal attributes of virtual currency” was among the main topics at the forum which also focused...

Police Set New UK Record Seizing £180 Million Worth of Cryptocurrency


Britain’s Metropolitan Police have seized a staggering £180 million in cryptocurrency as part of a money laundering investigation. The announcement comes just weeks after Scotland Yard confiscated £114 million in crypto, breaking the previous record. UK Police Discover £180...

Ukraine Uncovers Country’s Largest Illegal Mining Farm to Date


The Security Service of Ukraine (SBU) has located a massive coin minting facility that was illegally connected to the power grid in Vinnytsia. Law enforcement officials claim it’s the largest underground crypto mining farm they have found so far. Ukraine Seizes Thousands of Video Game...

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