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Nalezeno "crypto-related": 298

Banks in Mexico Pose Greater Money Laundering Risk Than Crypto Firms, Says Report

28.8.2020
Commercial banks by far pose the greatest risk of money laundering in Mexico compared to crypto-related companies, according to a new report by the country’s Financial Intelligence Unit (FIU). The study singles out what it calls the “G7 banking group”, which includes BBVA...

Cyprus SEC Blacklists 7 Investment and Crypto-Related Websites

11.8.2020
The Cyprus Securities and Exchange Commission blacklists another batch of allegedly illegal firms offering crypto and FX trading

Indians Five Times More Likely to Suffer Crypto-Related Hacks: Report

3.8.2020
People in India are five times more likely to suffer a cryptocurrency mining hack because of poor consumer awareness, according to a new security report by Microsoft. In its findings published July 29, Microsoft notes that although the number of similar attacks declined by 35% in 2019 from a year...

Crypto Scammers Steal $381 Million in 2020, While Twitter Hackers Direct Funds to Mixers

24.7.2020
Cryptocurrency related scams have taken a total of $381 million from victims so far this year. This figure makes crypto scams the largest category of cryptocurrency-related crimes so far in 2020. Chainalysis data still shows current figures are well below those seen in 2019. In 2019, scams...

Crypto Exchange Cashaa Loses 336 Bitcoin Worth $3 Million to Hackers

13.7.2020
Cryptocurrency exchange Cashaa says it has lost 336 bitcoin (worth around $3.1 million) to hackers. The London-based platform has now ceased all crypto-related transactions, including withdrawals and deposits, as investigations into the breach get underway. In a tweet on July 11, Cashaa claimed...

Ernst & Young Launches Application to Help US Crypto Investors With Tax Filings

20.6.2020
Ernst & Young (EY) has introduced a new application that helps U.S. cryptocurrency traders calculate and file their taxes with ease. The EY Cryptoprep app, a Software as a Service (SaaS) web-based crypto tax engine, helps users calculate crypto-related gains and losses that have to be reported...

Crypto-related Banking Freezes in Brazil, China + More News

15.6.2020
Source: Adobe/kirill_makarov Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Banking news A major Brazilian bank has closed the accounts of at least five companies that deal with...

Ripple Sues Youtube For Allowing Scams That Promised Returns Up to $1 Million

22.4.2020
Ripple is suing Youtube, accusing the video platform of not doing enough to eliminate crypto-related “giveaway” scams. The payment network wants to force Youtube to protect its users from such scams. Some scammers promise returns up to 5 million XRP or about $930,000 at current prices...

No Evidence of Crypto-Related Charge in Maduro Drug Cases

27.3.2020
Charges against Maduro and other Venezuelan heads don’t involve crypto directly, three different lawyers say

6 Crypto Websites Blocked by Russia’s Media Watchdog, Including Major News Outlet

9.3.2020
In what seems to be another episode in a long-running campaign, the Russian telecom regulator has restricted access to at least six websites posting content related to cryptocurrencies. Тhe forum section of Bits.media, a leading crypto news outlet, is among the internet pages that have been...

China Adopts Security Standards for Blockchain Applications in the Financial Sector

25.2.2020
Keeping the focus on blockchain development, banking authorities in China have issued a set of rules pertaining to the secure application of crypto-related technologies in the financial sphere. The new standards, the first of this kind, are to guide the work of developers and service providers...

Belgian Regulator Adds New Crypto-Related Businesses to Its Blacklist

21.2.2020
The FSMA, Belgium's financial regulatory authority, has updated its list of crypto-related websites associated with fraudulent activity

Here’s What Crypto-Related Lawsuits Can Teach Us

12.2.2020
There’s a number of different ways one can get in trouble offering, selling or promoting unregistered and non-exempt tokens or coins, says Barrington Dyer, tech attorney and shareholder at Polsinelly law firm. But the past litigations can teach us a lesson on the blockchain law in the U.S. When...

Crypto-Related Deposits Drop by Half at Metropolitan Commercial Bank

28.1.2020
Metropolitan Commercial Bank’s deposits from crypto firms have steadily declined, a sign of heightened competition in a field where the bank was once one of the only games in town

Regs Roundup: SEC Actions, Crypto Tax-Free in Korea, India’s National Blockchain Seminar

7.1.2020
In this roundup, we cover several crypto-related actions by the U.S. Securities and Exchange Commission (SEC) and the New York regulator’s crypto job posting. We also cover new Chinese laws, South Korea’s tax clarification, India’s blockchain education, the IMF working with...