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Iran Shuts Down Over 8,000 Illegal Crypto Mining Farms in 3 Years
10.5.2023
Authorities in Iran have closed down more than 8,000 underground facilities for cryptocurrency mining in the past three years, local media reported. Despite the government’s crackdown, illegal crypto mining continues to account for a serious amount of energy consumption, official figures suggest....
Hong Kong to Have Tight Crypto Regulations, Head of Monetary Authority Says
10.5.2023
Companies attracted by the plan to turn Hong Kong into a hub for digital assets should expect strict regulations, the region has indicated. Authorities are preparing new licensing rules for service providers working with cryptocurrencies and guidelines for banks interacting with crypto firms....
US Authorities Extradite UK Citizen Behind 2020 Twitter Hack, SIM Swap Crypto Theft
10.5.2023
Twenty-three-year-old Joseph O’Connor, known by his handle PlugWalkJoe, was arrested in Spain in 2021
FTX Founder Bankman-Fried Seeks Dismissal of Charges Filed After Extradition
9.5.2023
Former CEO of crypto exchange FTX, Sam Bankman-Fried, has asked a judge in the U.S. to dismiss several charges against him filed after his extradition from the Bahamas. His lawyers insist that prosecutors have not obtained consent from Bahamian authorities for the additional counts. FTX’s...
South Korea Authorities Investigate Lawmaker Over Suspicious Crypto Transfers: Report
8.5.2023
Democratic Party lawmaker Kim Nam-kuk had reportedly co-sponsored a bill seeking to defer taxation on crypto profits
Today in Crypto: Authorities Seize Domains of 9 Crypto Exchanges, US 30% Mining Tax Proposal Enters Budget, UK to Ban Cold Calls Selling Crypto, YouTuber Served on Twitter
3.5.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Authorities Seize Domains of 9 Crypto Exchanges, US 30% Mining Tax Proposal Enters Budget, UK to Ban Cold...
Iran Sets Up Platform to Facilitate Crypto Payments for Imports
3.5.2023
Authorities in Iran are taking steps to make crypto payments easier for companies importing goods in the sanctioned country. A dedicated platform has been established to allow local businesses to transfer cryptocurrency for the purpose of cross-border settlements. Iran to Use Cryptocurrencies...
Poloniex will pay $7.6M settlement to US authorities for 'apparent violations' of sanctions
1.5.2023
OFAC said Poloniex allowed users in Crimea, Cuba, Iran, Sudan, and Syria to conduct digital asset trades, deposits, and withdrawals between January 2014 and November 2019
‘Evil Crypto’ Can Be Used in Foreign Trade, Russia’s Deputy Finance Minister Says
1.5.2023
Cryptocurrency may be bad for investors but it can be useful in international settlements, according to a top government official in Moscow. Russian authorities intend to set up a special committee that would issue permits to operators employing crypto in foreign trade transactions, he indicated....
Hong Kong authorities remind banks not to be too hasty in rejecting digital asset clients
27.4.2023
Increasing familiarity with virtual assets clients will make Anti-Money Laundering measures easier with time, and the firms should be treated reasonably, the HKMA says
Fugitive Crypto Exchange Founder Faruk Ozer Extradited to Turkey
21.4.2023
Albania has extradited the founder of Turkish cryptocurrency exchange Thodex to his home country where he is charged with defrauding investors. The crypto entrepreneur disappeared after his trading platform unexpectedly went offline in the spring of 2021 and was arrested last year by Albanian...
Brazilian authorities investigate Binance for guiding clients past stop order: Report
20.4.2023
The Brazilian SEC has reportedly turned over screenshots from Binance's Brazilian website with instructions for evading a stop placed on futures trading on the site
OpenAI has until April 30 to comply with EU laws, ‘next to impossible’ say experts
19.4.2023
Italian regulators say ChatGPT must meet local and GDPR privacy regulations by April 30, but AI experts say the model's architecture makes such compliance almost impossible
Police in Kosovo Seize Crypto Mining Rigs From Serbs
16.4.2023
Kosovo police have seized dozens of crypto mining devices from residents of a majority Serb region in the north of the country. Authorities in Pristina and Belgrade exchanged accusations over the move, which has the potential to raise tensions in the ethnically divided, partially recognized Balkan...
San Francisco authorities make arrest in stabbing of Cash App creator Bob Lee
13.4.2023
Police chief Bill Scott said there was evidence that the suspect and Bob Lee knew each other but did not comment on the possible motive of the attack
Today in Crypto: US Authorities Crack a $3.4 Billion Silk Road Heist Case, Striga Launches Program for Entities to Issue Crypto Cards, Push Protocol Reveals ‘Wallet-to-Wallet’ Video Chat
13.4.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: US Authorities Crack a $3.4 Billion Silk Road Heist Case, Striga Launches Program for Entities to Issue...
China Fines Bitmain $3.6 Million for Tax Violations, Report
13.4.2023
Chinese authorities have fined leading crypto mining hardware manufacturer Bitmain for tax-related violations, local media reported. The penalty comes amid increasing tax checks in the digital asset sector, according to information from the crypto community. Bitmain Fined for Failing to Pay Income...
Chinese authorities to enforce security reviews for AI services
11.4.2023
China intends to introduce a new security review mandate for all generative AI services prior to operation as new chatbots like ChatGPT continue to surface
Russian Law Enforcement Prepares to Seize Crypto Assets, Seeks Permission to Set Up Wallets
9.4.2023
Russian investigators are pressing the parliament and government in Moscow for permission to open their own cryptocurrency wallets. This would allow law enforcement agencies to seize digital assets during criminal cases and eventually sell them, something that authorities in the United States...
Crypto Exchanges Must Share User Data With Russia, Prosecutor General Demands
9.4.2023
Digital asset exchanges must be obliged to provide user information to Russia’s law enforcement agencies, the country’s Prosecutor General has insisted. The circulation of cryptocurrencies in the Russian Federation needs to be regulated to counter money laundering, the official added....