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Task Force Pushes Biden Administration to Tighten Cryptocurrency Regulation


A public-private task force has submitted a report to the Biden administration that includes recommendations to tighten the regulation of cryptocurrencies, including bitcoin, with the aim to combat ransomware. “The cryptocurrency sector that enables ransomware crime should be more closely...

Nigerian Regulator Issues ‘Extreme Caution’ Crypto Investments Warning


Nigeria’s Economic and Financial Crimes Commission (EFCC) has become the latest body to warn of risks associated with cryptocurrency investments. In a public warning, the law enforcement agency argues that investing in cryptos “is a high-risk activity as the terrain is largely...

Gaming Giant WeMade Wants to Buy Bithumb – Report


Another South Korean gaming giant has been linked with a possible deal to take over Bithumb, one of the country’s biggest crypto exchanges. Per a report from Chosun, WeMade, the firm behind the Legend of Mir series, is the latest to express an interest in buying a stake in the crypto trading...

Russian Finance Ministry, Central Bank at Loggerheads over Crypto Tax - Report


The Russian Ministry of Finance and the nation’s Central Bank are still at odds over crypto tax laws, per a local media report. According to Interfax, an anonymous “source familiar with the talks” between the two parties, who must forge the nation’s crypto policy, “cannot agree” on a number of...

Report Claims the FBI Uses Bitcoin Mixers During BTC Forfeiture Processing


Over the last eight years, U.S. law enforcement has seized a great number of bitcoins and at one time, the Federal Bureau of Investigation (FBI) held one of the largest bitcoin wallets after the Silk Road takedown. A recently published report shows the FBI has started using cryptocurrency mixing...

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