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Crypto chief bids SEC farewell after 9 years of service
17.6.2024
David Hirsch has worked as an enforcement attorney for the SEC since 2015 and started his post as the chief of the crypto asset division in 2022
US Authority Seizes 70 Crypto Scam Sites Targeting Russian Community
7.6.2024
The Brooklyn District Attorney’s Office has seized 70 domains used to scam the Russian community. The scam involved deceptive Facebook ads featuring a deepfake of Tesla CEO Elon Musk. Over 20 Brooklyn residents and additional victims nationwide lost a total of $5 million. 70 Crypto Scam...
Binance and KuCoin Granted Approval by India’s Anti-Money Laundering Unit
10.5.2024
Binance and KuCoin have received approval from India's anti-money laundering unit after the two exchanges were banned for operating illegally within the country.
The post Binance and KuCoin Granted Approval by India’s Anti-Money Laundering Unit appeared first on Cryptonews
Binance obtains FIU approval for India return
10.5.2024
Besides Binance and KuCoin, several other platforms received the regulatory notice in December last year followed by a ban in January this year
Binance, KuCoin Win Registration With India's Financial Intelligence Unit
10.5.2024
KuCoin has paid a fine of $41,000 and Binance's financial penalty is still to be determined after a hearing with India's FIU
Kraken Unit CEO Predicts Hong Kong Crypto ETFs to Surpass $1 Billion AUM by 2024
3.5.2024
The CEO of CF Benchmarks predicts that crypto ETFs in Hong Kong will overcome their lackluster start and accumulate over $1 billion in AUM by the end of 2024.
The post Kraken Unit CEO Predicts Hong Kong Crypto ETFs to Surpass $1 Billion AUM by 2024 appeared first on Cryptonews
Hong Kong’s ZA Bank to Roll Out Virtual Asset Retail Services as New Regulations Approach
2.5.2024
Hong Kong’s ZA Bank, a unit of China's ZhongAn Online P&C Insurance, is reportedly exploring ways to offer virtual asset-related services after new regulations for digital assets launch in June.
The post Hong Kong’s ZA Bank to Roll Out Virtual Asset Retail Services as New Regulations...
Jack Dorsey’s Block’s Crypto Unit Under Investigation Over Compliance Practices: Report
2.5.2024
The allegations against Block include inadequate customer information collection, processing transactions involving countries under U.S. sanctions, and facilitating cryptocurrency transactions for terrorist groups.
The post Jack Dorsey’s Block’s Crypto Unit Under Investigation Over...
South Korean ministries look to upgrade status of crypto crime unit
29.4.2024
The temporary unit is reportedly being transformed into a permanent department as enforcement actions rise dramatically in South Korea
South Korea to Make Temporary Crypto Investigative Unit Permanent
29.4.2024
South Korea is taking decisive measures to combat the surge in cryptocurrency-related crimes and fraud cases by moving to establish its temporary crypto investigative unit as a permanent entity.
The post South Korea to Make Temporary Crypto Investigative Unit Permanent appeared first on Cryptonews
Binance Set to Re-Enter Indian Market With $2 Million Fine Settlement
18.4.2024
Binance and nine other foreign crypto exchanges were originally blocked in India due to non-compliance with the country’s Anti-Money Laundering (AML) regulations, but Binance is set to return after a four-month absence by paying a $2-million fine, according to The Economic Times. The Indian...
Deribit’s Dubai Unit Receives ‘Conditional’ Virtual Asset Service Provider License
3.4.2024
Deribit FZE, an entity owned by crypto derivatives platform Deribit, has secured a conditional virtual asset service provider from the Dubai virtual assets regulator. The license, which covers spot and derivative trading, will remain non-operational until Deribit meets the regulator’s localization...
Crypto Exchange Deribit's Dubai-Based Unit Wins Conditional VASP License
2.4.2024
Obtaining the full VARA spot and derivatives license is an important next step in our efforts to raise the overall quality & governance standards of our platform, exchange's new CEO Luuk Strikers told CoinDesk
Tether to Establish AI Unit, Starts Recruitment Drive
26.3.2024
The unit will focus on the development of open-source AI models and collaborate with other firms to integrate the models into products that could address real-world challenges
The Best Unit Formation And Strategy For Clearing Unicorn Overlord’s Coliseum
20.3.2024
Of all the challenging encounters players face in Vanillaware’s strategy RPG Unicorn Overlord’s s, some of the most interesting occur in its optional coliseum. Located in the city of Baumratte and unlocked by completing the “Another Prince” quest, the coliseum side activity gives players a chance...
PS5 Pro May Not Run GTA 6 At 60 Frames Per Second
20.3.2024
Details about the PS5 Pro keep leaking all over the place, with us recently learning that it’s likely targeting a holiday 2024 release window and that it will apparently feature “PlayStation Spectral Super Resolution,” whatever that is. While headlines are suggesting this is “the most powerful...
Cordial Systems Launches Cordial Treasury Naming Jump Crypto as a Client
15.3.2024
Cordial Systems, a venture-backed blockchain infrastructure company, has launched Cordial Treasury with several clients including Jump Crypto, the digital-asset unit of Jump Trading.
The post Cordial Systems Launches Cordial Treasury Naming Jump Crypto as a Client appeared first on Cryptonews
Economic Intelligence Unit: Nigerian Central Bank Lacks Capacity to Defend Local Currency
12.3.2024
The Economic Intelligence Unit has stated that the Central Bank of Nigeria cannot halt the rapid depreciation of the local currency. The continued volatility of the naira is expected to result in erratic regulation, primarily affecting businesses that hold foreign exchange. Nigeria Presses Ahead...
Crypto Exchanges Reported Over 16,000 Flagged Transactions to South Korean Authorities
14.2.2024
South Korean crypto exchanges reported over 16,000 transactions to local authorities in 2023, an increase from previous years. The Financial Intelligence Unit (FIU) released a breakdown of its efforts to tackle money laundering and other illegal financial threats involving crypto assets....
From $10M to $500K: FTX Slashes Digital Custody Unit Price in Post-Collapse Sale
13.2.2024
Now-defunct crypto exchange FTX is set to sell one of its Digital Custody Inc. (DCI) unit for a fraction of its original price. DCI, which was purchased by FTX for $10 million in August 2022, will now be sold to the token sale platform CoinList for a mere $500,000. Initially, FTX acquired DCI...