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Swan Bitcoin to Block Accounts Interacting with Coin Mixing Services


Source: iStock Swan Bitcoin, a California-based Bitcoin services platform, announced recently that it would terminate accounts of users directly interacting with mixing services. In a statement released over the weekend, Bitcoin-only accumulation platform Swan issued a warning to users engaging...

Slowmist Warns About Fake Journalists Orchestrating Crypto Thefts


Source: AdobeStock / Sergey Nivens Security firm SlowMist has issued a warning about a wave of crypto thefts orchestrated by fake journalists.  In a recent Medium post, the company said the first instance of this malicious campaign was reported on October 14 when a Twitter user named Masiwei...

Crypto.com’s Dubai’s Subsidiary Secures License from VARA


Source: Pixabay/Jan Vasek Singapore-based Crypto.com’s subsidiary has secured a Virtual Assets Service Provider (VASP) License from Dubai’s regulator for specified crypto service activities. CRO DAX Middle East, the exchange’s Dubai arm, received the license from Dubai’s Virtual Assets Regulatory...

Crypto.com granted Dubai crypto license


The license is pending operational approval and allows Crypto.com’s Dubai entity to offer exchange, broker-dealer, and lending and borrowing services

Swan Bitcoin to Terminate Accounts Interacting With Bitcoin Mixing Services


Swan Bitcoin, a bitcoin exchange platform, announced recently that it would terminate accounts of users directly interacting with mixing services. The company explained that this was due to the pressure from banking institutions after the Financial Crimes Enforcement Network (FinCEN) presented...

South Korean High Court Sentences Crypto Scammer to 9 Years in Jail


Source: kwanchaift/Adobe A branch of the South Korean High Court has jailed a convicted crypto scammer who operated a bogus token trading platform for nine and a half years. Per Seoul Kyungjae, the case was heard at the Busan High Court (Ulsan Tribunal) on November 12. The scammer, unnamed...

CVM Chief: Brazilian CBDC Drex to ‘Kill’ Many Cryptocurrencies


João Pedro Nascimento, president of the Brazilian Securities and Exchange Commission (CVM), believes that drex, the Brazilian central bank digital currency (CBDC), will “kill” many cryptocurrencies. While established cryptocurrencies like bitcoin and ethereum will keep being used in...

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