South Korea arrests 23 over USDT laundering for Cambodian fraud network
South Korean authorities have dismantled an alleged cryptocurrency laundering operation that moved 16.8 billion won ($11.1 million) through $USDT transactions…
Category: Legal
IMF: Nigeria’s Stablecoin Surge Strains Monetary Policy as Naira Weakens
The International Monetary Fund (IMF) has raised concerns that Nigeria’s rapid adoption of dollar-pegged stablecoins is testing the limits of…
Lummis Links Bitcoin to US Debt Crisis as CLARITY Act Advances
Senator Cynthia Lummis is connecting two of Washington’s biggest conversations. America’s debt crisis and digital asset regulation and arguing that…
Coinbase CEO Calls Accredited Investor Rules a Regressive Tax
Coinbase CEO Brian Armstrong is aiming at one of the most entrenched frameworks in American finance, and he’s not holding…
Why Circle Believes The CLARITY Act Is Already Winning?
The battle over crypto regulation in Washington continues to intensify. While some major financial institutions remain cautious about digital assets,…
Congress proposes DOJ crypto theft task force a year after NCET shutdown
Congress has proposed a new Justice Department task force focused on cryptocurrency theft after the FBI received 181,565 crypto-related complaints…
India’s ED files charges in $20M Coinbase spoofing case
The Enforcement Directorate has filed a prosecution complaint in a cryptocurrency fraud case involving more than $20 million in stolen…
MiCA Regulation Reshapes the European Crypto Market: July 1 Deadline
Europe’s cryptocurrency regulatory body, MiCA, is putting many crypto companies in a difficult position as its temporary permit expires on…
Tennessee Moves to Ban Cryptocurrency ATMs Over Fraud Concerns
Tennessee is set to become the second state in the United States to prohibit cryptocurrency ATMs after Governor Bill Lee…
Russian to admit USDC, other stablecoins into its regulated crypto market
Russia is going to add Circle’s $USDC to a list of cryptocurrencies approved for trading, which already includes Tether’s $USDT…