Europol Dismantles Vitae Ponzi Scheme, Recovers €2.5 Million
Europol has successfully dismantled a sophisticated Ponzi scheme operated through the Vitae platform, a privacy-focused social network. The covert investigation led to the
Crypto News
Crypto News
Huobi Bans Chinese Customers Amid Stricter Crypto Regulations
The Seychelles-based cryptocurrency exchange Huobi, once a pioneer in China’s crypto landscape, has updated its Terms of Service (ToS) to ban Chinese residents
Crypto News
Bitcoin Drops 42.93%: What’s Behind the Decreasing Balances on Crypto Exchanges?
The value of Bitcoin (BTC) has dropped 42.93% since March 29, 2021, marking a significant downturn in the cryptocurrency market. Alongside this price
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Indian Banks Halt Crypto Services Despite RBI’s Clarification
Despite the Reserve Bank of India’s (RBI) clarification that its 2018 circular banning cryptocurrency transactions is no longer valid, several Indian banks continue
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FCA Bans Binance from Operating in the UK Amid Regulatory Crackdown
The Financial Conduct Authority (FCA), the UK’s financial regulator, has banned Binance, one of the world’s largest cryptocurrency exchanges, from offering specific services
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CME Achieves Milestone with Over 1 Million Micro-Bitcoin Futures Traded
The Chicago Mercantile Exchange (CME) Group has achieved a significant milestone in the cryptocurrency market. With over 1 million micro-bitcoin futures contracts traded,
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FSCA Moves to Regulate Crypto Assets After Africrypt Scam
The Financial Services Conduct Authority (FSCA) of South Africa is considering declaring crypto assets a financial product following the massive Africrypt scam, which
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MiCA Law Draft: European Crypto Regulations Take Shape
The Markets in Crypto-Assets Regulation (MiCA) draft is set to reshape the regulatory landscape for cryptocurrencies in the European Union (EU). With new
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Citi Group Establishes Digital Assets Group to Expand Cryptocurrency Access
In a significant move to embrace the cryptocurrency market, Citi Group has announced the formation of a Digital Assets Group within its Wealth
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South Korea Cracks Down on Tax Evasion: $47M in Cryptocurrency Seized
In a historic crackdown on tax evasion, South Korean authorities have confiscated over 53 billion Korean won ($47 million) worth of cryptocurrency. This