Federal regulators in the United States have moved against a Florida-based crypto firm and its founder, alleging they orchestrated one of the larger digital-asset Ponzi schemes uncovered in recent memory. Both the Securities and Exchange Commission(SEC) and the Commodity Futures…
A man with a checkered business history and a past money-laundering investigation in Britain has been identified as the force behind one of the largest single investments ever made into the Trump family’s cryptocurrency venture. As per a New York…
A federal judge in New York has hit pause on a civil lawsuit brought by the Commodity Futures Trading Commission(CFTC), putting the case on ice until a separate criminal prosecution over the same conduct plays out. District Judge Andrew Carter…
Every crypto transfer between South Korea’s registered exchanges will soon face Travel Rule scrutiny, regardless of how small the amount involved happens to be. The country’s Cabinet approved this change on Tuesday, amending the Enforcement Decree under the Act on…
Brazil is joining a growing list of countries cracking down on crypto-enabled fraud, with its central bank introducing rules to tackle digital asset scams. The Banco Central do Brasil announced Friday that virtual-asset providers will need to delay qualifying transfers…
In a major development, Australia’s financial crimes regulator has knocked the country’s biggest crypto ATM operator offline, suspending Cryptolink Pty Ltd’s registration for three months in the wake of concerns over anti-money laundering compliance. The suspension took effect on August…
Banks and other market players have been quietly meeting with Britain’s Financial Conduct Authority (FCA) to hash out what a regulatory framework for tokenized gold might look like. As per media reports, the discussions go well beyond basic supervision, touching…
Crypto transfers within Taiwan are about to get a lot more traceable. Starting in October, the island’s Financial Supervisory Commission(FSC) will require local virtual asset service providers to exchange identifying details on both senders and recipients whenever a single transaction…
Europe’s crypto authorisation list keeps growing as regulators work through the backlog left by July’s compliance deadline. The European Securities and Markets Authority (ESMA) added a dozen new companies to its Markets in Crypto-Assets(MiCA) register on July 31, marking the…
More money keeps leaving South Korea’s crypto ecosystem than coming back in, and the latest numbers show no sign of that changing anytime soon. According to Financial Supervisory Service(FSS) data obtained by lawmaker Lee Jong-wook and local news media report,…
