Regulations in the US, Indonesia’s plans to launch its own cryptocurrency exchange, and more news in today’s roundup. The crypto industry and regulations are at a tipping point. In the United States, popular cryptocurrency exchange Coinbase has announced that it will temporarily prevent its clients from staking additional assets in four states due to ongoing […]
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The organization sent massive SMS warning of a false security problem in its online banking accounts. In Spain, the National Police have arrested seven people in an operation in which they have dismantled a network that defrauded more than 100,000 euros by posing as banking entities on the internet and laundering their earnings by buying […]
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A new study from SmartSearch reveals that dirty money is entering the crypto industry at an alarming rate. 28% of crypto companies have reported an increase in Suspicious Activity Reports (SARs) in the last six months. Financial professionals use SARs to notify law enforcement of possible money laundering or terrorist financing. Dirty money is pouring […]
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BlackRock CEO Larry Fink’s appreciation of investor demand: Gold or cryptocurrencies? Larry Fink, CEO of BlackRock, has mentioned on several occasions that investors are showing increasing interest in cryptocurrencies, especially in the context of gold. Investors who have traditionally looked to gold as a safe and stable investment are beginning to wonder if cryptocurrencies could […]
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In United States law, a security is defined as “an investment of money in a common enterprise with benefits derived solely from the efforts of others.” Many industry players argue that most cryptocurrencies do not fit the legal definition of securities in the United States and have called for new regulations or laws. The case […]
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