UK Arrests Four Linked to M&S, Harrods Cyberattacks The UK’s National Crime Agency has recently made significant progress in combating cybercriminal activities by detaining three teenage males and one 20-year-old female in the West Midlands and London. These individuals are suspected of violating the Computer Misuse Act, engaging in blackmail, money laundering, and participating in […]
Turkey sets sights on DeFi platforms after PancakeSwap ban
Turkey Sets Sights on DeFi Platforms After PancakeSwap Ban The cryptocurrency landscape is constantly evolving, with new regulations and bans being implemented by governments worldwide. Recently, Turkey made headlines by banning the popular decentralized exchange PancakeSwap. This move has sparked concerns among DeFi platforms operating in the country, as non-custodial wallets and DEXs could also […]
New Zealand bans crypto ATMs and limits cash transfers
New Zealand Takes a Stand: Bans Crypto ATMs and Limits Cash Transfers In a bold move to curb financial crimes, New Zealand has recently implemented stringent measures to crack down on illicit fund transfers. The country’s decision to ban crypto ATMs and impose restrictions on cash transfers comes as a response to the rising concerns […]
Europol backs Spain in dismantling crypto crime ring
Europol Backs Spain in Dismantling Crypto Crime Ring Europol recently threw its weight behind Spain in a significant crackdown on a crypto crime ring that had been operating with impunity for some time. The criminal gang in question had allegedly laundered a staggering €460 million through a sophisticated network of fake companies and digital wallets. […]
Turkey tightens grip on digital assets
Turkey Tightens Grip on Digital Assets Turkey has recently implemented new regulations tightening its grip on digital assets, particularly stablecoin transfers. These regulations have introduced daily and monthly limits on stablecoin transfers within the country, marking a significant shift in the Turkish government’s approach to digital currencies. Stablecoins, a type of cryptocurrency pegged to a […]
South Korea plans slow rollout of stablecoins
South Korea Plans Slow Rollout of Stablecoins South Korea, known for its tech-savvy population and innovative approach to finance, is treading cautiously when it comes to the introduction of stablecoins. The Bank of Korea officials have expressed concerns that the widespread adoption of stablecoins could potentially disrupt financial markets and have a significant impact on […]
Washington city orders removal of crypto ATMs over rising scamsÂ
Washington City Cracks Down on Crypto ATMs to Combat Rising Scams In a bold move to curb the surge of cryptocurrency-related scams, the city of Spokane in Washington has ordered the removal of around 50 crypto ATMs within the next 60 days. This decision comes as part of a broader effort to address the increasing […]
Iran enforces crypto exchange curfew after Nobitex breach
Iran Enforces Crypto Exchange Curfew After Nobitex Breach Iran recently made headlines in the cryptocurrency world by imposing a new set of regulations on its crypto exchanges following a security breach at Nobitex. The breach has raised concerns about the vulnerability of digital assets and the need for stricter measures to safeguard investors’ funds. In […]
Crypto scandal sparks no-confidence vote in Czech Parliament
Crypto Scandal Sparks No-Confidence Vote in Czech Parliament A recent Bitcoin donation from a convicted criminal has sent shockwaves through the Czech government, sparking accusations of money laundering and leading to a vote of no confidence in Parliament. The scandal has brought to light the potential risks and challenges associated with the use of cryptocurrencies […]
Russia to crack down on illegal crypto mining
Russia to Crack Down on Illegal Crypto Mining The world of cryptocurrency mining has long been a controversial one, with debates raging on about its environmental impact, energy consumption, and legality. In the midst of this ongoing discussion, Russia has made a bold move by announcing plans to crack down on illegal crypto mining activities […]