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 […]
Germany sees spike in suspicious crypto activity
Germany Sees Spike in Suspicious Crypto Activity Germany, known for its strong economy and technological advancements, is facing a concerning trend in the world of cryptocurrency. Recent reports have highlighted a significant spike in suspicious crypto activity within the country. What is even more alarming is that most of the flagged crypto transactions involved Bitcoin […]
Switzerland to begin crypto data sharing in 2026
Switzerland to Begin Crypto Data Sharing in 2026 Switzerland, known for its strong privacy laws and banking sector, is set to enter a new era of transparency in the world of cryptocurrency. By 2026, the Swiss government plans to implement a system for sharing crypto asset information with partner countries. However, there’s a catch – […]
Democrats shift stance on GENIUS Act
Democrats Shift Stance on GENIUS Act: Senate Advances Bipartisan Deal on Stablecoin Rules In a surprising turn of events, Democrats in the Senate have shifted their stance on the GENIUS Act, leading to the advancement of the bill after reaching a bipartisan deal on new stablecoin rules. This move marks a significant shift in the […]
Hong Kong breaks up cross-border crypto laundering ring
Hong Kong Cracks Down on Cross-Border Crypto Laundering Scheme In a recent development, authorities in Hong Kong have uncovered and dismantled a sophisticated cross-border cryptocurrency laundering ring. The operation involved the use of fraudulent bank accounts to convert scam proceeds into digital currencies, highlighting the growing challenges faced by regulators in combating financial crimes in […]