AML Bitcoin CEO Faces Up to 30 Years for Investor Deception The world of cryptocurrency has been fraught with controversy and scandal, with the latest case involving the CEO of AML Bitcoin, Marcus Andrade, facing up to 30 years in prison. A jury recently found Andrade guilty of wire fraud and money laundering, directly linked […]
Tech giants challenge Australia’s exemption for YouTube
Tech Giants Push Back Against Australia’s Exemption for YouTube Tech firms are up in arms over Australia’s decision to grant YouTube special treatment under the country’s upcoming stringent social media regulations. The exemption for YouTube, which is owned by Google, has sparked a heated debate among industry players and policymakers alike. With the regulations set […]
UK regulator sets deadline for assessing online content risks
UK Regulator Sets Deadline for Assessing Online Content Risks In a digital age where the internet plays a pivotal role in our daily lives, ensuring online safety has become a pressing concern. The United Kingdom has taken a crucial step towards this goal by setting a deadline for assessing the risks associated with online content. […]
European groups back new cybersecurity label for cloud services
European Industry Groups Advocate for Rapid Implementation of New Cybersecurity Label for Cloud Services In a digital age where data breaches and cyber attacks are becoming increasingly prevalent, ensuring the security of cloud services is paramount. Recognizing this urgency, 23 prominent European industry groups have joined forces to advocate for the swift adoption of a […]
Colombian lawmakers push for crypto regulations
Colombian Lawmakers Advocate for Crypto Regulations to Combat Financial Crimes Colombia, known for its vibrant culture and stunning landscapes, is also making waves in the world of cryptocurrency. With over five million Colombians currently involved in crypto transactions and a projected market value of $6.7 billion by 2024, the need for regulatory measures has never […]
KuCoin applies for MiCA licence to expand in Europe
KuCoin Seeks MiCA Licence to Strengthen Presence in Europe In the ever-evolving world of cryptocurrency, regulatory compliance plays a pivotal role in determining the success and longevity of digital asset service providers. As the Markets in Crypto-Assets (MiCA) framework takes shape to create a more harmonized regulatory environment across the European Economic Area (EEA), KuCoin […]
Kraken prepares for return to the Indian market
Kraken’s Strategic Moves to Re-Enter the Lucrative Indian Market Kraken, a prominent player in the cryptocurrency exchange industry, is gearing up for a significant comeback in the Indian market. This move comes after India’s Financial Intelligence Unit blacklisted Kraken and eight other exchanges due to non-compliance with Anti-Money Laundering (AML) laws. Despite this setback, Kraken […]
Binance restores US dollar services after 18-month freeze
Binance Restores US Dollar Services After 18-Month Freeze In a significant development for the cryptocurrency world, Binance has recently announced the restoration of its US dollar services after an 18-month freeze. This move comes as a relief for many users and investors who have been eagerly awaiting the resumption of these services since they were […]
Cryptocurrencies gain traction in Hong Kong schemes
Cryptocurrencies Gain Traction in Hong Kong Schemes The world of cryptocurrencies is expanding its reach into unconventional territories, with Bitcoin and ether making waves in Hong Kong’s residency-by-investment program. Officials have confirmed that these digital assets have been successfully used to demonstrate wealth as part of the scheme, signaling a significant shift in the perception […]
Google’s India policy head resigns amid market challenges
Google’s India Policy Head Resigns Amid Market Challenges Google, one of the world’s leading tech giants, is facing a significant setback in one of its key markets – India. The company has recently bid farewell to its top public policy executive in India for the second time in two years. This resignation comes at a […]