Two OneCoin Promoters Found Dead in Mexico
Two promoters of $4 billion crypto exit scam OneCoin have been found dead in Mexico. Go to Source Powered by WPeMatico
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US Army Seeks a Cloud-Based Solution to Track Illicit Crypto Activities
The U.S. Army Criminal Investigation Division Command plans to use a web application to track and trace cryptocurrency transitions. Go to Source Powered by WPeMatico
Iran Licenses 14 Bitcoin Mining Farms, Cuts Electricity Tariff up to 47% for Miners
Iran has reportedly issued permits for 14 bitcoin mining farms and will cut up to 47% off of the electricity tariff in order to support authorized cryptocurrency mining centers. Crypto miners will soon have to register with the government. Iran Licenses More Crypto Mining Farms The Islamic Republic of Iran has reportedly issued permits for … Read more
BitGo Releases Crypto Wallet Compliance Tool for FATF’s Travel Rule
Major digital asset firm BitGo announces API support for the Financial Action Task Force’s travel rule. Go to Source Powered by WPeMatico
US Regulators Take Joint Action Against Crypto Firms’ Swaps Offering
Two related cryptocurrency firms have fallen foul of U.S. financial regulators for entering into illegal off-exchange swaps in digital assets and foreign currency. Go to Source Powered by WPeMatico
Third Crypto Co-Founder Behind $25 Million ICO Scam to Plead Guilty
Sohrab Sharma would be the 2nd co-founder behind the Centra Tech ICO scam to face prison following the conviction of Robert Farkas in June. Go to Source Powered by WPeMatico
Abra Crypto App Charged by SEC for Transactions Affecting Thousands of US Stock and ETF Purchases
Abra cryptocurrency app has been charged by two U.S. regulators: the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). The company has agreed to cease-and-desist orders as well as fines. The SEC says Abra’s employees “effected thousands of stock and ETF purchases in the U.S. to hedge the contracts.” Abra Crypto … Read more
South Korea Could Issue a Crypto Capital Gains Tax as High as 20%
Crypto taxation in South Korea could increase to 20% for capital gains. Go to Source Powered by WPeMatico
Crypto Lawyers Are in Hot Demand as the Industry Goes Mainstream, Say Experts
Crypto companies are looking for legal talent as the industry becomes more established. Go to Source Powered by WPeMatico
SEC and CFTC Fine Crypto Investment App for Offering Synthetic Assets
U.S. regulators team up to fine and halt a crypto portfolio app offering synthetic exposure to traditional assets, which was not offered to U.S. investors. Go to Source Powered by WPeMatico