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Crypto News
Hong Kong Issues Warning to Crypto Firms Regarding Usage of the “Bank” Label
The Hong Kong Monetary Authority has issued a warning to crypto firms regarding the misuse of the term "bank," underscoring that this terminology is exclusively accessible to licensed!-->…
Elon Musk avoids $258 billion Dogecoin lawsuit as investors abandon appeal
Litigation concludes when both parties consent to the dismissal of allegations and the associated sanctions against one another.
Reuters reported on Friday that a group of crypto!-->!-->!-->…
EU regulator establishes guidelines for crypto providers regarding restrictive measures
Crypto-asset service providers that conduct transfers must select a screening system that enables them to adhere to the EU's restrictive measures regimes.
The European Banking Authority!-->!-->!-->…
Elon Musk reminds Americans that taxes fund all government payments
Elon Musk argues everything the government spends comes from taxes from your salary or inflation that raises prices.
Elon Musk recently revealed that all government expenditure is taxed.!-->!-->!-->…
US Digital Chamber Requests Crypto Ownership for Federal Employees
Blockchain advocacy organizations encouraged the Ethics Office to authorize federal employees to possess modest quantities of digital assets.
The Digital Chamber of Commerce has!-->!-->!-->…
The DeFi platform Folks Finance gets $3.2 million in Series A funding at a value of $75 million
Folks Finance co-founder and CEO Benedetto Biondi informed The Block that the round increased the equity and token FDV of the company to $75 million.
Folks Finance, a cross-chain!-->!-->!-->…
Phantom Wallet advises iOS users that a recent upgrade may lock their wallets
Phantom Wallet has advised users that the most recent update may result in app resets, which could require them to enter into their accounts using their recovery phrases.
Phantom, a!-->!-->!-->…
DOJ wants $16 million in Sam Bankman-Fried international bribery Binance account
In the midst of an extensive search for $3 billion in FTX assets, US authorities target a Binance account.
A court petition dated November 12th states that the United States Department!-->!-->!-->…
Dubai’s VARA wants UAE VASPs to comply more
Dubai's VARA issued a circular requiring VASPs to follow AML/CTF.
Dubai Virtual Assets Regulatory Authority (VARA) issued a circular urging that VASPs comply with FATF's amended!-->!-->!-->…
South Korean authorities arrest $213 million crypto scamsters
The South Korean police have apprehended 215 members of a fraud organization.
The South Korean government has allegedly dismantled a cryptocurrency fraud operation that defrauded more!-->!-->!-->…