India Announces ‘Successful’ Crackdown on E-Nugget Scam — Seizes $10M in Crypto From Exchanges
India’s Enforcement Directorate has declared its multi-year crackdown on the “E-Nugget” scam in Kolkata successful. The operation has resulted in...
Regulation
South Africa’s FIC Unveils Draft Directive for Travel Rule Implementation; Crypto Industry Leader Issues Warning
The South African Financial Intelligence Centre recently issued a draft directive calling crypto-asset service providers to implement the Financial Action...
US Authorities Charge Man in Connection With $43 Million ‘Classic’ Ponzi Scheme
U.S. authorities have charged a man they accuse of operating a Ponzi scheme, which purported to invest in a cryptocurrency...
Report: 30% of UK Watchdog’s Financial Crime Experts Focused on Crypto Businesses in 2022-23
According to a report, the Financial Conduct Authority, a watchdog for the financial services industry in the U.K., had 30%...
Coin Center Warns of DOJ Overreach in Tornado Cash, Samourai Wallet Cases
The recent actions by the Department of Justice (DOJ) against non-custodial crypto wallet developers have sparked controversy and concern within...
US Lawmaker Slams SEC’s Investigation of Ethereum — Says Chair Gensler Intentionally Misled Congress
U.S. House Financial Services Committee Chairman Patrick McHenry has slammed both the U.S. Securities and Exchange Commission (SEC) and Chair...
SEC Launched Formal Investigation Into Ethereum’s Security Status Over a Year Ago, New Court Filing Shows
A new court filing claims that the U.S. Securities and Exchange Commission (SEC), led by Chair Gary Gensler, initiated a...
South African Regulator Licenses 75 Institutions as Crypto Asset Service Providers
South Africa’s Financial Sector Conduct Authority said on April 22 that it has approved 75 institutions to be licensed as...
Bank of Russia and Rosfinmonitoring Reveal Fiat-to-Crypto Tracking System Pilot
The Bank of Russia and Rosfinmonitoring revealed the existence of a ‘know your crypto customer’ system pilot, that aims to...
New UK Law Empowering Authorities to Seize and Destroy Crypto Assets Takes Effect Today
A new law enabling the National Crime Agency and police to seize, freeze, and destroy crypto assets is now in...
Standard Chartered Updates Prediction: Doubts SEC Will Approve Spot Ether ETFs in May
Standard Chartered, which was previously optimistic about the U.S. Securities and Exchange Commission (SEC) approving spot ether exchange-traded fund (ETF)...
S&P Global Report: New Legislation Could ‘Boost’ US Stablecoin Landscape
According to a report from S&P Global Ratings, the introduction of the Lummis-Gillibrand Payment Stablecoin Act on April 17, 2024,...
Thai SEC Instructed to Share Information on Unauthorized Digital Asset Platforms With Government
The Thai Securities and Exchange Commission has been instructed to share information on unauthorized digital asset service providers with the...
Three major UK banks experimenting with tokenised deposits amid ‘Britcoin’ uncertainty
Three major UK banks experimenting with tokenised deposits amid ‘Britcoin’ uncertainty - CoinJournal Don't invest unless you're prepared to lose...
New Stablecoin Bill Faces Criticism for Stifling Innovation and Breaching First Amendment
A new bill co-sponsored by Senators Cynthia Lummis and Kirsten Gillibrand, aimed at regulating stablecoins, has drawn criticism for potentially...
SEC Chair Gary Gensler’s Social Media Post Led Some to Believe He Was Resigning
U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler’s social media post expressing that “it’s been an honor to serve”...
Central Bank of Fiji Warns About Penalties For Purchasing Cryptocurrency
The Reserve Bank of Fiji, Fiji’s central bank, reminded Fijians that cryptocurrencies were not accepted as legal tender in the...
Australian Regulator Says Crypto Is a Debenture That Requires Regulation
The chairman of the Australian Securities and Investments Commission (ASIC) has said his organization views cryptocurrency as a debenture hence...
Bank of Russia Supports Cryptocurrency Usage for International Settlements
The Bank of Russia has announced that it will support accelerating the adoption of cryptocurrency payments for international settlements. According...
Australian Regulator Initiates Civil Proceedings Against Three Cryptocurrency Investment Firms
The Australian Securities Regulator has launched civil proceedings against three cryptocurrency firms. These firms are accused of convincing investors to...
IMF Urges Ukraine to Finalize Crypto Legislation, Government Official Reveals
The International Monetary Fund (IMF) has urged Ukraine to finalize its crypto legislation, the country’s Deputy Minister of Digital Transformation...
India’s Digital Rupee Expands: Non-Banks to Offer Central Bank Digital Currency Wallets
India’s central bank has announced that it will enable non-bank payment system operators to offer central bank digital currency (CBDC)...
