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Singapore's Attorney-General's Office has officially established two specialized task forces, comprising approximately 20 prosecutors, tasked with addressing the crypto related crimes.

Singapore Establishes Task Forces to Assist Police in Crypto-Related Crimes

Deputy Chief Prosecutor of the Attorney-General's Chambers, Ong Shouren, told a local news outlet that law enforcement agencies are under increasing pressure to adapt and comprehen...

11 months ago

Russia’s Sber, the operator of Sberbank, says it will join the Central Bank’s digital ruble pilot, in a major coup for the nation’s CBDC.

Russian Business Titan Sber to Join Digital Ruble Pilot

Vedemosti reported that Sber’s influential CEO, the former Economy Minister Herman Gref, said his firm “will definitely” join a “second wave” of banks that wil...

11 months ago

Crypto exchanges need to obtain licenses from ASIC.

Australia Proposes Tighter Crypto Rules: Mandatory Licenses and Reviews

The Australian government is proposing licensing cryptocurrency trading platforms, along with tighter oversight of customers’ funds. A proposal released today (Monday) detailed t...

11 months ago

The co-founder and former chief executive officer of Voyager Digital Ltd. broke derivatives rules while at the helm of the crypto lender, leading to its bankruptcy and $1.7 billion in customer losses, US regulators alleged Thursday.

CFTC Sues Former CEO of Bankrupt Crypto Lender Voyager

The Commodity Futures Trading Commission filed a lawsuit against Stephen Ehrlich in US federal court in New York, claiming he and Voyager “fraudulently solicited participation in and opera...

11 months ago

WeChat operator, Tencent, announced the launch of a new digital yuan smart contract enterprise credit solution platform.

Tencent launches credit solution for digital yuan

The new platform aims to bring a more convenient and efficient financing service for small and medium-sized enterprises. The project will use the digital yuan as the payment ...

11 months ago

Beware of the El Paso Crypto Scam: Fake FBI Letters Preying on Identity Theft Fears

Texas city locals warned of crypto scam impersonating FBI

The Federal Bureau of Investigations (FBI) in El Paso has warned the city’s residents of a crypto scam that convinces targets to send cryptocurrency and other funds, under the guise that t...

11 months ago

Amicus briefs filed to support the SEC argue crypto is insignificant, only used for speculation, and captured by existing investor-protection rules.

U.S. State Regulators Intervene in Coinbase’s Unregistered Securities Case

Coinbase is fighting a potentially existential case from federal regulators who argue it operated an unregistered securities exchange. Three new legal filin...

11 months ago

Lax security practices seemed to be a feature of the former crypto trading titan.

Alameda Lost Nearly $200M to Phishing Attacks, Ex-Engineer Says

You’d expect big-name traders to ensure high levels of security and steps in place to protect against phishing attacks and hacks, both of which plague the crypto ecosystem. But n...

11 months ago

Electronic currencies have been used by terrorist groups to evade financial sanctions

Hamas terrorists were sent millions in crypto before Israel attack

Hamas and its allies were sent hundreds of millions of pounds’ worth of cryptocurrencies in the months before the terrorist group’s attacks on Israel. More than $134m ...

11 months ago

“I didn’t feel good about it,” Ellison said.

SBF's ex-girlfriend: He 'directed me' to steal billions from FTX

Caroline Ellison was one of Sam Bankman-Fried’s top deputies and his onetime romantic partner. On Tuesday she testified that Bankman-Fried "directed me" to steal billions from cu...

11 months ago