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Nalezeno "Regulation": 72283

Nigeria, Rwanda Join Forces on Crypto Regulation to Counter Fraud


Rwanda and Nigeria have signed a cooperation agreement between their respective financial regulatory bodies to deepen collaboration across capital markets and digital assets. Strengthening Regional Oversight Rwanda and Nigeria have signed a cooperation agreement to deepen collaboration across...

US Treasury Hits Huione Group in Sweeping Push Against Global Cyber Fraud


The U.S. Treasury, in collaboration with Chainalisys, took action against Huione, one of the largest enablers of crypto-money laundering operations for the Prince Group, a transnational criminal organization that targeted Americans with romantic fraud scams, also known as pig butchering operations....

Law Firm Investigates Strategy as MSTR Drops 7% and STRC Crashes to $73


Rosen Law Firm announced this week that the business is investigating potential securities claims against Strategy Inc. and Executive Chairman Michael Saylor, as the company’s stock hit a 52-week low on Thursday and its flagship preferred shares collapsed to record lows. The New York-based...

Alleged ‘Pig Butchering’ Prince Group Kingpin Hu Shi Arrested in Japan


Hu Shi, linked to the Prince Group activities in Japan, was arrested on June 14 after being suspected of falsifying public records. Japanese police have linked Hu to Prince Group, an organization that managed one of the largest pig butchering scam centers in Cambodia. Cyprus National Tied To Prince...

WhiteBIT Lands MiCA License in Austria, Opens Door to 35M EU Users


WhiteBIT EU has secured a Markets in Crypto-Assets Regulation license from Austria’s Financial Market Authority, giving the exchange a regulated path into the European Economic Area. The Vienna-based entity, WB-Shield Innovations GmbH, operates under the WhiteBIT EU name. The Austrian FMA granted...

Ireland Targets Crypto Assets in New Strategy to Disrupt Illicit Cash Flows


Ireland has launched a National Risk Assessment and a 30-point action plan to combat money laundering, terrorist financing, and sophisticated financial crime. Targeting Digital Assets and Crypto Loopholes Ireland announced a sweeping crackdown on financial crime on June 18, unveiling a national...

Zimbabwe Central Bank Unit Unveils Regulatory Framework for Crypto Firms


The Financial Intelligence Unit (FIU) of the Zimbabwean central bank has mandated that all virtual asset service providers (VASPs) formally register with the regulatory body. New Legal Definitions The Reserve Bank of Zimbabwe’s Financial Intelligence Unit has issued a public mandate requiring...

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