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Kosovo receives guidance from Council of Europe on crypto crime tracing
25.9.2024
Kosovo’s Financial Intelligence Unit partners with the Council of Europe to improve crypto crime tracing skills and strengthen regulations on digital currencies
Animoca Brands, The Sandbox, and Smobler Launch Virtual Peace Sanctuary in Metaverse
24.9.2024
Animoca Brands, a company specializing in digital property rights and gaming, alongside The Sandbox, a decentralized virtual world, and Smobler, a metaverse architecture firm, have launched the virtual Universal Peace Sanctuary. The project, hosted in The Sandbox metaverse, aims to foster global...
FATF Urges India to Strengthen Virtual Asset Regulation
21.9.2024
India has achieved a high level of technical compliance with Financial Action Task Force (FATF) standards, addressing illicit finance, money laundering, and terrorist financing. In a joint assessment with regional bodies, the FATF praised India’s progress but pointed out areas needing...
No-Deposit Crypto Bonuses in the Metaverse: Rewarding Virtual Players
19.9.2024
The virtual world has become a big player in tech, ranging from education to gaming and, of course,…
Diablo 4 Players Have Spent $150 Million On Skins And Microtransactions
16.9.2024
Blizzard’s 2023 action RPG dungeon looter Diablo 4 has been criticized for its microtransactions and pricey skins. But apparently, that hasn’t stopped plenty of players from spending over $100 million on in-game cosmetics and other items since it launched.Read more
Enter Your Spoiler Bunker, Zelda: Echoes Of Wisdom Has Leaked Online
16.9.2024
It’s becoming a pretty set pattern at this point: Nintendo has a first-party big-name Switch title due out in a couple of weeks, then news breaks that copies of the game have already leaked online. It’s happened yet again with September 26's The Legend of Zelda: Echoes of Wisdom—a ROM of the game...
Bit2me Secures Virtual Asset Service Provider License in Argentina
15.9.2024
Bit2me, a leading Spanish crypto exchange, has secured approval as a Virtual Asset Service Provider (VASP) from Argentina’s National Securities Commission (CNV) on September 13, 2024. This authorization aligns Bit2me with local regulatory standards, providing confidence to both investors...
Onedegree, Dubai Insurance Launch Digital Asset Custodial Insurance for UAE Clients
14.9.2024
Onedegree, an Asian digital assets insurer, and its UAE partner, Dubai Insurance, have started offering digital asset custodial risk insurance to clients in the UAE. This new product, approved by the Central Bank of UAE, expands both companies’ product portfolio and offers a comprehensive...
Spanish Crypto Exchange Bit2Me Obtains License in Argentina as a Virtual Asset Service Provider
13.9.2024
The registry, launched in March by Argentina's National Securities Commission, already has 79 approvals
Hong Kong considers new licensing regime for OTC crypto trading
13.9.2024
Hong Kong's SFC is exploring new licensing regulations for OTC cryptocurrency services, seeking input from industry participants
US Treasury Sanctions Cambodian Tycoon Over Crypto Fraud and Trafficking Links
13.9.2024
The U.S. Department of the Treasury has imposed sanctions on Cambodian tycoon Ly Yong Phat and his businesses, linking them to human trafficking and forced labor scams involving cryptocurrency fraud. Victims were manipulated into online scam centers, and trafficked workers were forced into labor...
UAE regulators to allow Dubai-licensed VASPs to service entire country
11.9.2024
The agreement between UAE regulators covers the mutual supervision of crypto providers, penalty imposition, information exchange and employee training.
Regulators Partner to Bolster UAE’s Crypto Hub Status
11.9.2024
United Arab Emirates (UAE) regulators, SCA and VARA, have signed a cooperation agreement to strengthen the country’s position as a virtual assets hub. The agreement outlines licensing requirements for VASPs, establishes mutual supervision mechanisms, and aims to foster a stable and regulated...
Mansa Partners With Nigerian Blockchain Platform Bitmama to Boost Cross-Border Payments
8.9.2024
The Nigerian blockchain payment platform Bitmama has partnered with the decentralized finance platform Mansa to improve cross-border payment accessibility in Africa. This partnership aims to enhance consumer payment capabilities and support trade across borders. Mansa’s liquidity solution...
South Korean Regulator Unveils Plan to Inspect Crypto Exchanges for Illegal Practices
5.9.2024
South Korea’s financial regulator, the Financial Supervisory Service (FSS), will inspect crypto exchanges to identify illegal practices following stricter regulations under the Virtual Asset Users Protection Act. The review aims to ensure compliance and safeguard crypto assets, with severe...
China Urged to Establish Unified Crypto Regulations for Seized Digital Assets
5.9.2024
A law professor at the East China University of Political Science and Law has highlighted the urgent need for China to standardize procedures for recovering illicit digital assets due to a rise in cryptocurrency-related crimes. He stressed the lack of uniform standards complicates asset recovery...
United Texas Bank Faces Regulatory Action for AML Failures Linked to ‘Virtual Currency Customers’
4.9.2024
United Texas Bank has been issued a cease and desist order by the U.S. Federal Reserve and the Texas Department of Banking due to significant compliance deficiencies. The bank must take immediate action to rectify issues related to its anti-money laundering (AML) program and corporate governance...
Japan’s Financial Services Agency Includes Crypto in 2025 Tax Proposal
4.9.2024
The Financial Services Agency has released its tax reform requests for fiscal year 2025, highlighting the need to consider the tax treatment of virtual currency transactions as financial assets. This marks the first time virtual currencies are mentioned in such requests. Industry groups have long...
Arbitrum Stylus mainnet launch opens Web3 for traditional coders
3.9.2024
Offchain Labs introduces Arbitrum Stylus on mainnet, enabling DApp development with WebAssembly languages, boosting performance, and lowering gas fees
Arbitrum Stylus mainnet launch opens Web3 for traditional coders
3.9.2024
Offchain Labs introduces Arbitrum Stylus on mainnet, enabling DApp development with WebAssembly languages, boosting performance, and lowering gas fees