Tuesday, February 27, 2024
4.8 C
London

HomeCrypto News

Crypto News

US Consumer Financial Watchdog Considers Applying EFTA to Crypto

The Consumer Financial Protection Bureau (CFPB) in the US is mulling over the application of the Electronic Fund Transfer Act (EFTA) to cryptocurrencies. This move aims to safeguard consumers from fraudulent crypto transfers amidst a surge in crypto-platform hacks. Learn more about the CFPB's...

Charles Hoskinson Addresses Controversial Hydra TPS Claims

Cardano's Charles Hoskinson responds to criticism over his Hydra TPS claims, citing source material to defend his statements and explaining Cardano's unique transaction approach. Cardano founder Charles Hoskinson faces scrutiny as his previous claims about Hydra's throughput capabilities resurface. The crypto community has questioned his...

Binance Collaborates with Thai Police and US Homeland Security to Bust Multi-Million Dollar Crypto Scam

Binance, in partnership with the Royal Thai Police and U.S. Homeland Security, has successfully dismantled a multi-million dollar crypto scam that targeted novice traders. The operation resulted in the arrest of five key members and the confiscation of assets worth THB $10 billion ($277...

OFAC Sanctions Crypto Wallets Linked to Fentanyl Production

The U.S. Office of Foreign Assets Control (OFAC) has imposed sanctions on crypto wallets associated with alleged fentanyl production networks in China. The move is part of a broader crackdown on illicit drug activities involving cryptocurrency transactions. The U.S. Department of the Treasury's Office of...

Sygnum Receives Major Payment Institution Licence (MPIL) from MAS

Swiss-Singapore crypto bank Sygnum has been granted the Major Payment Institution Licence (MPIL) by the Monetary Authority of Singapore (MAS), expanding its digital finance services. Discover how this licence allows Sygnum to operate a licensed brokerage platform for accredited investors and institutions. Swiss-Singapore crypto bank,...

CFTC Files Civil Enforcement Action Against Mosaic Exchange for Alleged Crypto Scheme

The US CFTC takes action against Mosaic Exchange, alleging a fraudulent crypto scheme that deceived investors and misappropriated funds. Commissioner calls for stronger crypto industry regulations. In a significant move targeting the cryptocurrency industry, the US Commodity Futures Trading Commission (CFTC) has initiated a civil...