Bulgarian authorities charge four individuals following raid on Nexo office: Report
Less than 48 hours after a raid on cryptocurrency lender Nexo’s offices in the Bulgarian capital of Sofia, prosecutors have reportedly charged four people.According to...
Authorities dismantle a cross-border crypto fraud network in Europe
The cross-border fraud network used call centres to defraud victims. The network operated in Germany, Serbia, Cyprus, and Bulgaria. 15 people connected to the network...
Lawyer explains new federal virtual asset law in the United Arab Emirates
The United Arab Emirates (UAE) has passed a new law that governs virtual assets, setting up the country's initial regulatory regime for the cryptocurrency space...
800 victims of ‘massive’ Bitconnect fraud to receive $17M restitution
A group of crypto fraud victims of the BitConnect investment scheme will see some respite from the multi-billion dollar fraud scheme after a court ordered...
Crypto exchange WonderFi confirms merger talks with Coinsquare
Crypto exchange WonderFi, which is backed by crypto investor and billionaire Kevin O’Leary, has confirmed it is in preliminary discussions with fellow Canadian crypto exchange...
Major media outlets demand identities of SBF’s $250M bond guarantors
Eight major media companies including Bloomberg, The Financial Times and Reuters have demanded public disclosure of the two individuals responsible for guaranteeing FTX former CEO...
Gemini and Genesis charged by SEC over unregistered securities
The United States Securities and Exchange Commission (SEC) on Jan. 12 charged cryptocurrency lending firm Genesis and crypto exchange Gemini with offering unregistered securities through...
US House Republicans plan to establish crypto-focused subcommittee: Report
Republicans in the United States House of Representatives reportedly plan to step up their oversight of the crypto industry with the creation of a new...
Nigerian crypto exchange Roqqu receives European virtual currency license
Nigerian crypto exchange Roqqu was granted a virtual currency license for the European Economic Area, after two years waiting for the permission from regulatory authorities....
BIS economists suggest improving TradFi with CBDC to attract users away from crypto
Economists at the Bank of International Settlements (BIS) took a look at the risks inherent in the crypto ecosystem and came up with a seemingly...