Chinese government discover $1.7B Money Laundering in Crypto
The Chinese government was able to seize a total of 130 million Chinese yuan. The probe was initiated when a local bank saw a dramatic increase in deposits.Chinese police in…
Coinbase Shares Crash to All-time Low
COIN hit a new low of $39.65 at the start of trading on this Monday. The price has fallen 60% from its all-time high of $98 in early August. Last…
Goldman Sachs Explains How to Regulate Crypto After FTX
Goldman Sachs believes regulators should focus on crypto’s trusted, centralized entities – but not the blockchain.Goldman Sachs published a research note on Friday covering blockchain technology and the recent demise…
Microsoft To acquire 4% Stake in London Stock Exchange Group
The exchange will be able to use Microsoft’s cloud and data analytics services going forward. The major stock exchange said they anticipate the agreement to boost their revenue.Microsoft, a titan…
OKCoin a Japan Crypto Exchange Lists Shiba Inu (SHIB)
SHIB would be listed on OKCoin Japan in the middle of February of next year.OKCoin Japan had dropped a Tuesday hint on the possibility of listing SHIB.OKCoin Japan, a major…
Bank of England Seeks Proof of Concept Wallet For CBDC
The Bank of England (BOE) advertised a call for proposals on the Digital Marketplace. The proof-of-concept was given a budget of £244,500 (around $244,500).Proof-of-concept for a wallet that may store…
Did Elon Musk’s Warning for Twitter Scammers affected the Fall in Crypto Bots?
Musk continues to halt Twitter scammers, and challenges Twitter bots to “attack” him. Billy Markus claims only fewer bots appeared on a test post he recently tweeted.Elon Musk, the CEO…
Russian Crypto Ponzi company Finiko’ important Member Arrested in UAE
Sabirov had been added to a worldwide wanted list in November.Marat Sabirov, one more of Finiko’s prominent representatives, is still at large.A key figure in the organization of Russia’s greatest…
European Union Regulators Sets Cap on Cash Transactions Along With Crypto Payments
On November 6th, the bloc agreed to allow cash transfers of up to €10,000 ($10,557). All forms of payment, not just cash, will be subject to the new regulations.EU member…
Brussels to draft Tough Tax Reforms For Crypto Sector
All crypto service providers will be subject to the reporting obligations. The proposal will be presented to the EU Council for review. Countries across the globe are stepping up regulations…