Crypto Value Rises 176%, Report Shows the Market Could Crash in 2022

The total value of crypto has skyrocketed 176% in 2021. The cryptos 176% surge equate to $2.14 trillion value. Report ...

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SEC Is Attacking the DeFi Sector at Once

SEC started probes on other DeFi Dapp platforms aside from Uniswap 2 week ago SEC chairman, Gary Gensler, promised a

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Criminals Behind $2M School Theft Admit Guilt: Crypto Mining Scheme Uncovered

In recent developments, two California school district officials have admitted guilty to stealing up to $1.8 million and misappropriating electricity to finance and operate a clandestine crypto-mining operation.  The United States Department of Justice (DOJ) disclosed that Jeffrey Menge, former Assistant Superintendent and Chief Business Officer of Patterson Joint Unified School District, and Eric Drabert, [...]

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Former SEC Official Warns ‘Crypto Regulatory Onslaught Will Never End’

The U.S. Securities and Exchange Commission’s former head of internet enforcement has warned that “crypto regulatory onslaught will never end.” He claimed that cryptocurrency trading platforms, like Binance and Coinbase, are simply playing “a short game of regulatory arbitrage, all carried out in an effort to make as much fiat as possible before their inevitable [...]

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South Korean city threatens to sell crypto of tax debtors

Paju city officials in South Korea targeted citizens with unpaid taxes, threatening to seize and sell their crypto assets if debts are not cleared by the end of November.

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Crypto Tax Evasion: SARS Crackdown And How To Stay Compliant

The South African Revenue Service (SARS) is stepping up its enforcement in the cryptocurrency sector, given that over 5.8 million South Africans own digital assets. Bitcoin usage is at its highest in Southern Africa and this has put SARS in a quandary as to whether taxpayers are declaring their digital assets assets and trading on […]

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Dubais crypto regulator cracks down on unlicensed firms

Dubais Virtual Assets Regulatory Authority issued fines ranging from $13,600 to $27,200 to seven entities operating without licenses or breaching marketing regulations. 

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Kazakhstan shut down 36 illegal crypto exchanges in 2024 crackdown

Kazakhstan shut down 36 illegal crypto exchanges in 2024, seizing $112 million in assets and advancing Anti-Money Laundering efforts alongside its upcoming digital tenge launch.

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Congressman Tom Emmer says SEC chair Gary Gensler is a ‘bad faith regulator’

Crypto-friendly Congressman Tom Emmer has slammed U.S. Securities and Exchange Commission (SEC) chair Gary Gensler for his approach to cryptocurrency regulation, labeling him as a “bad faith regulator.” Great interview by @laurashin with @GOPMajorityWhip! Congress is working in their districts this week and next, but expect a VERY busy last 2 weeks of April for [...]

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Crypto On The Crosshairs: A Deep Dive Into The SEC’s Crackdown on Binance, Coinbase, and The Rebirth of FTX 2.0

Recently, a seismic shift has occurred as the SEC announced lawsuits against Binance and Coinbase, two titans of the crypto world.

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US crackdown will push crypto’s ‘center of gravity’ to Hong Kong: Kaiko CEO

The U.S. government’s frosty approach to cryptocurrency regulation could ultimately see the industry’s “center of gravity” shift to Hong Kong, says Ambre Soubiran, the CEO of Paris-based institutional crypto market data provider Kaiko. The U.S. has been at the forefront of the crypto sector for quite some time, however, with the government seemingly adopting a [...]

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