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Ghana Central Bank Reiterates Warning Against Practice of Pricing Goods in Forex

Ghana Central Bank Reiterates Warning Against Practice of Pricing Goods in ForexThe Bank of Ghana has warned businesses and the public against the practice of demanding or making payments in foreign currency without its authorization. The central bank’s warning comes just over a month after Ghana’s currency was rated the worst performing among Africa’s top currencies. Violators Face Possible Prison Time The Ghanaian central bank has […]

Russia Cautious on Tokenizing Real-World Assets

Feds Seize $34 Million in Crypto From Unidentified Florida Man

Feds Seize  Million in Crypto From Unidentified Florida ManOn April 4, 2022, the Department of Justice (DOJ) and the U.S. Attorney’s Office of South Florida revealed that law enforcement seized $34 million in crypto assets from an unidentified man living in Florida. According to the DOJ, the man allegedly conducted more than 100,000 sales on darknet markets, selling online account information tied to […]

Russia Cautious on Tokenizing Real-World Assets

Chinese Authorities Arrest Alleged Masterminds Behind an Online Virtual Currency Pyramid Scheme

Chinese Authorities Arrest Alleged Masterminds Behind an Online Virtual Currency Pyramid SchemeAuthorities in China recently announced the arrest of ten suspects they say are behind an online pyramid platform that is thought to have stolen millions of dollars from unsuspecting users. The suspects are accused of using the promise of high returns and a regular income to lure more victims. A ‘Unicorn in the Field of […]

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‘Ecstasy Kingpin’ From Brockton Forfeits $2.3M in Bitcoin to Massachusetts Law Enforcement

‘Ecstasy Kingpin’ From Brockton Forfeits .3M in Bitcoin to Massachusetts Law EnforcementA man from Brockton, Massachusetts was sentenced to eight years in prison and forced to forfeit 59 bitcoin worth $2.3 million, after he was caught selling Xanax, ecstasy, and ketamine on the deep web. Massachusetts U.S. Attorney Rachael Rollins stressed during the announcement that the government has entered the cyber world, and she insists they […]

Russia Cautious on Tokenizing Real-World Assets

Ukraine’s Cyberpolice Force Starts Accepting Cryptocurrency Donations

Ukraine’s Cyberpolice Force Starts Accepting Cryptocurrency DonationsAs Ukraine is increasingly relying on crypto donations, its Cyberpolice force has also decided to seek help from the crypto community in the country and abroad. The unit now takes various cryptocurrencies to support law enforcement agencies and acquire essential supplies. Cyberpolice Ukraine’s Latest Government Body to Solicit Crypto Donations The Cyberpolice department of the […]

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Russia Takes Down 4 Carding Sites With Over $260 Million in Crypto Turnover

Russia Takes Down 4 Carding Sites With Over 0 Million in Crypto TurnoverLaw enforcement in Russia has blocked major sites on the dark web, including a carding market leader. The platforms have been seized amid ongoing investigations into hacking groups, with Russian authorities ramping up efforts to dismantle the cybercrime rings and detain their members. Interior Ministry of Russia Hits Stolen Credit Cards Market The Ministry of […]

Russia Cautious on Tokenizing Real-World Assets

Ministries Queried About Missing 200,000 Bitcoins as Bulgaria Explores Crypto Payments

Ministries Queried About Missing 200,000 Bitcoins as Bulgaria Explores Crypto PaymentsThe recently elected government of Bulgaria has found itself in the position of answering questions about the fate of billions of dollars’ worth of cryptocurrency reportedly confiscated by the country’s law enforcement five years ago. Meanwhile, the new finance minister has revealed that authorities in Sofia are now exploring options to implement a crypto payment […]

Russia Cautious on Tokenizing Real-World Assets

Crypto Ban Proposed by Bank of Russia Met With Opposition in Parliament, Government

Crypto Ban Proposed by Bank of Russia Met With Opposition in Parliament, GovernmentThe central bank’s push for a restrictive policy regarding cryptocurrencies is not gaining support among members of the Russian government, legislature, or law enforcement. A blanket crypto ban, as proposed by the bank, would make a laughingstock of Russia, lawmakers have warned. Bank of Russia’s Hardline Stance on Crypto Rejected by Other Russian Institutions The […]

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Lawyer Accuses Huobi of Operating a Cryptocurrency Exchange That’s ‘Held Accountable Nowhere’

Lawyer Accuses Huobi of Operating a Cryptocurrency Exchange That’s ‘Held Accountable Nowhere’Houbi Global, which is based in Seychelles, has been accused by lawyer Jonathan Levy of operating without accountability to any jurisdiction. The lawyer adds that the exchange’s physical address in the island nation is for mailing purposes only. Accountability Issues U.S.-based lawyer Jonathan Levy has accused Huobi cryptocurrency exchange of running a decentralized global operation […]

Russia Cautious on Tokenizing Real-World Assets