Ripple Move to UK or Singapore Possible After Garlinghouse Praises Both Regulatory Authorities
Ripple CEO Brad Garlinghouse pays tribute to the UK’s Financial Conduct Authority, as well as the Monetary Authority
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Authorities Arrest 20 Suspected of Ties to Russian Rapper’s Alleged Money Laundering Syndicate
European, American and Australian law enforcement said Thursday they have arrested 20 suspected members of QQAAZZ, the shadowy criminal money-laundering organization whose sloppy bitcoin tumbling tactics led to the March arrest of Russian rapper Maksim Boiko.This is a developing story. Source
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U.S. Authorities Accused of Stunning Hypocrisy Over BitMEX Charges
The U.S. Commodities and Futures Commission (CFTC), in conjunction with the Federal Bureau of Investigation (FBI), has charged
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Authorities in Iran Allow Power Plants to Mine Bitcoin and Other Cryptos
Power plants in Iran can mine Bitcoin (BTC) but they do not have access to the subsidized fuel in this case.The government in Iran has permitted power plants to mining Bitcoin (BTC) and other cryptocurrencies. The approval comes with a twist. The power plants that want to mine Bitcoin in
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Iranian Authorities Greenlight Power Plants Mining Bitcoin
Iran has announced that it will now allow industrial-scale power plants in the country to operate as Bitcoin miners —- provided they don’t use subsidized fuel.In a statement to the Islamic Republic News Agency (IRNA) on July 27, Mostafa Rajabi Mashhadi, a Deputy Managing Director at Tavanir, Iran's Power Generation,
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U.K. Authorities Seek to Regulate Bitcoin Related Adverts
Her Majesty’s Treasury (HMT), in collaboration with the government of the United Kingdom, has put up a proposal that seeks to give the country’s financial watchdog, the Financial Conduct Authority (FCA), the power to regulate some crypto-related advertisements in the region. The primary objective of the move is to promote
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Venezuelan Authorities Seize Over 300 Bitcoin Mining Machines
The Bolivarian National Guard of Puerto Ordaz, Venezuela, seized 315 Bitcoin (BTC) mining machines manufactured by Bitmain. The owners of the mining rigs were told that they did not possess the necessary permits to own and operate the machines. They also were not authorized to be transporting the machines during
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Authorities Take Down Biggest Criminal Chat Network Yet
Law enforcement authorities throughout Europe arrested over 800 individuals that allegedly were using an encrypted chat network to coordinate their illicit activities.60,000 membersEncroChat was using modified Android devices to provide its users “worry free secure communications”. BBC reports that EncoChat has about 60,000 users:“An estimated 60,000 people, among them up
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International Authorities Work Together to Take Down Crypto-Funded Child Porn Ring
The Spanish Civil Guard has taken down a dark web child porn ring that used cryptocurrency transactions to pay for content. Multiple individuals across the country were ultimately arrested.According to the Spanish Civil Guard, the “Jekyll” operation captured three people involved in the “Welcome 2 Video” platform, thanks in part
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NZ Authorities Seize $90M From Alleged Bitcoin Launderer Alexander Vinnik
New Zealand police have recovered $90 million connected to the case against suspected Bitcoin money launderer Alexander Vinnik.According to Jared Savage at the New Zealand Herald, the police Asset Recovery Unit have frozen roughly 140 million NZD ($90 million) controlled by a company in connection to the investigation of Vinnik. Police
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