HSBC and PayPal Lead Initiative on Quantum-Safe Cryptography for Secure Payments
HSBC and PayPal, alongside industry leaders, initiate a groundbreaking effort to explore quantum-safe cryptography's adoption, bolstering payment security against future cyber threats posed by quantum ... Read More
SEC Accuses Texas Crypto Mining Firm Geosyn of $5.6 Million Fraud
The U.S. Securities and Exchange Commission accuses Texas-based crypto mining firm Geosyn and its co-founders of orchestrating a $5.6 million fraud scheme, impacting over 60 investors. Learn more about the allegations and regulatory ... Read More
Cybercrime on the Rise: Coalition’s 2024 Cyber Claims Report Unveils Alarming Trends
Discover the latest insights from Coalition's 2024 Cyber Claims Report, revealing the alarming surge in cybercrime and its profound impact on the U.S. economy. Gain valuable insights into key findings, emerging trends, and proactive ... Read More
Coinbase’s Legal Battle with SEC Signifies a Pivotal Moment for U.S. Crypto Traders, Says CLO Paul Grewal
Coinbase's Chief Legal Officer, Paul Grewal, asserts that the ongoing legal battle with the SEC marks a pivotal moment for the 52 million American crypto owners. Get insights into the implications for the broader crypto ... Read More
OFAC to Utilize FinCEN Whistleblower Incentive Program for Sanctions Enforcement
OFAC signals a significant shift in enforcement strategy by referencing FinCEN’s whistleblower program, indicating a reliance on whistleblowers to uncover potential sanctions violations, highlighting escalating stakes for companies under ... Read More
EFCC Blocks Over 1,000 Bank Accounts Linked to Unauthorized FX Transactions via Binance
Nigeria's EFCC takes action against unauthorized forex transactions linked to Binance, blocking over 1,000 bank accounts. Learn more about the crackdown on financial irregularities and its impact on the Nigerian ... Read More
Urgent Alert: FBI Warns Public About Unregistered Crypto Money Services!
Stay informed with the latest FBI warning on unregistered crypto money transmitting services. Learn about the risks and regulations to protect your financial ... Read More
Russia Pioneers Crypto-Fiat Regulation with Innovative Detection System
Russia advances in cryptocurrency regulation with the introduction of a new crypto-fiat detection system, signaling a significant step towards integrating digital assets into regulated financial ... Read More
Legal Battle Unfolds: Consensys Challenges SEC’s Crypto Oversight
Consensys, the company behind MetaMask Wallet, challenges SEC's classification of Ethereum as a security, sparking a legal battle with broader implications for the crypto industry. Stay informed with ... Read More
EU’s AML Regulation Overhaul Impacts Cryptocurrency Compliance
In a noteworthy development, the European Parliament has ratified a series of laws aimed at bolstering the EU’s anti-money laundering (AML) and counter-terrorism financing efforts, bringing about significant changes for the ... Read More