Chilean Court Rules in Favor of Closing Bank Accounts of Crypto Exchange Orionx
In a landmark judgment, the Supreme Court of Chile has ruled that state-owned Bancoestado was justified in closing the accounts of cryptocurrency exchange Orionx without explanation. The judges ruled...
Crypto Regulatory Landscape: South Korea FIU Reveals 2024 Plan For Exchanges
South Korea’s regulator, the Financial Intelligence Unit (FIU), is on the path of increasing their oversight of crypto exchanges within the country as the agency has revealed its plans...
Dutch Police Seize $33 Million in Bitcoin from Couple Accused of Money Laundering
Prosecutors from the Netherlands have seized 2,532 bitcoins worth $33 million after a couple was convicted of money laundering by the Rotterdam District Court. The man and his wife...
$1.7B Stolen in 2018 – Cryptocurrency Theft Skyrockets as Prices Dropped
According to the Q4 Cryptocurrency Anti-Money Laundering report by CipherTrace blockchain intelligence agency, criminals stole a massive $1.7 billion of cryptocurrency last year. Despite the savage bear market conditions...
Buying and Selling Property With Bitcoin Is More Complex Than It May Seem
Buying and selling property using cryptocurrency is less straightforward than was first assumed. The handful of mortgage lenders and realtors who were initially keen are now reluctant to accept...
South Korean Financial Regulator Confirms Privacy Coin Delistings- Adds New Guidelines to Report Unusual...
South Korean financial watchdogs are about to start overseeing crypto-related activities in the nation, and additional barriers for exchanges keep appearing. Moreover, one of the South Korean regulatory bodies...
US Financial Watchdog Fines Bitcoin Mixer Service for $60 Million
Larry Dean Harmon, founder and operator of early bitcoin mixing services Helix and Coin Ninja, is being fined $60 million by the U.S. Treasury’s Financial Crimes Enforcement Network (Fincen)...
