Peter Schiff’s Euro Pacific Bank Under Investigation by Tax Authorities in 5 Countries
Euro Pacific Bank, founded by gold bug and bitcoin skeptic Peter Schiff, is reportedly under investigation by the tax authorities of five countries. The bank’s customers allegedly include several...
Florida Appeals Court Reinstates Felony Charges for Unregistered Bitcoin Sale
An appellate court in the U.S. state of Florida...
International Police Collaboration Leads to Arrest of Suspect in $11 Million IOTA Theft
Following international police collaboration, a 36-year-old individual suspected of...
IMF Representative of Nigeria Calls for Caution Over the Use of Cryptocurrencies
The International Monetary Fund (IMF) resident representative for Nigeria, Ari Aisen recently discussed the Central Bank of Nigeria (CBN) directive that targets crypto entities. In remarks made during a...
Bitcoin Is Nightmare For Banks Laundering $2 Trillion Each Yr
One of many large sights to Bitcoin is its means to bypass the banking system. The likes of doom monger, Nouriel Roubini, nonetheless bash BTC in favor of a...
Japan Police: 98.3% of Money Laundering instances Don’t include Cryptocurrency
Japan’s National Police Agency (NPA) state situations of suspected money laundering apparently associated with cryptocurrency increased by 900 % in 2018 when comparing to the year that is...
Australia’s Financial Intelligence Agency Registers 246 Bitcoin Exchanges
The Australian Transaction Reports and Analysis Centre (Austrac) has now officially registered 246 cryptocurrency exchanges. Pro-regulation industry participants have described the move as a key step towards legitimizing crypto...
Authorities Dismantle Shadow Financial institution That Dealt with ‘Hundreds of Millions’ for Crypto Exchanges
An Arizona Man and an Israeli lady have been charged in reference to offering “shadow banking services” to cryptocurrency exchanges — involving thousands and thousands of {dollars}.
The 2 people...
Florida Appeals Court Defines Bitcoin as Money as Espinoza Ruling Reversed
In 2016, Judge Teresa Mary Pooler of the Eleventh Judicial Circuit of Florida made headlines for a ruling she made during the Michell Espinoza trial. Judge Pooler ruled Espinoza...
Netherlands to Regulate Cryptocurrencies in Bid to Curb Money Laundering
The Netherlands is seeking to regulate cryptocurrency companies, supposedly in a bid to prevent money laundering and alleged terrorist financing. All virtual currency businesses will now be required to...
