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Binance Has Not Complied With 86% of Israel’s Account Block Requests

Binance, one of the largest crypto exchanges, has disclosed that it does not automatically comply with account blockages imposed by Israeli authorities. According to reports, the exchange failed to comply…

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Latam Insights: Bukele Offers Bitcoin Advice to Argentina, Uruguay Passes Crypto Law

Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the past week. In this issue, El Salvador’s President Nayib Bukele meets with President…

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IMF Urges El Salvador to Tighten Bitcoin Law and Strengthen Oversight

The International Monetary Fund (IMF) has advised El Salvador to narrow the scope of its bitcoin law, strengthen regulation and oversight of the cryptocurrency, and limit public sector exposure. The…

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Crypto Fraud Ring Dismantled by Vietnamese Authorities

Vietnamese authorities have reportedly dismantled a cross-border fraud ring involved in romance scams and fraudulent cryptocurrency schemes. Led by foreign criminals, the group operated from Laos and defrauded victims of…

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UAE Introduces Retroactive VAT Exemptions for Crypto Transactions

The United Arab Emirates has introduced VAT amendments that impact crypto transactions, redefining tax obligations for companies in the digital asset space. Under the new rules, businesses dealing with cryptocurrencies…

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Australian Police Seize $9.3M in Crypto, Bust Mastermind Behind Ghost Platform

The Australian Federal Police have taken a major step against organized crime by seizing $9.3 million in cryptocurrency. The operation uncovered a secret encrypted communication platform, Ghost, leading to the…

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Experts Fear Cryptocurrency Outflows May Affect Exchange Rates in Brazil

Analysts believe that, in the future, outflows derived from cryptocurrency purchases could affect the domestic exchange rate in Brazil. The Central Bank of Brazil indicates that crypto assets and recreational…

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US Targets Lazarus Group and APT38 in $879M Crypto Forfeiture Complaint

Offshore Alert reporter David Marchant disclosed the United States has initiated two forfeiture complaints related to previously confiscated bitcoin (BTC) and tether (USDT), alleging that these funds were snatched by…

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Down from the Peaks: Bitcoin Nears Record High While Altcoins Face Uphill Battle

As of today, Oct. 6, 2024, the countdown to the end of the year continues, with just 87 days left. Bitcoin (BTC) is holding strong at just over $62,000, although…

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Lego’s Website Hacked to Promote ‘Lego Coin’ Crypto Scam

Lego’s website was hacked to display an unauthorized cryptocurrency ad promoting a fake “Lego coin.” The ad encouraged site visitors to purchase the fake crypto, promising them secret rewards and…

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