Crypto-related enforcement actions by US states rose sharply in 2022: Report
There were almost twice as many state actions as federal in 2022, although both the feds and the states broke previous record by significant margins.
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Airtm Winds Down Cryptocurrency Trading, Exchanges All Funds to Native Stablecoin
Airtm, a Latam popular cryptocurrency exchange and wallet, has announced it is winding down cryptocurrency trading and custody in its platform. The company stated that starting Jan. 4, 2023, all…
Gate.io closer to launching US services after receiving local licenses
Gate US said it obtained licenses to operate in “several” U.S. states along with a money service business license from FinCEN leading up to its local launch.
US regulator to seek feedback on DeFi’s impact on financial crime
A “close look” is being taken at money laundering and terror financing laws by FinCEN as it asked banking sector players for feedback on DeFi’s crime risks.
‘Twitter will do lots of dumb things’ in the coming months: Elon Musk
Twitter's new owner says they'll be throwing a heap of new ideas at the platform over the coming months.
Report: US Department of Justice Files $60 Million Lawsuit Against Bitcoin Mixer Operator
The United States Department of Justice recently filed a lawsuit to recover $60 million that was imposed on Larry Harmon, the operator of a bitcoin mixing service targeted by U.S.…
US Treasury Charges Bittrex With Sanctions Violations, Crypto Exchange Agrees to Settle With Regulator
On October 11, the U.S. Treasury department’s Financial Crimes Enforcement Network (FinCEN) and the Office of Foreign Assets Control (OFAC) announced that it has settled charges with the cryptocurrency exchange…
Bitcoiner sentenced to federal prison warns users involved in OTC trading
"I'm just a regular Bitcoiner caught in the crosshairs," claimed Mark Alexander Hopkins, also known as Rizzn, prior to serving his prison sentence.
US expansion for Huobi a step closer after it secures a FinCEN license
It says users in the United States can expect digital asset services to come in the future.
FinCEN acting director says PATRIOT Act provision isn’t ‘right sized’ for crypto enforcement
Him Das said FinCEN’s current authority under the PATRIOT Act would likely not stop actors from engaging in illicit transactions for ransomware attacks and darknet markets.