Law enforcement in Brazil has started to conduct raids against exchanges in the country, with six such companies being targeted so far. Details about the names of the companies remain under wraps. According to CoinDesk and local partners, police are investigating potential money laundering and tax evasion conducted or facilitated by the exchanges and companies […]

Cryptocurrency exchange Coinbase has been granted regulatory approval to offer its services in the Netherlands. The American publicly traded company is now registered as a crypto service provider with the central bank of the Netherlands, the De Nederlandsche Bank. The Dutch central bank has given the go-ahead for the exchange to offer its full suite […]

A new law has been introduced in the UK to prevent cybercrime and money laundering. The bill enables law enforcement agencies to “seize, freeze and recover” crypto assets. Director general of the National Crime Agency Graeme Biggar said “domestic and international criminals have for years laundered the proceeds of their crime and corruption by abusing […]

Premier League football club Liverpool has named fantasy sports game platform Sorare as an official global partner. The Reds first began working with the digital NFT-based fantasy provider last year when launching collectible digital cards of its first-team squad including manager Jurgen Klopp. Star players will continue to be available via its platform to buy […]

Philadelphia Eagles wide receiver DeVonta Smith is teaming up with footwear company Endstate to create a series of NFT signature sneakers. Boston-based Endstate has chosen the first-round National Football League (NFL) draft pick as its first athlete collaboration stating they wanted an athlete with a powerful story to tell. Smith’s NFT collection is due to […]

The week’s biggest event was certainly one of the worst news that investors got as well. Aiden Pleterski, a self-proclaimed crypto king, has scammed investors out of $32m. The 23-year-old man from Ontario, Canada, is said to have duped more than 150 investors through AP Private Equity Limited, a company he setup to perpetrate his […]

Regulators in Indonesia want to change the way cryptocurrency exchanges are run by making it compulsory for two-thirds of executives at companies operating in the country to live there. According to Bloomberg’s Norman Harsono, the new rule will require two-thirds of directors and commissioners at cryptocurrency trading platforms in the country to be Indonesians who […]

The self-proclaimed crypto-king Aiden Pleterski has allegedly swindled £35m from investors from a suspected crypto scam. The 23-year-old man from Whitby Ontario, Canada, is said to have stolen from more than 150 investors who handed over $20m to Pleterski and his company AP Private Equity Limited. The company was known for investing in cryptocurrency and […]

Israeli cryptocurrency exchange Bits of Gold has been the first to receive a Capital Markets license from the Israeli markets regulator. The license targets crypto financial service providers in the country and now Bits of Gold can work with financial institutions and local banks. After a four-year wait since applying for the license in March […]

The European Union (EU) is currently pushing forward with one of the most comprehensive attempts to create a pan-European legislation that will bind cryptocurrencies and emerging digital assets to a common regulatory framework. The Markets in Crypto Assets (MiCA) legislation has been hailed for its comprehensiveness and thoroughness by the likes of Binance and others. […]