Category: Compliance

Bitcoin takes the $100k milestoneB
Categories
December 5, 2024

Bitcoin Hits $100,000: A Historic Milestone Amid Regulatory Optimism and Dawning CyberFinance!

Bitcoin reaches an all-time high of $100,000, fueled by optimism surrounding the appointment of Paul Atkins as the new SEC Chair under Donald Trump. Analysts weigh in on the milestone and predict further bullish trends in the crypto sector. The crypto market is currently being driven by the broad support of the US tech elite, which has gained new power with Trump.
Read More
Donald Trump nominates Paul Atkins as SEC ChairT
Categories
December 4, 2024

Trump Names Paul Atkins as SEC Chair: A Crypto Game-Changer?

The U.S. President-elect Donald Trump officially nominates pro-crypto libertarian Paul Atkins as SEC Chair, signaling a shift toward crypto-friendly regulation and innovation. The pro-crypto nomination was a campaign promise made by Trump where he vowed to get rid of Gary Gensler. According to X posts, Atkins already confirmed that he will accept the nomination.
Read More
NCA announced results of Operation DestabiliseO
Categories
December 4, 2024

Operation Destabilise: NCA Cracks Billion-Dollar Russian Money Laundering Rings

The National Crime Agency (NCA) in the UK announced a successful law enforcement action: "Operation Destabilise" has disrupted Russian-speaking money laundering networks tied to drugs, ransomware, espionage, and sanctions evasion. With 84 arrests and £20M seized, the operation targeted two key networks, Smart and TGR, exposing a global nexus of organized crime and cybercriminals.
Read More
Offshore regulations in Anjouan and Curacao and the Philippines in a comparative analysisA
Categories
December 3, 2024

Anjouan Gaming Licenses: A Comparative Analysis of Legitimacy and Regulatory Oversight!

The global online gambling industry is a complex landscape, with various jurisdictions offering licensing frameworks of differing rigor and credibility. Among these, Anjouan Gaming has emerged as a licensing body, presenting itself as a legitimate regulator. However, a critical examination reveals significant concerns regarding its legitimacy and oversight.
Read More
Debanking and the Choke Point architectsE
Categories
December 1, 2024

Evolving Discussion Around the US Debanking Attack on Crypto Exposes the Hidden Agenda of the Biden Administration!

The "Debanking" scandal in the crypto sector has evolved into one of the most controversial topics on X. Numerous prominent voices from the industry, including Coinbase CEO Brian Armstrong and Gemini co-founder Tyler Winklevoss, have accused the Biden administration of orchestrating a targeted campaign against crypto companies.
Read More
The exposed debanking strategy against the US crypto sectorO
Categories
November 29, 2024

Operation Choke Point 2.0: The Alleged Political Orchestration Behind the Debanking of 30 US Crypto Founders!

Recent revelations have sparked controversy regarding the alleged "debanking" of numerous tech founders in the United States, particularly those involved in the cryptocurrency industry. This issue came to light following comments made by Marc Andreessen, co-founder of Andreessen Horowitz (a16z), during an appearance on the Joe Rogan podcast. Coinbase CEO Brian Armstrong confirmed these debanking allegations on X.
Read More
Tornado Cash wins appeal in the USF
Categories
November 27, 2024

Fifth Circuit Deals Blow to OFAC Overreach: Tornado Cash Smart Contracts Not “Property”!

In a remarkable ruling, the U.S. Fifth Circuit Court of Appeals determined that Treasury’s Office of Foreign Assets Control (OFAC) overstepped its authority by sanctioning Tornado Cash’s immutable smart contracts. The decision reverses a lower court ruling, offering a significant win for privacy advocates and blockchain developers.
Read More
Re-birth of US crypto scene in the post-T
Categories
November 25, 2024

The U.S. Reclaims Its Crypto Crown: Trump’s Election and Gensler’s Exit Signal a New Era!

The U.S. is poised to reassert its dominance in the global crypto arena following the election of crypto-friendly President Donald Trump and the impending departure of SEC Chair Gary Gensler. This seismic shift in leadership is expected to transform the U.S. into a powerhouse for digital assets, attracting innovation and investment that had been stifled under previous regulatory regimes.
Read More
SEC Chair Gary Gensler failed the crypto industryR
Categories
November 25, 2024

Record SEC Financial Remedies in 2024: Gensler’s Legacy of Aggressive Enforcement

Many market participants have seen the U.S. SEC under the Biden administration as a failure. It was criticized for its "regulation by enforcement." Accordingly, the regulator announced a historic $8.2 billion in financial remedies for fiscal 2024, cementing the agency's legacy under outgoing Chair Gary Gensler. Known for relentless enforcement, the record-setting results highlight Gensler’s controversial tenure.
Read More
SEC Chair Gary Gensler failed the crypto industryS
Categories
November 21, 2024

SEC Chair Gensler Exits: A Controversial Legacy in Crypto Regulation and Beyond

SEC Chair Gary Gensler's resignation, effective Jan 20, 2025, signals the end of a contentious era marked by criticism from the crypto industry and questions about his regulatory approach. While the SEC touts his reforms, critics argue that Gensler failed to establish a coherent framework for crypto regulation, leaving a regulatory void.
Read More
Revolut celebrates 50M customersR
Categories
November 19, 2024

Revolut Hits 50M Customers Milestone, Eyes Global Banking Domination

TThe UK-based fintech giant Revolut celebrates reaching 50 million global customers, solidifying its position as a fintech powerhouse. This remarkable growth includes 10 million new customers registered in 2024 alone, demonstrating the company's rapid expansion. In Italy, Revolut has approximately 2 million users and plans to inaugurate a new branch by the end of the year.
Read More
SEC LogoT
Categories
November 8, 2024

Trump Eyes SEC Shakeup: Commissioner Mark Uyeda a Strong Contender for New Chair!

With Trump’s return to the White House, speculation is mounting in the crypto community over who will lead the U.S. Securities and Exchange Commission (SEC). Crypto attorney Jake Chervinsky sees Mark Uyeda, an SEC commissioner critical of current Chair Gary Gensler’s crypto policies, as a top candidate for the role. Hester Peirce, known as “Crypto Mom,” is viewed as less likely to step up.
Read More