ACMA | FinTelegram News

Category: ACMA

January 16, 2025

Compliance Report: Australian Regulator’s Q4/24 Findings on Illegal Online Gambling Operations Around Softswiss and Others!

The Australian Communications and Media Authority (ACMA) has continued its crackdown on illegal online gambling websites, focusing on operators violating the Interactive Gambling Act 2001. This report analyzes the regulator's recent actions in the context of known illegal casino schemes, particularly those associated with Dama N.V. and Softswiss.

ACMA

January 15, 2025

ACMA Warns Against Curaçao-Based Operators: The Dama N.V. and Luster N.V. Connection

The Australian Communications and Media Authority (ACMA) has recently issued formal warnings against Curaçao-based online casino operators Dama N.V. and Luster N.V. for illegal gambling operations targeting Australian players. These operators, while licensed in Curaçao, have been identified as operating unlawfully in Australia, where strict regulations prohibit unauthorized gambling platforms from offering services.

USAID in Chaos: Trump and Musk’s DOGE Unleash Digital Warfare on ‘Marxist Viper’s Nest’

The U.S. Agency for International Development (USAID) finds itself at the center of a political firestorm as the Trump administration and tech billionaire Elon Musk's Department of Government Efficiency (DOGE) launch an unprecedented attack on the agency. This developing scandal has sent shockwaves through Washington and beyond, raising questions about the future of American foreign aid.

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Tornado Cash Co-Founder Alexey Pertsev Released: Crypto Privacy Battle Continues!

Alexey Pertsev, co-founder of the cryptocurrency mixer Tornado Cash, was released from prison on Feb 7, 2025, after being incarcerated since his conviction in May 202412. Pertsev, a 31-year-old Russian national, was sentenced to 64 months (5 years and 4 months) in prison by a Dutch court for money laundering charges related to his involvement with Tornado Cash.

Attention: What You Should Know About Crypto-Based ETNs Under MiCA Regulation!

Exchange Traded Notes (ETNs) in the cryptocurrency sector have gained popularity in Europe, offering investors exposure to digital assets through regulated exchanges. With the implementation of the Markets in Crypto-Assets Regulation (MiCAR), which entered into force in June 2023, the regulatory landscape for crypto-based financial products is evolving.

Investor Education: MiCAR’s Asset-Referenced Tokens And How RWA-Backed Crypto May Fit the Definition!

Real-World Asset (RWA)-backed tokens can potentially qualify as asset-referenced tokens (ARTs) under MiCAR, depending on their specific characteristics. ARTs are defined in MiCAR as a type of crypto-asset that aims to maintain a stable value by referencing another value or right, or a combination thereof, including one or more official currencies. The key characteristics of ARTs under MiCAR are:

Uganda’s Central Bank Hacked – Finance Ministry Officials Arrested!

Massive cyber-heist in Uganda! Authorities have detained nine finance ministry officials over a $16.87 million hack targeting the central bank’s IT systems. The cybercriminals, allegedly operating under the alias "Waste", infiltrated accounts and funneled funds out. Investigations are ongoing, with top Treasury officials under scrutiny.