China is closely monitoring the use of virtual assets in money laundering activities, according to the country’s highest court, in a move that legal experts say could increase the risk of prosecution for trading cryptocurrency on the mainland. Using virtual assets to transfer or convert criminal proceeds is among a range of money laundering methods
Circle has become the first global stablecoin issuer to comply with MiCA, the EU’s new set of landmark crypto laws. Indeed, Circle’s French entity is launching USDC and EURC issuance in the EU in compliance with the European Union’s landmark Markets in Crypto-Assets regulatory framework JUST IN: 🇪🇺 Circle becomes first global stablecoin issuer to
Cryptocurrency investor Brock Pierce, who co-founded the stablecoin Tether in Hong Kong a decade ago, has teased that he is looking at returning to work in the city for a third time as the government works to entice the crypto industry back. Pierce, who is also chairman of the Bitcoin Foundation, was coy about what
The Justice Department said on Friday that it arrested two alleged scammers for laundering “at least” $73 million through shell companies connected to “pig butchering” cryptocurrency investment schemes. Nvidia stock has all-time closing high in its crosshairs In a pig butchering scam, scammers contact victims online and gain their trust before manipulating them into investing