CryptoNews

Ireland Moves to Draft Urgent Legislation for Cryptocurrency Regulations Ahead of EU Deadline

October 17, 2024
Ireland’s Finance Minister Jack Chambers has announced plans to draft urgent legislation aimed at updating financial regulations to include cryptocurrency and digital asset firms. According to the Irish Examiner, this legislation is crucial to ensure compliance with new European Union money laundering and financing of terrorism laws, which are set to take effect on December 30. The Cabinet…
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Ripple Reveals Exchanges for Stablecoin RLUSD Launch

October 16, 2024
Ripple has announced that its new USD-denominated stablecoin, RLUSD, will be available globally through strategic partnerships with major platforms, including Uphold, Bitstamp, Bitso, Moonpay, Independent Reserve, Coinmena, and Bullish. Fully backed by U.S. dollar reserves…
CryptoNews

Indian Police Crush 'Goldcoat Solar' Fraud — Binance Aids in Crypto Seizure

October 16, 2024
Indian police, with support from crypto exchange Binance, have dismantled a fraudulent scheme run by M/s Goldcoat Solar, which posed as part of a national solar energy initiative. The criminals lured investors by impersonating officials and promising high returns. Multiple arrests were made, and cryptocurrency assets were seized as part of the operation to shut down the elaborate scam. Delhi…
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FBI Seeks Crypto Fraud Victims in Major Market Manipulation Case

October 11, 2024
The Federal Bureau of Investigation (FBI) is urging potential victims of cryptocurrency fraud to come forward as it investigates market manipulation involving several cryptocurrency companies. Accusations include “wash-trading” and artificially inflating trading volumes…
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London Man Denies Running Illegal Cryptocurrency ATMs

October 11, 2024
A London resident has denied charges of operating an illegal cryptocurrency ATM business and laundering criminal proceeds. The individual is accused of converting £300,000 into digital currencies without Financial Conduct Authority (FCA) authorization. The regulator stressed that there are no legal crypto ATM operators in the country. London Man Denies Running Illegal Cryptocurrency ATMs Habibur…
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FBI Warns Investors of Growing Crypto Scams Amid Billion

October 11, 2024
The Federal Bureau of Investigation (FBI) has issued a warning to cryptocurrency investors, highlighting a surge in scams, particularly targeting retirees and the elderly. FBI experts explain how scammers trick victims into fake crypto investments and scare them into handing…
CryptoNews

XRP Army Launches Petition Against SEC Appeal in Ripple Case

October 9, 2024
The XRP Army is ramping up efforts to push back against the U.S. Securities and Exchange Commission (SEC)’s appeal in the Ripple vs. SEC lawsuit , calling it unnecessary and damaging to the cryptocurrency market. XRP supporters claim that the SEC’s actions create…
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Boerse Stuttgart Unveils Insured Ethereum Staking on Bison Platform

October 9, 2024
European exchange group Boerse Stuttgart has announced a major step into Ethereum staking, offering users a secure, insured way to earn passive income through its Bison trading platform. By partnering with top German firms, Bison enables staking for as little as 0.005 ETH with weekly rewards. The service, currently only in Germany, promises annual returns of 2-5% and will soon expand to other…
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