Moscow Bitcoin Mining Ban Hits Data Centers Until 2032
The government of Russia has included the city of Moscow and other regions in a 2024 decree banning cryptocurrency mining activities from August 15 to December 31, 2032. The amendment also includes the Moscow region and some territories of the Kursk region. Russia Expands Cryptocurrency Ban Decree Reach, Includes Moscow and Moscow Region The Government […] Powered by...
Latam Insights: Stablecoins Dominate Brazil’s $14.68B Crypto Market as Argentina Pushes Programmable Money
Welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In this edition, crypto demand booms in Brazil, Argentina’s banking groups are building stablecoins, and the IMF calls for an overhaul of crypto regulation in Brazil. Stablecoins Eclipse Bitcoin in Brazil as Demand Hits $14.68B According […] Powered by...
$11 Billion in Crypto Losses Adds Pressure on CLARITY Act
New York Attorney General Letitia James urged Congress to strengthen cryptocurrency regulation as the FBI reported more than $11 billion in crypto-related losses. Her Senate testimony argued the pending CLARITY Act would weaken state enforcement against digital asset scams. James Warns Federal Bill Could Weaken State Enforcement New York Attorney General Letitia James called on […] Powered by...
IRS Warns Fake Crypto Letters Target Wallets and Personal Data
Fraudsters are mailing counterfeit IRS notices that direct cryptocurrency holders toward a fabricated compliance portal designed to capture sensitive financial information. The campaign targets wallet access, exchange credentials, identities, and digital assets through official-looking correspondence. Counterfeit Letters Exploit Growing Crypto Tax Anxiety The Internal Revenue Service (IRS) issued a fraud alert about fake letters...
XRP Scam Ring Arrested After Stealing $9M From 71 Investors
South Korean police arrested three suspects accused of stealing 12.3 billion won, or about $9 million, from 71 XRP investors. Investigators traced 27.3 billion won through related wallets, indicating that total losses could rise. Fake XRP Platform Vanished After Collecting Investor Funds The Seoul Metropolitan Police Agency announced July 30 that investigators had apprehended three […] Powered by...