The U.K. Financial Conduct Authority (FCA) is taking action again against illegally-operating crypto ATMs, this time in East London. Last month, the agency conducted a similar operation in Leeds. The ...
Tag: Enforces
New Jersey enforces cease and desist orders against three ‘pig butcher’ scammers
The New Jersey Bureau of Securities has ordered three website operators to stop luring romance-seeking victims into their fraudulent cryptocurrency investment schemes. The three firms hit with the cea...
New Jersey regulator enforces order against scam websites – Cryptopolitan
A New Jersey regulator has announced that it will enforce a cease and desist order granted by a court against three firms. According to the regulator, the three scam websites were involved in illicit ...
Bitcoin Soars to $37K in Nigeria as Apex Bank Enforces Digital Cash
BTC costs 17.2 million NGN, equivalent to $37,450 by the official exchange rate. Ethereum costs 1.1 million NGN, equivalent to $2,575, instead of the global $1,569. Nigerian government recently banned...
UK Enforces Crypto Tax Exemption for Foreign Investors
In its latest effort to become a global cryptocurrency hub, the United Kingdom has introduced a tax exemption for non-residents and foreign investors. The exemption applies when users purchase digital...
UK Enforces Crypto Tax Break for Foreigners Using Local Brokers
The U.K. is enforcing a tax exemption for foreign investors purchasing crypto through local investment managers or brokers starting Sunday. The tax break, announced in December, is a part of Prime Min...
Taliban enforces ban on exchanges in Afghanistan
Since the Taliban forces took over the administration of Afghanistan, crypto activities in the country have endured huge setbacks. The Taliban has remained strict towards crypto in their domain, and t...
India Enforces Heavy Crypto Tax Laws
During a time when crypto prices appear to be tanking like never before, India is dealing with heavy crypto-related tax woes. India Is Hiking Its Crypto Tax Enforcement Right now, regulators in India ...
Paxful Enforces Facial Recognition for Crypto Transactions
Paxful – a global peer-to-peer (P2P) fintech platform – is working with iProov, a company that specializes in biometric authentication technology. Together, both firms will utilize the facial recognit...
Kazakhstan Enforces New Crypto Mining Taxes
Kazakhstan is all set to begin taxing crypto miners. New regulations were passed in the country’s capital of Nur-Sultan (previously known as Astana) that will require all digital currency miners to pa...
Texas Enforces New Rules for Crypto Miners
Crypto miners in Texas must get approval from ERCOT to connect their rigs to the state’s power grid. Texas Requires New Permissions Before Crypto Can Be Mined It has come to the attention of the crypt...
Kosovo enforces anti-crypto mining law by seizing over 600 machines in 2022
TL;DR Breakdown • Regulators in Kosovo created an anti-cryptocurrency law on January 4.• Cryptocurrency market recovers from its bearish streak despite restrictions in Europe. Crypto mining has reache...