South Korean City Intensifies Efforts to Collect Tax Payment The South Korean city of Yeongcheon in North Gyeongsang Province has recently announced an aggressive campaign to…
Empowering the US Treasury Department to Combat Illicit Crypto Activities In a recent Bloomberg report, the US Treasury Department seeks additional enforcement powers from lawmakers to…
Ramping Up Crackdown on Terrorism Financing in Crypto The US and UK authorities are taking decisive action against entities involved in terrorism financing through cryptocurrency, following…
The UK FCA’s Focus on Market Integrity and Investor Protection The Financial Conduct Authority (FCA) in the United Kingdom has outlined its key areas of focus…
UK Law Enforcement Empowered to Confiscate Crypto Assets A new bill passed in the UK, called the Economic Crime and Corporate Transparency Bill, grants law enforcement…
Hong Kong Regulators to Crack Down on Crypto Conversion Shops Hong Kong’s financial regulators are planning to implement stricter regulations on over-the-counter (OTC) crypto trading activity…
Nigeria has increased its regulatory scrutiny of major cryptocurrency exchanges, including Binance and Coinbase, in an effort to combat financial crimes associated with the digital asset…
A South Korean Province Recovers $4.6 Million in Unpaid Crypto Taxes A South Korean province has implemented an advanced system to combat crypto tax evasion, resulting…
US Treasury Department Imposes Sanctions on Cryptocurrency Addresses Linked to Ransomware Activities The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) has imposed sanctions on…
