The United States seized the Domaine de Garantex Crypto Exchange used by ransomware gangs

The American secret services have seized the field of the exchange of Russian cryptocurrency sanctioned Guarantx in collaboration with the criminal division of the Ministry of Justice, the FBI and Europol. The other authorities responsible for the application of the laws involved in this action include the Dutch national police, the German Federal Criminal Police…

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Crypto Exchange Upbit faces suspension due to KYC violations

South Korea’s largest crypto exchange Upbit has reportedly received a suspension notice from the Financial Services Commission (FSC) for allegedly violating anti-money laundering (AML) and know-your-customer requirements (KYC). Upbit faces suspension of up to 6 months Thursday, the economic newspaper Maeil reported that South Korea’s Financial Intelligence Unit (FIU) has notified crypto exchange Upbit of…

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Russia Eyes National Stablecoin to stimulate the use of cryptography – The Shib Daily

Russia would have planned to launch its own stablecoins, potentially fixed at several currencies, following recent developments surrounding the stable of attachment supported by the US dollar. Reports Suggest that Tether, the USDT transmitter, blocked digital portfolios linked to an exchange of Russian crypto which had been sanctioned by the European Union. Osman Kabaloev, deputy…

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