Nigeria’s SEC Proposes Significant Fee Hikes for Crypto Exchanges

by Александр Пирогов | Mar 19, 2024 | Blog News

Nigeria’s Securities and Exchange Commission (SEC) has recently proposed a series of substantial fee increases for cryptocurrency firms operating within the country. These proposed amendments, if implemented, would represent a significant uptick in registration...

Spanish Court Upholds Suspension of Worldcoin Operations

by Александр Пирогов | Mar 19, 2024 | Blog News

In a blow to Worldcoin’s ambitions, the Spanish Audiencia Nacional has upheld the suspension of the project’s activities in Spain, as ordered by the country’s data protection authority, the AEPD. The decision highlights the primacy of safeguarding...

Russian Government Plans Platform to Seize and Hold Confiscated Crypto

by Александр Пирогов | Mar 19, 2024 | Blog News

The Russian government, led by Minister of Internal Affairs Vladimir Kolokoltsev, is embarking on a bold initiative to create a platform that will enable law enforcement agencies to seize and store crypto confiscated from criminals. This move comes amidst growing...

Nigeria’s SEC Proposes Significant Fee Hikes for Crypto Exchanges

by Александр Пирогов | Mar 18, 2024 | Blog News

The Securities and Exchange Commission (SEC) of Nigeria has put forward a proposal to amend the rules governing platforms offering crypto services, suggesting a substantial increase in registration fees for crypto exchanges. The proposed amendment includes raising the...

Former IcomTech Promoters Convicted of Wire Fraud Conspiracy

by Александр Пирогов | Mar 18, 2024 | Blog News

A New York jury has delivered guilty verdicts against David Brend and Gustavo Rodriguez, former promoters of the alleged crypto mining and trading company IcomTech, for their involvement in a wire fraud conspiracy. The conviction carries a maximum sentence of 20 years...

Hong Kong’s Securities and Futures Commission Issues Warning Against Bybit Exchange

by Александр Пирогов | Mar 18, 2024 | Blog News

The Securities and Futures Commission (SFC) of Hong Kong has issued a public warning regarding Bybit, a global cryptocurrency exchange, labeling it as an “unlicensed virtual asset trading platform (VATP).” The SFC expressed concerns about various products...