Swiss Crypto Bank SEBA Bank Rebranded to AMINA

by Александр Пирогов | Dec 1, 2023 | Blog News

In Brief: Swiss crypto bank SEBA Bank AG undergoes a significant rebranding, now known as AMINA Bank AG. Authorized by FINMA to provide banking services since 2019, the move represents a strategic shift in the company’s growth and vision. Franz Bergmueller, CEO...

November Marks Record-Breaking Crypto Theft: $363M Lost to Scams, Hacks, and Exploits

by Александр Пирогов | Dec 1, 2023 | Blog News

November emerges as the cryptocurrency industry’s most “damaging” month, witnessing a staggering $363 million lost to crypto thievery, scams, and exploits, reports a blockchain security firm. Exploits alone accounted for $316.4 million, while flash...

“IOTA Surges 43% Following Registration of Ecosystem Foundation in Abu Dhabi”

by Александр Пирогов | Nov 30, 2023 | Blog News

The IOTA token experiences a 43% surge after the registration of the IOTA Ecosystem DLT Foundation in Abu Dhabi. With a funding commitment of $100 million worth of tokens vested for four years, this foundation claims to be the first of its kind registered under Abu...

Brazil Senate Approves Tax on Crypto Gains Held Outside the Country

by Александр Пирогов | Nov 30, 2023 | Blog News

The Brazil Senate approves new income tax rules, likely requiring Brazilians to pay up to a 15% tax on income derived from cryptocurrencies held on exchanges outside the country. The bill, expected to be approved by President Luiz Inácio Lula da Silva, sets the...

U.S. Treasury Advocates Expanded Sanctions on Crypto Companies

by Александр Пирогов | Nov 30, 2023 | Blog News

The U.S. Treasury is developing new sanctions tools to combat illicit activities in the cryptocurrency sector, with recent actions against Binance and Sinbad. The initiative aims to prevent crypto use in terrorism and money laundering, prompting a push to update...

ECB’s Andrea Enria Cautions Crypto Firms on Banking Regulations

by Александр Пирогов | Nov 30, 2023 | Blog News

Andrea Enria of the European Central Bank (ECB) warns that crypto firms may face banking regulations if providing services resembling those of traditional banks. He emphasizes the need for monitoring and regulation to ensure entities in the crypto world acting as...