Cracks

FCA Cracks Down on Suspects in $1.2B Illegal Crypto Asset Business

FCA Cracks Down on Suspects in $1.2B Illegal Crypto Asset Business

Two individuals were detained and questioned by the UK Metropolitan Police and the Financial Conduct Authority (FCA) for allegedly running an illegal cryptocurrency operation exceeding 1 billion British pounds ($1.2 billion) in the region. The FCA emphasized key registration requirements for crypto businesses and issued consumer warnings. Suspects Arrested and Questioned According to the Financial […]

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US CFTC Cracks Down on Crypto Exchanges Violating Trading Laws

US CFTC Cracks Down on Crypto Exchanges Violating Trading Laws

Following the conclusion of the extensive investigation and pursuit of cryptocurrency exchange giant Binance, reports suggest that the U.S. Commodity Futures Trading Commission (CFTC) now intends to pursue other platforms that violate trading laws. Despite experiencing a significant unforeseen event, the cryptocurrency industry has effectively mitigated the impact and is now observing signs of price

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