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    FATF Urges India to Strengthen Virtual Asset Regulation

    FATF Urges India to Strengthen Virtual Asset Regulation

    India has achieved a high level of technical compliance with Financial Action Task Force (FATF) standards, addressing illicit finance, money laundering, and terrorist financing. In a joint assessment with regional bodies, the FATF praised India’s progress but...
    US Company Settles Salvadoran Coffee Purchase With Bitcoin

    US Company Settles Salvadoran Coffee Purchase With Bitcoin

    According to information from the Salvadoran Ministry of Foreign Affairs, Compass Coffee, a U.S.-based coffee company, has completed an international purchase of Salvadoran coffee using bitcoin. Jorge Cruz, the Salvadoran counterpart in this transaction, explained...
    New York man to pay $36 million for forex and crypto fraud

    New York man to pay $36 million for forex and crypto fraud

    Federal court ordered William Koo Ichioka to pay $31 million in restitution and $5 million in monetary penalty. The New York resident was charged and ordered to pay the total $36 million for defrauding victims in a forex and crypto scheme. A New York man is to pay a...
    Ethereum Foundation Cashes Out: 300 ETH Sold in Latest Move

    Ethereum Foundation Cashes Out: 300 ETH Sold in Latest Move

    The AI-powered sleuth Spot On Chain dropped a bombshell on X today: the Ethereum Foundation just offloaded 300 ETH, pocketing a cool 763,092 DAI. “Overall, since the beginning of September, the Ethereum Foundation has sold 950 ETH ($2.27M) at an average price...
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