Galaxy Digital Joins $15 Million Investment Round in Crypto Security Firm CipherTrace

Blockchain security firm CipherTrace has secured a $15 million investment from Galaxy Digital and other venture capital firms. Mike Novogratz’s crypto investment bank Galaxy Digital has invested in blockchain security company CipherTrace, according to an official press release published on Feb. 19. CipherTrace has reportedly raised $15 million in venture capital in a new funding […]

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Cyprus Securities Regulator Calls for Adoption of EU Anti-Money Laundering Framework

Cyprus’ securities regulator is calling for the transposition of an extended version of the European Union’s Fifth Anti-Money Laundering Directive into national law. The Cyprus Securities and Exchange Commission (CySEC) is calling for the transposition of the European Union (EU)’s Fifth Anti-Money Laundering (AML) Directive (AMLD5) into national law — bringing local regulation of cryptocurrencies […]

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Indonesia’s Commodity Futures Regulator Releases Regulation for Crypto Futures Market

Indonesia’s Commodity Futures Trading Supervisory Agency adopted a legal framework for crypto futures trading. Indonesia’s commodity futures regulator has established a legal framework for operating crypto and digital assets futures markets, according to an official press release published on Feb. 18. The Indonesian Commodity Futures Trading Supervisory Agency (Bappebti), which operates under Indonesia’s Ministry of […]

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Crypto Crime Trends Evolving as Users Wise Up: Exchange Hacks, Darknet and Money Laundering

Crime trends in the cryptocurrency space are evolving, as criminals look for innovative ways to steal and launder stolen funds. Two prominent research papers have shed light on the latest crime trends affecting the cryptocurrency community over the past two years. Crypto analytics companies Chainalysis and CipherTrace released reports at the end of January that […]

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Indonesia: New Legislation Recognizes Crypto as Trading Commodity

New legislation introduced in Indonesia recognizes cryptocurrencies as trading commodities and gives legal certainty to crypto exchanges. Indonesia has introduced new legislation that recognizes Bitcoin (BTC) as a trading commodity, Asia-oriented news outlet KrASIA reported on Feb. 15. Indonesia’s Commodity Futures Trading Regulatory Agency, also known as Bappebti, initially signed a decree to make cryptocurrency […]

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