Tag: Crypto Assets

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Germany Shuts Down 47 Crypto Exchanges for Illegal Activities

In a major crypto crackdown, Germany has shut down 47 crypto exchanges allegedly for carrying out illegal activities including money laundering. The decision was taken by the German Attorney General’s Office Frankfurt am Main and the country’s Federal Criminal Police Office(BKA). The Frankfurt am Main Public Prosecutor’s Office and the Federal Criminal Police Office (BKA) have successfully […]
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47 Crypto Firms Apply for Licenses Under New Regulations in Turkey

Turkey has become a hotspot for crypto firms eager to establish their presence, with a significant number of companies applying for licenses under new regulations. The Turkish Capital Markets Board (CMB) recently announced that 47 cryptocurrency companies have applied for licenses in response to the newly introduced regulations. Among the applicants are prominent exchanges such […]
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ED Takes Down ‘E-Nugget’ Gaming Scam, Seizes Crypto Assets

In Kolkata, the Enforcement Directorate (ED) has successfully conducted a raid against the deceptive online gaming application known as “E-Nugget,” which tricked users by promising unusually high returns on investments. The ED revealed that although E-Nugget appeared to be a benign gaming platform, it was actually designed to funnel money from unsuspecting participants. Modus Operandi […]
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