Joseph Rees

Multichoice’s Irdeto and Coinbase Unite Against Illicit Cryptocurrency Use

Irdeto, the African entertainment platform Multichoice’s digital security subsidiary, has partnered with Coinbase to combat cybercriminals using cryptocurrency for piracy and other illicit activities. Irdeto’s intelligence-led investigations have shown an increasing use of cryptocurrency by illicit service providers, rising from 13% in 2022 to 19% in 2024. Through this collaboration, the Multichoice subsidiary provides Coinbase…

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Bybit Expands Into Europe With MiCAR License

Bybit has received a MiCAR license from Austria’s FMA, allowing it to operate legally across the EEA. The exchange has also opened its European HQ in Vienna, signaling major investment and hiring plans. Bybit Gains Regulatory Green Light and Establishes European HQ in Vienna Bybit has achieved a key regulatory milestone with the approval of…

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BREAKING: US Sanctions Philippine Tech Firm for Role in Crypto Scam Network

The U.S. Treasury, the agency responsible for managing U.S. financial policy and issuing federal debt, has sanctioned a Philippine-based technology firm accused of providing infrastructure for cryptocurrency scams known as “pig butchering,” which have cost U.S. victims at least $200 million. Sanctions on Philippine Firm Funnull Technology Inc., based in the Philippines, was sanctioned by…

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India May Release Crypto Regulation Discussion Paper in June: Report

India may unveil a comprehensive discussion paper in June aimed at shaping crypto asset regulations, drawing heavily on guidance from the International Monetary Fund (IMF) and the Financial Stability Board (FSB). This move follows a surge in global acceptance, particularly after U.S. President Donald Trump endorsed digital currencies, signaling a major policy shift. In India,…

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SEC Staff: Some Staking Activities Are Not Securities

The SEC’s Division of Corporation Finance has clarified that defined protocol staking on proof-of-stake networks does not constitute a securities offering under federal law. SEC Staff Clarifies Protocol Staking Not a Security for Covered Crypto Assets on PoS Network The U.S. Securities and Exchange Commission’s Division of Corporation Finance issued a detailed public statement on…

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