Headlines

US and UK Form First-of-Its-Kind Alliance Against Crypto Scams – Bitcoin News

Key Takeaways U.S. and U.K. agencies will investigate common targets in parallel. Crypto scam centers cost Americans nearly $10 billion each year. Officials plan a joint industry disruption event in October. US and UK Agencies Coordinate Scam Center Cases Federal prosecutors and British authorities established a joint framework on Sept. 3 to pursue transnational networks…

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Washington State Seeks $1.03M Fine, Ban for Crypto Kiosk Firm

Key Takeaways Washington seeks to revoke Coinflip’s money transmitter license. The regulator alleges failures involving monitoring and refunds. Coinflip and its CEO may request a hearing to contest the charges. Washington Regulator Seeks License Revocation The Washington State Department of Financial Institutions (DFI) announced Sept. 3 that it had filed charges against GPD Holdings LLC,…

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IMF Reveals Donations Fund El Salvador Bitcoin Accumulation – Bitcoin News

Key Takeaways IMF revealed El Salvador’s Bitcoin gains were private donations, unlocking $140M in IMF funding. El Salvador agreed to end public Bitcoin buys, aligning treasury policy with IMF transparency rules. The government privatized majority control of Chivo Wallet, resolving IMF compliance concerns. IMF Certifies El Salvador’s Bitcoin Comes From Private Funding The mystery behind…

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