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Europe · New YorkInternational authorities have cracked down on the cryptocurrency platform ChipMixer, alleging it helped obscure the digital money trail for online drug dealers, Russian military hackers and North Korean cybercriminals, Europe's Europol police agency and the U.S. Department of Justice said on Wednesday.
Cybercriminals' crypto platform ChipMixer seized in international operation
55% Center coverage: 11 sources
Jeremy Hunt · LondonBritish finance minister Jeremy Hunt says he is working on a plan to "avoid or minimise damage" from a collapse of the UK arm of Silicon Valley Bank. "The government is treating this issue as a high priority," Hunt said. "We will bring forward immediate plans to ensure the short term operational and cashflow needs of Silicon Silicon Bank UK customers are able to be met"
UK races to minimise damage from Silicon Valley Bank collapse
39% Left coverage: 124 sources
Business · CaliforniaA California regulator shut Silicon Valley Bank on Friday and appointed the Federal Deposit Insurance Corporation as receiver, according to the agency’s statement.
Regulators shut down Silicon Valley Bank in the biggest bank collapse in years
50% Center coverage: 233 sources
Business · IndiaThe Indian government has notified all interested parties of the obligation to comply with the national AML law. The PML Act obliges financial institutions to maintain a record of all transactions for the last ten years. Trading volume on major cryptocurrency exchanges across India dropped by 70% within 10 days of the new tax policy.
India's Crypto Businesses Handed Anti-Money Laundering Obligations for First Time
Coverage: 10 sources
Business · WashingtonThe International Monetary Fund has laid out a nine-point action plan for how countries should treat crypto assets, with point number one a plea not to give cryptocurrencies such as bitcoin legal tender status.
IMF lays out crypto action plan, recommends against legal tender status
50% Center coverage: 16 sources
Valentine's DayNot all industries have been impacted by inflation. Flowers have been roughly the same price as last Valentine's Day. But how about the chocolate makers and our bakeries? Unfortunately, they have to pay the same high prices that we pay at the grocery store, but they see these inflated prices every day.
Don't Get Scammed This Valentine's Day
51% Center coverage: 39 sources
Business · New YorkPaxos officially announced that it would end its relationship with Binance for the branded USD-pegged stablecoin BUSD.
Paxos to Stop Minting Stablecoin BUSD Following Regulatory Action
62% Center coverage: 8 sources
Europe · AdıyamanRescue teams from Russia, Kyrgyzstan and Belarus pulled a man alive from a collapsed building on Sunday 160 hours after the earthquake in Turkey, Russia's Ministry of Emergency Situations said.
Man Pulled Out Of Rubble 160 Hours After Turkey Earthquake
38% Right coverage: 85 sources
