National Fraud Intelligence Bureau Blocks 43 Crypto Phishing Domains
The National Fraud Intelligence Bureau (NFIB) London, a law enforcement agency, has blocked 43 domains associated with crypto phishing and fraudulent activities as part of its mission to analyze and collect intelligence on finance-related cybercrime and fraud. Pete O’Doherty, the temporary commissioner of the City of London Police, reported that the NFIB discovered a sham […]
Kraken Expands in Europe with Dutch License
Kraken has obtained a license in the Netherlands, allowing it to operate in the country as a virtual asset service provider (VASP). Kraken has obtained the provider license as part of its strategy to increase its presence throughout Europe. After acquiring Dutch cryptocurrency broker BCM in October of last year, Kraken is now poised to […]
Hong Kong Announces Legislative Consultation on Cryptocurrency
Hong Kong authorities have opened a public consultation on legislative plans to establish a licensing system for providers of over-the-counter (OTC) virtual asset trading services. The Hong Kong government claims that certain fraud cases have revealed the participation of VA over-the-counter operators; therefore, in order to lower the dangers associated with money laundering and financing, […]