Search Results for: potential enforcement action

Security Service of Ukraine Shuts Down Crypto Mining Farm Near Front Line in Kharkiv

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Ucrania’s main law enforcement agency has busted an illegal facility mining cryptocurrencies in the Kharkiv region. The operators of the crypto farm have been minting coins using large amounts of stolen electricity, threatening energy supply to critical infrastructure, the agency said….

Juez de Nueva York ordena a Terraform Labs cumplir con las citaciones de investigación de la SEC

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A recent court filing stemming from the Southern District of New York shows that a U.S. district judge has ordered the crypto startup Terraform Labs to comply with the Securities and Exchange Commission’s (SEGUNDO) subpoenas. During the second week of November…

IMF Warns Crypto Boom Poses New Financial Stability Challenges, Urges Regulators to Step Up

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The International Monetary Fund (FMI) warns that the rising popularity of cryptocurrencies poses new challenges to financial stability. “Cryptoization can reduce the ability of central banks to effectively implement monetary policy. It could also create financial stability risks.” IMF Sees New…