Crackdown

Turkey Blocks 46 Crypto Platforms In Big Crackdown: Faces Severe backlash

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In a serious regulatory repression, Turkey has blocked access to 46 cryptocurrency platforms. Thousands of Turkish cryptocurrency users suddenly found themselves unable to access cryptocurrency trading platforms. The Turkish financial authorities have clarified: both centralized and decentralized exchanges are targeted. This repression approaches the introduction of new rules for cryptocurrency exchanges operating in Türkiye. This … Read more

EU Declares War on Crypto: Google Ad Ban Starts Brutal Crackdown as EU Crypto Left Behind

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The European Union encryption can be set as decades as Google moves to impose the European Union regulations with a ban on an advertisement – while the United States, Russia and India are pushing forward. The European Union doubles the Crusader campaign, as it presses forward with the complete compliance system that critics say can … Read more

Trump Repeals IRS Rule That Targeted DeFi Platforms in Tax Reporting Crackdown

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At least now, the encryption industry scored a great victory with this new update related to IRS Crypto Reporting. On April 10, 2025, President Donald Trump signed an official bill killing The tax department base that requires decentralized financing platforms (Defi) to report user treatment data. This rule, which was completed late last year under … Read more

Nigerian Crypto-Romance Scam Busted: Authorities Arrests 792 In Massive Crackdown

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Nigerian Crypto-Romance Scam Busted: Authorities Arrests 792 In Massive Crackdown

The Nigerian Economic and Financial Crimes Commission (EFCC) has arrested 792 suspects linked to an international cryptocurrency and romance scam. Second News from Africa, the raid conducted on December 10, 2024 targeted a seven-story building in Lagos, the country’s commercial hub. Nicknamed the “Big Leaf Building,” this luxury structure allegedly served as a call center … Read more