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Policy & Regulation

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Policy & Regulation

Texas police opened Bitcoin ATM with physical intervention: $ 25 thousand dollars intervening in fraud created controversy

In the Jasper County region of Texas, a family sent $ 25,000 to fraudsters through a Bitcoin ATM, with the guidance of a false state official. Şerif Chuck Havard opened the search order by physically cutting the ATM of Bitcoin Depot and recovered a total of $ 32,000. However, after the incident, the discussions of “ownership violation” and “disproportionate intervention” fueled.

Jun 20, 2025
Policy & Regulation

Crypto move from Ohio: Tax exemption for six $ 200 transactions is on the way

The House of Representatives OHIO accepted the HB 116 bill, which aims to facilitate crypto money payments, with 26 votes against 70. If the bill is enacted, the crypto transactions below $ 200 will be exempt from the capital gain tax. In addition, local governments will be banned from bringing additional taxes and fees to crypto users. The bill is now going to the state Senate.

Jun 19, 2025
Policy & Regulation

After Nobitex Hack of 100 million dollars in Iran, clock restrictions were brought to crypto exchanges

Iran's largest crypto exchange Nobitex was hacked by Gonjeshke Darande, Pro-Israel Hacker group; Crypto money of about $ 100 million was stolen and burned. Following the incident, the Central Bank of Iran gave permission to all crypto exchanges in the country between 10: 00–20: 00. According to Chainalsis, this step aims to limit both security control and capital outlets. Nobitex announced that it will meet user damages; The platform is still closed to access. The incident is thought to have not only economic but geopolitical and political effects.

Jun 19, 2025
Policy & Regulation

Kansas Bank collapse, $ 225 million "Pig butcher" was connected to crypto fraud

The US Department of Justice (DOJ) announced that Shan Hanes, former CEO of Kansas-based CEAARTLAND Tri-State Bank, which was collapsed in 2023, was impulsed with a $ 47 million bank fund and lost this money to crypto fraudsters abroad. The complaint of the new civilian seizure of Doj, in fact, revealed that this network was the largest individual victim of this network with funds in which Hanes was actually lost to a Fleas of Pig Butchering ”(Pig Butcher).

Jun 19, 2025
Policy & Regulation

Nauru passed the Crypto Regulatory Act:

Nauru, a small island country in the Pacific, has established a new law covering crypto currency, digital banking and web3 services, and established a crypto regulatory institution called Command Ridge Virtual Asset Authority (CRVAA). Within the scope of the law, many digital activities will become licensed from stablecoin exports to defi applications. Nauru aims to provide economic diversification with this step and to become a regional digital asset center. Interestingly, Gabriel Bankman-Fried, previously mentioned in the FTX scandal, came to the agenda with this development.

Jun 19, 2025
Policy & Regulation

South Korean Central Bank: Won Stablecoins can trigger dollars demand

Lee Chang-Yong, President of the South Korean Central Bank, warned the local currency that Stablecoin initiatives indexed to the US Dollar-based Stablecoins. This warning contradicts the KrW Stablecoin plan, which President Lee Jae Myung supports with the aim of preventing capital output during the digital finance period. The Central Bank emphasized that care should be taken against systemic risks, and that these assets are not completely rejected.

Jun 19, 2025