Thai Banks Freeze 3 Million Accounts In Anti-Scam Crackdown

Innocent people and businesses have reportedly been caught in the crossfire as Thai banks froze millions of accounts suspected to be “mules” for scammers over the weekend.  The nationwide crackdown began in August, and weekend reports suggest that banks have frozen three million accounts and imposed daily transfer limits on all bank customers in the … Read more

Thai Banks Freeze 3 Million Accounts In Anti-Scam Crackdown

Innocent people and businesses have reportedly been caught in the crossfire as Thai banks froze millions of accounts suspected to be “mules” for scammers over the weekend.  The nationwide crackdown began in August, and weekend reports suggest that banks have frozen three million accounts and imposed daily transfer limits on all bank customers in the … Read more

Thai Banks Freeze 3 Million Accounts In Anti-Scam Crackdown

Innocent people and businesses have reportedly been caught in the crossfire as Thai banks froze millions of accounts suspected to be “mules” for scammers over the weekend.  The nationwide crackdown began in August, and weekend reports suggest that banks have frozen three million accounts and imposed daily transfer limits on all bank customers in the … Read more

Thai Banks Freeze 3 Million Accounts In Anti-Scam Crackdown

Innocent people and businesses have reportedly been caught in the crossfire as Thai banks froze millions of accounts suspected to be “mules” for scammers over the weekend.  The nationwide crackdown began in August, and weekend reports suggest that banks have frozen three million accounts and imposed daily transfer limits on all bank customers in the … Read more

CoinDCX Hatches a Million Dollar Plan to Reap Advantages of India’s Crackdown on Foreign Exchanges

Indian crypto exchanges are reaping the benefits of the government opening compliance investigations on foreign crypto exchanges like Binance and Kraken. Over the last week, Indian crypto exchanges recorded a massive inflow of deposits, that has now opened a competition amongst Indian exchanges. CoinDCX, that claims to have seen a 2,000 percent hike in crypto … Read more

Crypto Mining Operations Face Crackdown in Norway With New Regulations for Data Centres

Norway, in the coming days, is regulating the operations of data centres within its jurisdiction. The aim is to identify energy-intensive operations like the ones pertaining to crypto mining and put a stop to them. Since Norway faces extreme cold weather conditions for a significant part of the year, the government there wishes to ensure … Read more

South Korea Initiates Crackdown on Suspicious Crypto Activities

South Korea is trying to rid its crypto sector off miscreants who are exploiting digital assets to facilitate illicit activities like money laundering. The country is conducting a crackdown on crypto activities that are coming across as suspicious or unusual on the crypto exchanges operating in the Asian nation. On Thursday, July 4, the Financial … Read more

Apple iMessage, Microsoft Edge and Bing Dodge EU’s Big Tech Crackdown

Apple Inc.’s iMessage and Microsoft Corp.’s Bing search engine, Edge web browser and Advertising service will avoid strict new European Union rules reining in Big Tech platforms. A probe concluded that the services don’t hold a dominant enough position to be regulated under the EU’s Digital Markets Act, the European Commission announced on Tuesday. Apple … Read more

Apple Loses Top Court Fight Against German Antitrust Crackdown

Apple lost its fight at Germany’s top civil court to overturn a regulator’s decision to put it under tighter antitrust scrutiny alongside other US tech giants. The judges on Tuesday said the Federal Cartel Office was right to find that the iPhone maker’s footprint across markets meets the threshold for more oversight. Apple is one of the … Read more

Google, Apple Hit by Twin EU Rebuke Amid Big Tech Crackdown

Alphabet’s Google was warned to step in line with the European Union’s Big Tech rules or risk hefty fines as part of a two-pronged escalation against Silicon Valley that risks further inflaming tensions with US President Donald Trump. The European Commission chastised Google for allegedly breaching the bloc’s landmark Digital Markets Act by favoring in-house services across … Read more