Tron and Tether have formed a strategic partnership with blockchain intelligence platform Chainalysis. The coalition aims to crack down on criminal activity involving Tether’s USDT stablecoin on the Tron blockchain, according to data Tron CEO Justin Sun shared today. The new partnership is an upgrade In a Thursday announcement, Tron, Tether, and Chainalysis formed a digital crime task force (DCTF), a new initiative designed to effectively uncover and clamp down on illicit activity…
India’s Enforcement Directorate (ED) has searched premises linked to CoinDCX and Delta Exchange India over alleged violations of foreign exchange rules involving unauthorized cross-border crypto transactions. The searches took place on November 4 and 5, when officials visited three premises in Bengaluru connected to Neblio Technologies, the company behind CoinDCX, and Excelium Technologies, which operates Delta Exchange… ED Flags Alleged FEMA Violations Worth Billions The investigation is being conducted under Section 37 of the Foreign Exchange Management Act (FEMA), 1999, which governs cross-border financial transactions.
JPMorgan is quietly increasing its Bitcoin exposure while the crypto market is being beaten up. The banking giant raised its Strategy holdings by 36% and added another 1 million shares of BlackRock’s iShares Bitcoin Trust (IBIT). JPMorgan Bitcoin positioning makes an interesting contrast with the current market panic.
