Fine | Crypto

Illegal crypto miners operating in Russia could lose their coins and face heavy fines under new rules formulated by the nation’s Ministry of Digital Development, Communications, and Mass Media. The post Russia Set to Fine, Confiscate Coins from Illegal Crypto Miners appeared first on Cryptonews.

AUSTRAC has fined Melbourne-based crypto exchange Cointree A$75,120 for submitting suspicious matter reports late, saying the delay has hindered investigators tracing criminal funds. The case reflects Australia’s drive to shutter inactive exchanges and reinforce anti-money-laundering controls. The post AUSTRAC Slaps Cointree with $48K Fine for Late SMRs – Who’s Next? appeared first on Cryptonews.