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blockonomi.com Government Targets 25 Crypto Firms for Breaking Anti-Money Laundering Rules

TLDR: FIU-IND has issued notices to 25 offshore crypto firms under PMLA for AML rule breaches. Firms like CoinW, CEX.IO, and Paxful face potential fines up to Rs 1 lakh per violation. Separate orders under IT Act 2000 seek removal of unregistered crypto apps and websites in India. Regulators warned that all crypto firms must [...] The post Government Targets 25 Crypto Firms for Breaking Anti-Money Laundering Rules appeared first on Blockonomi.

news.bitcoin.com Adoption Overload: Brazil Transacted Over $300B in Crypto Last Year

In its latest report, blockchain analysis company Chainalysis estimates that the Brazilian economy moved $318.8 billion in cryptocurrency assets from July 2024 to June 2025. The numbers highlight the growing adoption of cryptocurrency in one of the largest and most consolidated economies of Latam. Crypto Adoption Overheats in Brazil: Over $300 Billion Moved Using Crypto […]

blockonomi.com Major Sui News: Project Unveils Big Plans for the Future

Sui’s ecosystem just dropped a trio of bombshell updates over the past 12 hours that could redefine its trajectory. First, the project revealed native stablecoins, USDi backed by BlackRock’s BUIDL fund and suiUSDe using staked ETH and futures exposure. Second, it launched a dedicated hardware wallet called Suiball, optimized for Sui’s BTC-integration layer. Third, major [...] The post Major Sui News: Project Unveils Big Plans for the Future appeared first on Blockonomi.