Iran Authorizes Banks and Currency Exchangers to Use Cryptocurrencies to Pay for Imports
The Central Bank of Iran has authorized banks and currency exchangers to use cryptocurrencies mined by licensed crypto miners in the country to pay for imports. Meanwhile, a bill is being drafted to provide regulatory clarity regarding crypto-related activities. Using Cryptocurrencies to Pay for Imports The Central Bank of Iran (CBI) has announced that banks and licensed currency exchangers can use cryptocurrency mined by licensed...
All 200 Cryptocurrency Exchanges Could Be Shut Down Under New Regulation in South Korea, Regulator Warns
The chairman of South Korea’s top financial regulator, the Financial Services Commission (FSC), Eun Sung-soo, has warned that all of the cryptocurrency exchanges in the country could be shut down. South Korea currently has about 200 cryptocurrency exchanges, he said. All Crypto Exchanges Could Be Shut Down in South Korea At the general meeting of the National Assembly’s Political Affairs Committee last week, The Korea Times quoted...
Pirates Who Illegally Streamed Jake Paul v Ben Askren Targeted in $100m Lawsuit
Social networking service Triller has filed a $100m lawsuit against 12 ‘business entities’ and 100 John Does who it claims were involved in the illegal streaming of the Jake Paul vs Ben Askren boxing match on April 17. According to Triller, these “cyber-criminals” are responsible for diverting two million PPV buys away from the event. From: TF, for the latest news on copyright battles, piracy and more. Powered...
Man Sentenced For Selling Stolen Netflix and Spotify Accounts
A man who ran a website that sold stolen credentials for services including Netflix, Spotify, Amazon Prime, HBO, Xbox Live, and EA Origin has been handed a 26-month sentence in Australia. The 23-year-old ran WickedGen, HyperGen, Autoflix and AccountBot, which according to police enabled customers to circumvent the technological protection measures put in place by official services. From: TF, for the latest news on copyright battles,...
Member of Busted Scene Piracy Group Hopes to Avoid Prison
The U.S. probation service is recommending a six-month prison sentence for Jonatan Correa, who was part of the notorious Scene group SPARKS. According to Correa’s lawyer, his client shouldn’t go to prison at all. Aside from his limited involvement with the group, Correa had no financial incentive. The Scene was his hobby, which ran parallel to his family life and managing his company with 32 employees. From: TF, for the...
