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Posts by Shri Hari

Utah Man Sentenced to Three Years for Unlicensed Crypto Business and $2.9M Fraud

Utah Man Sentenced to Three Years for Unlicensed Crypto Business and $2.9M Fraud

The Investigation done by the Federal Bureau of Investigation into a Utah man named Brian Garry Sewell has resulted in a sentence of three years in U.S. federal prison for running an illegal cash-to-crypto business and defrauding investors of nearly $3 million.  Unlicensed Crypto Scheme Ends in Prison, Sending Clear

January 16, 2026 2 mins read
Russia Prepares New Crypto Law Allowing Daily Use With Strict Retail Limits

Russia Prepares New Crypto Law Allowing Daily Use With Strict Retail Limits

Russia is preparing a new crypto law, which makes people use it in everyday life instead of treating it as a special or experimental asset. This plan was announced by Anatoly Aksakov, who was the head of the financial market committee in the State Duma. Earlier, Russia only allowed crypto

January 14, 2026 2 mins read
Changpeng Zhao Backs Non-Custodial Trading Platform Genius Through YZi Labs

Changpeng Zhao Backs Non-Custodial Trading Platform Genius Through YZi Labs

Changpeng Zhao(CZ), the founder of Binance, is back in crypto investing in a new trading platform, which is very different from Binance. Cz is backing a non-custodial platform. The Investment comes from the YZi Labs, which is the family office set up by CZ and Binance co-founder Yi He. YZi

January 14, 2026 2 mins read
Galaxy Warns Senate Crypto Bill Could Vastly Expand U.S. Financial Surveillance

Galaxy Warns Senate Crypto Bill Could Vastly Expand U.S. Financial Surveillance

Galaxy Digital, a crypto company, says that the new U.S. crypto bill, which is being discussed in the Senate, could give the U.S. government very strong powers to watch and freeze crypto activity. It says that these powers are as serious as the surveillance laws passed after 9/11. Why Galaxy

January 14, 2026 2 mins read
Nigeria Introduces New Rules To Track and Tax Cryptocurrency Transactions

Nigeria Introduces New Rules To Track and Tax Cryptocurrency Transactions

Nigeria has now officially started tracking crypto transactions by linking the people’s tax IDs. This is the part of the Nigeria Tax Administration Act 2025, which took effect along with the global crypto tax 2026. This means now crypto is no longer informal, and it has come under the government

January 13, 2026 2 mins read
Bank of Italy Warns ETH Price Crash Could Disrupt Ethereum Network

Bank of Italy Warns ETH Price Crash Could Disrupt Ethereum Network

A Bank of Italy study warns that if Ethereum prices crash badly, then the entire Ethereum network could stop working, freezing more than $800 billion worth of assets. Even assets that are supposed to be safe, like stablecoins and tokenized bonds, will be at risk. This warning comes from the

January 13, 2026 2 mins read
U.S. Lawmakers Push to Clarify Crypto Developer Liability Under Federal Law

U.S. Lawmakers Push to Clarify Crypto Developer Liability Under Federal Law

Two U.S. senators, Cynthia Lummis and Ron Wyden, have reintroduced a bipartisan bill called the Blockchain Regulatory Certainty Act to protect cryptocurrency developers from being wrongly treated as banks or financial institutions under U.S. law.  This bill can help resolve the issue between U.S. law and cryptocurrency developers. Right now,

January 13, 2026 2 mins read
India Tightens Crypto KYC Rules, Ends Anonymous Trading

India Tightens Crypto KYC Rules, Ends Anonymous Trading

India has introduced very strict rules for crypto exchanges and crypto users. The Rules were issued by India’s Financial Intelligence Unit (FIU), which aims to reduce fraud, money laundering, and misuse of crypto after several major exchange hacks and security incidents.  What India’s New Crypto KYC Rules Require From Users

January 12, 2026 2 mins read