BTC $78,734.73 -0.56%
ETH $2,499.86 +0.25%
BNB $753.49 +1.82%
XRP $1.44 +3.05%
SOL $104.26 +0.35%
TRX $0.3389 +1.52%
DOGE $0.0906 +0.80%
ADA $0.2252 +2.11%
BCH $258.12 -0.90%
LINK $12.71 -0.69%
HYPE $84.36 -0.91%
AAVE $130.13 -1.56%
SUI $0.8240 +0.37%
XLM $0.1902 +0.01%
ZEC $1,180.84 +1.87%
BTC $78,734.73 -0.56%
ETH $2,499.86 +0.25%
BNB $753.49 +1.82%
XRP $1.44 +3.05%
SOL $104.26 +0.35%
TRX $0.3389 +1.52%
DOGE $0.0906 +0.80%
ADA $0.2252 +2.11%
BCH $258.12 -0.90%
LINK $12.71 -0.69%
HYPE $84.36 -0.91%
AAVE $130.13 -1.56%
SUI $0.8240 +0.37%
XLM $0.1902 +0.01%
ZEC $1,180.84 +1.87%

pt

All
Article
Flash

first_img Bit2Me established Bit2Shield to assist law enforcement in tracking cryptocurrency assets

Spain's largest cryptocurrency exchange Bit2Me announced the establishment of an independent company Bit2Shield (registered name CryptoShield S.L) to assist courts, police, and financial institutions in tracking, seizing, storing, and selling cryptocurrency assets. This department will support investigators in extracting wallet data, locating cryptocurrency assets, and issuing digital signature forensic reports that can be used in court, while also being responsible for fraud investigations, source of funds verification, and providing training for police, judges, and banks.This move formalizes the work Bit2Me previously conducted for public institutions. In 2025, Bit2Me handled seized cryptocurrency assets worth 1.5 million euros (approximately 1.74 million dollars) for Interpol, Europol, and the Spanish police, using blockchain analysis company Chainalysis to track the assets. Bit2Shield will store seized assets in cold wallets that require multiple signatures and arrange for their sale when ordered by authorities, with proceeds transferred to government bank accounts in euros.Bit2Shield is part of Bit2Me's expansion from retail trading to banking and public institution infrastructure, with investors including Bankinter, Unicaja, Cecabank, Telefónica, and Tether. Since Bit2Shield focuses on investigations, forensics, and training, it is not considered a cryptocurrency service provider under the EU's Markets in Crypto-Assets Regulation (MiCA); any operations involving the exchange of cryptocurrency for euros will be handled by Bitcoinforme S.L., an entity authorized by the Spanish securities regulator MiCA under Bit2Me.

first_img AUSTRAC in Australia revoked the registrations of 45 cryptocurrency and remittance institutions within a year

Australia's financial intelligence agency AUSTRAC has canceled, suspended, or refused to renew the registrations of 45 cryptocurrency and remittance service providers in the past year to strengthen the scrutiny of high-risk payment businesses. The involved institutions faced issues such as inactivity, insolvency, or lack of operational capability, as well as failure to report significant changes, incorrect registration information, and significant money laundering or terrorism financing risks. AUSTRAC CEO Brendan Thomas stated that businesses whose registrations have been canceled are not allowed to continue operations, and some related individuals have been referred to domestic and international law enforcement or regulatory agencies. AUSTRAC specifically mentioned BA Digital Ventures operating under the name GetCoins, whose virtual asset registration was canceled in June due to customer complaints, allegedly because the platform was exploited by organized cryptocurrency investment scams, with related actions conducted in cooperation with the national anti-fraud center. The public VASP registration list also included recent disposals of institutions such as Cryptolink, Self Custody, Jam Xchange, and Coinsec Australia. Additionally, AUSTRAC has launched an investigation into Western Union and suspended the cryptocurrency ATM network of Cryptolink.
app_icon
ChainCatcher Building the Web3 world with innovations.