#crackdown
crackdown
9,610 views
15 Discussing
Hot
Latest
ILLEGAL MINING RAID IN MALAYSIA — $BTC HASH RATE UNDER PRESSURE ⚠️
Malaysian police just raided an illegal mining setup in Port Klang, detaining two foreign nationals and seizing equipment. They face up to ten years and a 100k ringgit fine if convicted.
This isn't a massive operation, but it signals tighter enforcement in Southeast Asia. Stolen electricity and unregistered rigs have been flooding the network — any crackdown could tighten supply-side pressure on $BTC .
Does this kind of regulatory heat make you more cautious on mining plays this quarter?
Not financial advice. Always manage your risk.
#BTC #CryptoMining #Regulation #Crackdown
⚡
Malaysian police just raided an illegal mining setup in Port Klang, detaining two foreign nationals and seizing equipment. They face up to ten years and a 100k ringgit fine if convicted.
This isn't a massive operation, but it signals tighter enforcement in Southeast Asia. Stolen electricity and unregistered rigs have been flooding the network — any crackdown could tighten supply-side pressure on $BTC .
Does this kind of regulatory heat make you more cautious on mining plays this quarter?
Not financial advice. Always manage your risk.
#BTC #CryptoMining #Regulation #Crackdown
⚡
THAILAND LAUNCHES DATA SCREENING ON $USDT TRANSACTIONS ⚠️
Thailand's central bank is now actively scanning the stablecoin market with analytics tools, specifically targeting USDT movements to fight illegal fund flows and the "grey economy." Governor Vitat Ratanakorn confirmed they've flagged transactions that appear designed to bypass traditional banking.
The data point that caught my attention: since April, large cash withdrawals over $150,000 dropped 35% after mandatory verification was introduced. And gold withdrawal volumes crashed from 4,000 kg per month to just 700 kg. The net is tightening fast.
Are you factoring this regulatory heat into your stablecoin strategy?
Not financial advice. Always manage your risk.
#USDT #StablecoinRegulation #CryptoCompliance #Thailand #Crackdown
⚡
Thailand's central bank is now actively scanning the stablecoin market with analytics tools, specifically targeting USDT movements to fight illegal fund flows and the "grey economy." Governor Vitat Ratanakorn confirmed they've flagged transactions that appear designed to bypass traditional banking.
The data point that caught my attention: since April, large cash withdrawals over $150,000 dropped 35% after mandatory verification was introduced. And gold withdrawal volumes crashed from 4,000 kg per month to just 700 kg. The net is tightening fast.
Are you factoring this regulatory heat into your stablecoin strategy?
Not financial advice. Always manage your risk.
#USDT #StablecoinRegulation #CryptoCompliance #Thailand #Crackdown
⚡
Log in to explore more content