News

```  Manhattan District Attorney Alvin Bragg urges New York State lawmakers to strengthen enforcement in the cryptocurrency sector and warns that cryptocurrency has become an important tool for money laundering and organized crime. He calls for the implementation of a mandatory licensing system, enforcement of customer identification rules, and criminal penalties for unlicensed cryptocurrency companies, while pointing out that current laws have flaws that limit prosecutors' enforcement authority. Experts say that stricter regulatory rules may curb large-scale fraud, but the effectiveness of policies will depend on the technical capabilities of law enforcement agencies and the clarity of relevant legal provisions. ```

BlockBeats News, January 15th. According to official sources, Bitget PoolX will soon launch the FUN project, with a total reward pool of 8,331,000 FUN. The lock-up channel will be open from January 15th, 22:00 to January 21st, 22:00 (UTC+8). In this round of PoolX, two lock-up pools will be opened, including: BTC Lock-up Pool Airdrop Amount: 4,332,000 BTC Individual Lock-up Limit: 50 BTC ETH Lock-up Pool Airdrop Amount: 3,999,000 ETH Individual Lock-up Limit: 1,500 ETH Users with a net deposit of BTC or ETH during the event period will receive a 5% BTC and 8% ETH wealth management coupon after the end of PoolX. Additionally, for users participating in PoolX for the first time, if they meet the net deposit requirements, they will also receive an additional 10% BTC and 15% ETH coupon. The deadline for net deposits is January 20th, 12:00 (UTC+8).

PANews, January 15—According to Decrypt, Manhattan District Attorney Alvin Bragg has urged New York state lawmakers to criminalize unlicensed crypto businesses and called for enhanced enforcement tools to combat crypto-related crime. Bragg warned that a $51 billion criminal economy is thriving by exploiting regulatory loopholes, enabling criminals to launder proceeds from guns, drugs, and fraud with impunity. He specifically pointed out that unlicensed crypto ATMs, which charge fees as high as 20% to convert cash into digital assets, are one of the main issues. He advocated that all crypto businesses must be subject to mandatory licensing and comply with Know Your Customer (KYC) regulations, with violators facing criminal liability. If the proposal passes, New York would become the 19th state in the US to criminalize unlicensed crypto operations.