The Bangko Sentral ng Pilipinas (BSP), the central bank of the Philippines, has cautioned the public against scams involving AI-manipulated videos and audios, which are used to spread false information, particularly about cryptocurrency investments. The BSP emphasizes that Governor Eli M. Remolona Jr. does not endorse the purported cryptocurrency project “Tesler Code” or any other […]
The potential for a ban on cryptocurrency mining in regions classified as ‘energy deficient’ has hindered the ability to reach a consensus on the approval of cryptocurrency mining regulations in Russia. The proposed bill, which is expected to pass in August, would give authorities the power to declare mining operations in these regions illegal, based […]
Argentina and Brazil are part of the top ten countries with the most crypto ownership, according to a recent report issued by Triple-A, a provider of digital currency white-label payment solutions. Argentina took the fourth place in the list, with 18.9% of its population holding cryptocurrency, while Brazil appears in sixth place with 17.5%. Argentina […]
Tangem announced the launch of its Tangem Ring cryptocurrency hardware wallet on Wednesday, touting it as “the world’s first ring-shaped crypto wallet,” designed to “transform how people interact with cryptocurrencies.” The company stated that users can now wear their crypto, providing instant access to over 6,000 assets and various services directly on their fingers. The […]
On July 16, the Nigeria Police Force confirmed the arrest of Linus Williams, a self-proclaimed crypto billionaire also known as Blord. Williams faces charges related to internet fraud, terrorism funding, and violations of the Central Bank of Nigeria (CBN) Act. According to a police spokesman, some of Williams’ alleged crimes involve the use of cryptocurrency […]
Argentina has recently released the rules that will govern the previously approved legislative package affecting the inclusion of cryptocurrency and other undeclared assets in the country’s tax system. The benefits will only be available to taxpayers who hold their assets in registered VASPs. These taxpayers will be exempt from taxes for up to $ …
A Queens woman, Yue Zhou, has been indicted on charges of murder for hire, following an investigation led by Homeland Security Investigations (HSI) New York. Zhou allegedly used a dark web site to solicit a hitman, offering cryptocurrency, cash, and sexual favors. Murder for Hire via Dark Web The Homeland Security Investigations (HSI), a premier […]
U.S. Treasury Secretary Janet Yellen has addressed concerns about Russia using cryptocurrency to evade sanctions. During her testimony before the House Financial Services Committee, Yellen acknowledged the potential threat, noting that while it may not be a significant issue now, it could become more concerning as sanctions intensify. Yellen: We Are Very Attentive to the […]
In a recent letter to U.S. President Joe Biden, the Chamber of Progress, a tech industry coalition, called for comprehensive cryptocurrency regulation. The group emphasized the importance of a clear regulatory framework for digital assets, highlighting the potential benefits for both investors and the U.S. economy. Chamber of Progress to Biden: Seize Opportunity for Comprehensive […]
The meme coin market continues to capture the imagination of cryptocurrency enthusiasts worldwide, with two standout tokens at the center of attention: Mpeppe (MPEPE) and Bonk (BONK). Mpeppe (MPEPE) is making significant waves with its innovative approach, while Bonk (BONK) is striving to achieve further gains. This article explores the current state of these meme […]
Sony Group, the Japanese multinational conglomerate, will enter the cryptocurrency trading services business through its newly revamped S.BLOX subsidiary. The company, previously known as Amber Group, operated a cryptocurrency exchange called “Whalefin,” which will be renewed with the release of a new app, new functions, and support for more cryptocurrency assets. Sonny Group to Dabble […]
The Russian State Duma is considering a bill related to cryptocurrency mining and sales, but the legislation is not expected to be approved by fall. The bill aims to legalize crypto mining and allow the sale of mined digital currency. Currently, cryptocurrency cannot be used for settlements in Russia. The proposed law specifies that digital […]
According to a Nigerian regulator, young people who are adopting cryptocurrencies are drawn to their secrecy, and many of them do not have bank accounts. However, the regulator also stated that the Securities and Exchange Commission (SEC) will continue to caution users about the potential risks of investing in this asset class. Crypto Cannot Be […]
PRESS RELEASE. One of the biggest cryptocurrency exchange services in Croatia, Electrocoin, has recently launched their new cryptocurrency exchange platform called Electrocoin Trade, providing services for natural and legal clients in the EU. The platform includes two core services – cryptocurrency exchange and trading service without prior registration to the platform, and cryptocurrency exchange and […]
Itau Unibanco, the largest bank in Brazil and all of Latam, has reported the availability of cryptocurrency trading services for all its users. Through Ion, the bank’s in-house investment platform, customers can purchase bitcoin (BTC) and ether (ETH), a feature previously available to selected users. Brazilian Banking Giant Itau Unibanco Opens Cryptocurrency Trading Services for […]