The central bank of Russia has advised commercial banks on how to identify and block cards and wallet accounts used by shady businesses. Together with unlawful foreign exchange sellers and monetary pyramids, the regulator has additionally
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With South Korean regulators set to shut down local cryptocurrency exchanges that fail to meet up the requirements before the deadline later in September, buyers within the nation might expertise losses price over $2.5 billion.
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The death of DeFi in the summer of 2020 has been grossly exaggerated. The truth is, Ethereum and DeFi are storming forward, and getting loads of consideration within the media sphere. While the days of
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The head of the Bank of International Settlements (BIS) Innovation Hub, Benoît Cœuré, has urged central banks to act now on central bank digital currencies (CBDCs) to compete with initiatives in the private sector, together
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The U.S. Securities and Change Fee (SEC) has issued a warning about fraudulent funding schemes involving cryptocurrencies. The regulator notes that some investors may have fear of missing out (FOMO) given the rise in prices
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The leader of a cryptocurrency scheme that swindled over $30 million from investors has pleaded guilty to fraud, the U.S. Department of Justice (DOJ) said. He now faces a most sentence of 20 years in jail.
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A former federal prosecutor says that the U.S. Securities and Alternate Fee (SEC) “will cease at nothing to manage all the crypto area.” The SEC has now threatened to sue the Nasdaq-listed crypto exchange Coinbase. The
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The European Central Financial institution (ECB) says it’s “beginning to examine” a digital euro by launching a two-year investigation. ECB President Christine Lagarde believes the ECB should be ready to respond to people’s demands for digital
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The UK Monetary Conduct Authority (FCA) is trying to regulate the promotion of cryptocurrency property which might trigger hurt to inexperienced buyers. FCA Worried About Celebrity Promotion of Crypto Tokens Based on Reuters on Monday
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