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Central Bank of Argentina Issues New Compliance Rules for Digital Wallets


The Central Bank of Argentina has issued a new set of rules for operators of digital wallets in the country. Customers of companies like Uala, a wallet popular in Argentina, will now be qualified as financial users, having new protections similar to those offered by banks and other financial...

Apple Shielded From Crypto Wallet App Lawsuit, Judge Rules


A federal judge in California has ruled that Apple Inc. is shielded from the “Toast Plus” class action lawsuit where a fake crypto wallet app was available in the Apple App Store. A customer sued the tech giant after downloading the fraudulent app and lost some crypto. Apple...

Fugitive Founder of Turkish Crypto Exchange Thodex Arrested in Albania


Albanian authorities have detained the founder and chief executive of the Turkish cryptocurrency exchange Thodex, who allegedly fled Turkey with customer funds as the trading platform collapsed. Faruk Fatih Ozer was wanted for fraud with a red notice issued by Interpol. Albania Captures Alleged...

British Fintech Revolut Granted Crypto License in Cyprus


U.K.-based digital bank Revolut has been authorized by Cyprus to provide cryptocurrency services to millions of customers on the Old Continent. The fintech firm says the regulatory approval will allow it to establish a European crypto hub in the island nation. Revolut to Expand Crypto Services...

German Crypto Exchange Nuri Files for Insolvency


Cryptocurrency exchange Nuri has filed for insolvency, reportedly becoming Germany’s first fintech to take the step in a challenging year for startups in the industry. Customer access to the platform’s services and their funds will not be affected, the company assured. Crypto Exchange...

The CoinLoan Customer Satisfaction Survey Confirms Crypto’s Bright Future


xx 2022, Tallinn: Even though recent market challenges have impacted the crypto market, most investors remain optimistic about its future – a CoinLoan survey revealed.  All CoinLoan customers were invited to complete a survey about their level of satisfaction with the company’s services...

Saudi Chemicals Producer SABIC Launches Blockchain Pilot Project


A Saudi Arabia-based chemical manufacturer has said its recently launched blockchain pilot is expected to uncover the possibilities of the technology “in supporting end-to-end digital traceability of circular feedstock in customer products.” The benefits expected to accrue from using...

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