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South Africa Police Issue Arrest Warrant for Fraud-Accused Crypto Trader
12.10.2021
Reports from South Africa say the country’s police have now issued a warrant for the arrest of Sandile Shezi, a 29-year-old cryptocurrency trader. The warrant was issued after one Allan Ledwaba, an investor with Shezi’s Global Forex Institute, accused the cryptocurrency trader...
Crypto Exchange Binance Terminates Some Services in South Africa After Warning by Regulator
9.10.2021
Binance has announced that it is terminating some services in South Africa to comply with regulations. This move followed a warning issued by the South African financial regulator that Binance Group was not authorized to give any financial advice or render any intermediary services in the country....
Central Bank of Uruguay Describes Roadmap to Crypto Asset Regulation
6.10.2021
The Central Bank of Uruguay has issued a statement describing a roadmap for the regulation of cryptocurrency assets in the near future. The institution stated it has established a group to examine the best way possible to regulate these assets, considering the realities of the crypto industry....
South African University to Commence Blockchain and Digital Currency Education in November
4.10.2021
A South African university, the University of Cape Town (UCT) has revealed it will commence blockchain and digital currency classes starting in November. According to the institution, students that enroll and complete the $693 six-week course will be issued a legal certificate. Better Understanding...
Regulator is Like a ‘Bulldozer’ but Crypto is ‘Resistant to State Control’
29.9.2021
rel="noopener noreferrer" href="https://www.cftc.gov/PressRoom/PressReleases/8433-21">issued “an order filing and settling charges against respondent Payward Ventures, Inc. d/b/a Kraken […] for illegally offering margined retail commodity transactions in digital assets,” including
DYDX Soars as Protocol Sees Trading Volume Double That of Coinbase
27.9.2021
t price of USD 20.82, the newly issued token has already risen more than 80% since coming into circulation on September 8 this year.Price of DYDX. Source: CoinGeckoThe rise today follows yesterday's tweet from dYdX founder Antonio Juliano in which he said that dYdX Protocol now, for the first
Russian Court Confirms Arrest Warrants for 3 Finiko Founders
20.9.2021
Tatarstan’s highest court has rejected appeals against arrest warrants issued for three co-founders of the notorious Finiko crypto pyramid. The top representatives of the Ponzi scheme, accused of large-scale fraud in Russia, are still hiding abroad, media reports reveal. Three Finiko Ponzi...
Walmart Investigates How Fake Press Release of Its Partnership With Litecoin Got Posted
14.9.2021
Following the fake news of its partnership with Litecoin, Walmart Inc. says it is looking into how the fraudulent press release was issued. The Litecoin Foundation and Charlie Lee are also investigating the matter. In addition, Globenewswire says it will also work with authorities “to...
ZPAE Solves World Retail Challenges Using FinTech at Sharjah Research Technology and Innovation Park
14.9.2021
PRESS RELEASE. Sharjah, September 2021 – The Sharjah Research Technology and Innovation Park (SRTIP) issued its third Distributed Ledger Technologies license (DLT) to ZelaaPayAE. Focusing on numerous areas related to the exchange of value, ZelaaPayAE works strongly to advance tokenisation...
Nigeria’s CBDC ‘a Safer Option’ Than Privately Issued Cryptocurrencies: Central Bank Official
14.9.2021
As part of the Central Bank of Nigeria (CBN)’s digital currency charm offensive, Folashodun Shonubi, the institution’s deputy governor, has claimed that the country’s upcoming central bank digital currency (CBDC) will be a “safer option from privately issued...
US SEC Issues Warning on Crypto Investment Scams Citing ‘Some Investors May Have FOMO’
12.9.2021
The U.S. Securities and Exchange Commission (SEC) has issued a warning about fraudulent investment schemes involving cryptocurrencies. The regulator notes that some investors may have fear of missing out (FOMO) given the rise in prices of some crypto assets in recent years. SEC Warns Investors...
TimeCoin(TMCN) Is Planning to Offer an Innovative DeFi System Called Creator Sponsor Staking
9.9.2021
PRESS RELEASE. TimeCoinProtocol is a decentralized sharing economy protocol which aims to optimize world resource usage. Various applications can be built and run on the TimeCoinProtocol including third party applications. The project puts a strong focus on the Gig Economy and Creator Economy....
Sunacrip and Venezuelan Intelligence Police Issue Warning on Cryptocurrency Scams
6.9.2021
Sunacrip, the Venezuelan cryptocurrency watchdog, and the Intelligence Police (CICPC) issued a warning for the general population about cryptocurrency scams. The institutions gave a series of recommendations to avoid being scammed by cryptocurrency Ponzi schemes involving the national...
Crypto Exchange Binance Ceases Trading in Singapore Dollars to Comply With Regulations
6.9.2021
Cryptocurrency exchange Binance has announced that it will cease offering trading pairs and payment options in Singapore dollars to remain compliant with the country’s regulators. The announcement followed a notice issued by the Monetary Authority of Singapore (MAS) stating that Binance...
Australia, Singapore, Malaysia, and South Africa to Trial Cross-Border Digital Currency Payments
3.9.2021
The central banks of Australia, Singapore, Malaysia, and the Republic of South Africa have set out to test the use of state-issued digital currencies in cross-border payments. The trial, led by the Bank for International Settlements, aims to establish whether they can simplify transactions and make...
IMF: Bitcoin Is Privately Issued Crypto With Substantial Risks, Inadvisable as Legal Tender
30.8.2021
The International Monetary Fund (IMF) says that crypto assets, like bitcoin, are privately issued with substantial risks, and “Making them equivalent to a national currency is an inadvisable shortcut.” The crypto community disagrees. IMF Claims Bitcoin Is Privately Issued Crypto With...
Founder of the Bitcoin Mixer Helix Pleads Guilty to Money Laundering Charges
18.8.2021
Larry Dean Harmon, founder and operator of the bitcoin mixing service Helix has pleaded guilty on Wednesday to money laundering charges. Harmon’s guilty plea follows the U.S. Treasury’s Financial Crimes Enforcement Network (Fincen) fining Harmon $60 million last year. Helix Operator...
Ukraine’s Digital Ministry Plans to Pay Employees With Digital Hryvnia in Pilot Project
18.8.2021
Employees of Ukraine’s Ministry of Digital Transformation may become the first in the country to get their salaries in digital currency. The National Bank of Ukraine is developing an electronic version of the Ukrainian hryvnia and the ministry is considering the option of using...
Kenyans Cautioned Against Investing in BTC Company Promising Returns of 400% in Six Hours
18.8.2021
A Kenyan regulator, the Capital Markets Authority (CMA), has cautioned investors and Kenyan citizens against investing with Fxbitinvest, a bitcoin trading company. The warning was issued after the regulator noted Fxbitinvest’s use of exaggerated return-on-investment promises to lure...
New Draft Law in Uruguay Could Legalize Crypto as Payment Method
6.8.2021
A new draft law introduced to the Senate in Uruguay could regulate cryptocurrency transactions, and also legalize cryptocurrency as an accepted payment method in the country. If approved, the draft proposed by Senator Juan Sartori would also introduce licenses for Virtual Asset Service Providers...