Another day, another crypto scam busted. The payouts for conducting financial scams are high, which attracts individuals looking to make a quick buck, but it is only a matter of…
Where did $850 million worth of Bitfinex corporate and client funds go? This is the question US prosecutors have been attempting to have the firm answer since April last year.…
In a surprising move, the US Securities and Exchange Commission (SEC) on July 6 approved a cryptocurrency fund based in California - the Arca US Treasury Fund. Managed by Los-Angeles…
The US has made multiple attempts to crackdown on the digital assets industry, even going as far as policing individual cryptocurrency holders in declaring the total amount of crypto assets…
Brazil is taking a firm stance against derivatives trading as the Brazilian Securities and Exchange Commission banned Binance, the world’s largest cryptocurrency trading platform by trading volume, from offering its…
After temporarily shelving the idea to create a digital yen in the central bank digital currency (CBDC) race just as the competition between the world’s leading countries was heating up,…
The moniker central bank digital currency (CBDC) was coined to introduce the concept of a digitized version of physical fiat currency as we know it and as the name implies,…
At the annual Digital Finance Outreach conference which took place last week, the European Commission’s Executive Vice President Valdis Dombrovskis announced in his closing speech that it is time for…
Encrypted chat messaging features found in apps such as WhatsApp, Signal and Telegram have been a hit with users in an age when increasing privacy concerns plague large swathes of…
Telegram’s legal woes continue as the US Securities and Exchange Commission (SEC) filed a disgorgement order with the New York Southern District Court proposing that Telegram pay $1.2 billion on…