West African regional union concerned with digital currency volatility
The Economic Community of West African States (ECOWAS) pointed to the recent volatility in the BTC price as a stark reminder that digital currencies aren’t a good store of value.
The Economic Community of West African States (ECOWAS) pointed to the recent volatility in the BTC price as a stark reminder that digital currencies aren’t a good store of value.
The regulator charged six promoters in May, and as per a new report, it’s set to settle with four of these, with penalties ranging from $526,000 to $3 million.
In a regulatory filing with the U.S. Securities and Exchange Commission, the company revealed it’s facing the penalties over issues related primarily to anti-money laundering and cybersecurity.
Michele Korver joins the federal agency after a run at the U.S. Department of Justice where she was instrumental in shaping some of today’s most critical digital currency policies.
The Reserve Bank of New Zealand will be consulting the public on how a CBDC can work alongside cash, as well as issues arising from digital currencies like Bitcoin (BSV) and stablecoins.
Beijing Qudao Cultural Development Company, a marketing and public relations firm registered in 2016, is accused of “providing software services to crypto trading activities.”
The exchange’s head believes that if Filipinos are going to trade digital currencies, the stock exchange is best placed to serve them over the existing exchanges.
The two raised $1.9 million by selling over 600 million native tokens, all while issuing false statements, presenting fake profitability statements and making unattainable promises to the investors, authorities said.
Claudio Oliveira was the president of the Bitcoin Banco Group, a Brazilian digital currency brokerage company that reportedly lost over 7,000 BTC following an alleged hack in 2019.
The prime minister has been pushing for e-governance as he seeks to make Vietnam’s government an efficient digital one, putting emphasis on big data, augmented reality, artificial intelligence and virtual reality.
The employee, whose name was withheld by the court, worked for Cryptopia before Cryptopia digital currency exchange fell victim to hackers.
Mirror Trading International grabbed headlines after it allegedly scammed 280,000 investors by posing as a multi-level marketing scheme, promising get-rich-quick returns for the investors.