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Article by Steve Kaaru

South Africa’s Mirror Trading BTC scam to pay $1.7B in CFTC case
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12 September, 2023

South Africa’s Mirror Trading BTC scam to pay $1.7B in CFTC case

Mirror Trading allegedly scammed 30,000 BTC from over 23,000 American investors, which it misappropriated, and CFTC imposed restitution of over...
Taiwan cracks down on non-compliant digital currency exchanges under new guidelines
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12 September, 2023

Taiwan cracks down on non-compliant digital currency exchanges under new guidelines

Taiwan’s financial regulator is set to issue 10 guidelines for the industry, including requiring segregation of customer funds and enhanced...
Kenyan lawmakers grill Worldcoin CEO, call the project ‘a gang of criminals’
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12 September, 2023

Kenyan lawmakers grill Worldcoin CEO, call the project ‘a gang of criminals’

Worldcoin CEO Alex Blania appeared before an ad hoc parliamentary committee to defend his project, which had invested $17 million...
Singapore’s new president is a digital asset sceptic who once called crypto ‘slightly crazy’
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11 September, 2023

Singapore’s new president is a digital asset sceptic who once called crypto ‘slightly crazy’

Tharman Shanmugaratnam, who won over 70% of the votes to become president, is a former MAS chair and IMF executive...
Linus Financial settles SEC charges over digital asset lending product
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11 September, 2023

Linus Financial settles SEC charges over digital asset lending product

Linus Financial offered interest-bearing accounts to U.S. investors, which the securities regulator says is a securities contract, but it took...
Google updates digital asset policy to allow NFT gaming ads
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11 September, 2023

Google updates digital asset policy to allow NFT gaming ads

Google now permits ads from games that use NFTs to allow users to purchase in-game items to enhance experience, although...

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