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Article by Steve Kaaru

China: Beware of scammers in the ‘deceptive’ metaverse, banking watchdog warns
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24 February, 2022

China: Beware of scammers in the ‘deceptive’ metaverse, banking watchdog warns

The watchdog warned about the various scams in the metaverse, including illegal fundraising for pump-and-dump tokens and overhyped virtual real...
India: Authorities arrest 11 in $5.3M Ethereum scam
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23 February, 2022

India: Authorities arrest 11 in $5.3M Ethereum scam

The authorities arrested the leaders of Ether Trade Asia, which lured investors to its Ether investment funds and then made...
Russian Finance Ministry introduces digital asset draft law despite central bank objection
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23 February, 2022

Russian Finance Ministry introduces digital asset draft law despite central bank objection

The Finance Ministry has opened a public feedback period until mid-March on a piece of legislation that will make Bitcoin...
Ukraine legalizes digital currencies as it prunes market regulators
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22 February, 2022

Ukraine legalizes digital currencies as it prunes market regulators

The Ukrainian parliament has passed a bill giving digital currencies legal status after months of debate and has also reduced...
US court orders Terraform Labs and CEO Do Kwon to comply with SEC subpoena
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22 February, 2022

US court orders Terraform Labs and CEO Do Kwon to comply with SEC subpoena

Do Kown had argued that the securities regulator doesn’t have jurisdiction over him as he is a Korean national and...
Singapore won’t regulate ‘speculative and risky’ NFTs
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22 February, 2022

Singapore won’t regulate ‘speculative and risky’ NFTs

Singapore’s central bank says that the sector is still nascent and rather than regulating it in its current form, it...

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