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Article by Steve Kaaru

Digital currency fraud in Canada up 400%, police say
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27 March, 2021

Digital currency fraud in Canada up 400%, police say

Digital currency scams have varied over the years, ranging from those targeting victims’ greed such as “double-your-money” scams to those...
Token-based social media BitClout raising lots of money—and eyebrows
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26 March, 2021

Token-based social media BitClout raising lots of money—and eyebrows

BitClout brands itself as a social media-based platform where users can buy and sell tokens based on people’s reputations.
Naver joins Morgan Stanley, Visa and JPMorgan in eyeing Bithumb stake: report
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25 March, 2021

Naver joins Morgan Stanley, Visa and JPMorgan in eyeing Bithumb stake: report

South Korea’s biggest internet company Naver has joined the race to acquire a stake in Bithumb digital currency exchange.
OKEx Korea to shut down on April 7, cites new AML rules
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24 March, 2021

OKEx Korea to shut down on April 7, cites new AML rules

The revised Financial Transactions Reports Act prohibits order book sharing, stating, “Cryptoasset providers may not allow customers to trade with...
Nigeria’s central bank didn’t ban digital currencies, official clarifies
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24 March, 2021

Nigeria’s central bank didn’t ban digital currencies, official clarifies

The central bank’s directive only applied to banks, prohibiting them from processing transactions related to digital currencies, an official said.
China’s digital yuan will be private but not anonymous: CBDC lead
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24 March, 2021

China’s digital yuan will be private but not anonymous: CBDC lead

The controllable anonymity will protect the central bank digital currency against criminal use and ensure the bank can track all...

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