Steve Kaaru

Article by Steve Kaaru

PlusToken scam: China seizes $4.2B in digital currencies
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2 December, 2020

PlusToken scam: China seizes $4.2B in digital currencies

Court documents from the Jiangsu Yancheng Intermediate People's Court revealed that Chinese police had seized over $4.2 billion in digital...
Bank of Russia discusses digital ruble plans with bank execs
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2 December, 2020

Bank of Russia discusses digital ruble plans with bank execs

The Russian central bank recently met with some of the country’s commercial banks to discuss the proposed digital ruble.
Facebook fined $6.1M in South Korea for sharing user data without consent
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1 December, 2020

Facebook fined $6.1M in South Korea for sharing user data without consent

South Korean authorities have been investigating Facebook since 2018 following the Cambridge Analytica scandal, according to reports.
Africa’s Bitcoin regulation is on right track, but there’s still long way to go
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1 December, 2020

Africa’s Bitcoin regulation is on right track, but there’s still long way to go

Africa’s profile as a significant player in the digital currency industry has continued to grow in recent years, Steve Kaaru...
OECD to introduce digital currency tax standards in 2021
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1 December, 2020

OECD to introduce digital currency tax standards in 2021

The Organization for Economic Cooperation and Development is reportedly eyeing an international digital currency standards by 2021.
Facebook Libra taps ex-OCC exec as lead counsel
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30 November, 2020

Facebook Libra taps ex-OCC exec as lead counsel

The Libra Association has announced Saumya Bhavsar as the general counsel for its payment subsidiary, Libra Networks.