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British Bank Natwest Implements New Limits on Cryptocurrency Payments to Combat UK Crypto Scams

[Mar 15, 2023 12:00 PM] On March 14, 2023, the U.K.-based bank Natwest Group announced new limits on cryptocurrency payments, citing crypto scams that cost U.K. consumers £329 million annually. The limit imposed on crypto exchanges is £1,000 daily ($1,215), with a 30-day…

Nigerian Crypto Leverage Searches Second-Highest Globally — Africa Dominates Searches for Leveraged Trading Products

[Mar 5, 2023 1:00 AM] According to an analysis of Google searches by Leverage Trading, Nigeria is the “second-highest country in the world for searches related to crypto leverage.” Along with South Africa and Ghana, the West African nation also dominates…

US Treasury and White House to Hold Regular Meetings on CBDCs and Payment Innovations

[Mar 2, 2023 9:30 AM] On March 1, 2023, Nellie Liang, undersecretary for domestic finance at the U.S. Treasury, delivered a speech to the Atlantic Council in Washington concerning the subject of central bank digital currencies (CBDCs). Liang detailed during her speech…

France on the verge of passing stringent crypto firm licensing laws

[Feb 28, 2023 8:01 PM] The bill was passed with a vote of 109 in favor and 71 against and will now rely on the approval of president Emmanuel Macron to be signed into law.

'Unworkable' bill to ban blockchain immutability is introduced in Illinois

[Feb 19, 2023 11:36 PM] Florida-based lawyer Drew Hinkes described the bill as “the most unworkable state law” related to blockchain and cryptocurrency that he has ever seen.

IMF Report on El Salvador’s Bitcoin Adoption: Risks Averted, but Transparency Needed

[Feb 12, 2023 3:00 AM] According to a recent mission statement published by the International Monetary Fund (IMF), El Salvador has adopted bitcoin as legal tender and has avoided risks so far. The IMF states that the risks have not materialized due to the limited use of…

Australian Government Says It Is Working to Ensure ‘Regulation of Crypto Assets Protects Consumers’

[Feb 5, 2023 4:00 AM] The Australian government has said it will take steps to ensure the “regulation of crypto assets protects consumers” and one of these steps will be the reforming of “the licensing and custody of crypto assets.” The Anthony…

Australia bolsters crypto watchdogs in ''multi-stage' plan to fight scams

[Feb 2, 2023 10:38 PM] The new measures from the Australian government come as cryptocurrency scams skyrocketed 162% to $221 million in 2022.

New South African Code Says Crypto Asset Ads Must Include Capital Loss Warning

[Jan 25, 2023 3:30 AM] Crypto asset service providers in South Africa seeking to attract investors via advertisements must “expressly and clearly state that investing in crypto assets may result in the loss of capital.” Influencers working on behalf of crypto…