48 / 238 Relevant items tagged with #Cryptocurrency

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Worldcoin Gets Hit With $200,000 Fine in Buenos Aires

[Jul 27, 2024 8:08 PM] Worldcoin, the biometric, iris-based ID and universal basic income (UBI) project, has been sanctioned with fines for over $200,000 in the Buenos Aires province. The fines answer to several violations of the National Consumer Defense Law, such as…

Bitcoin Policy Group Urges UK to Retain Bitcoin Holdings

[Jul 27, 2024 11:40 AM] The Bitcoin Policy Group has issued a warning to the United Kingdom, advising against the sale of its 61,000 bitcoins. The group argues that maintaining these holdings is crucial for the nation’s economic strategy and future financial…

FBI Seizes Cryptocurrency Linked to North Korean Ransomware

[Jul 27, 2024 3:30 AM] A grand jury in Kansas City indicted North Korean national Rim Jong Hyok for his role in a conspiracy involving ransomware attacks on U.S. hospitals and healthcare providers. The group laundered cryptocurrency proceeds and used the funds for…

Philippines Plans to Introduce Wholesale CBDC by 2029

[Jul 27, 2024 12:30 AM] Bangko Sentral ng Pilipinas (BSP) plans to introduce its wholesale central bank digital currency (CBDC) by 2029. The Philippine central bank’s CBDC initiative is near its proof-of-concept completion. “This is an innovative payment…

Russia Advances Cryptocurrency Mining Bill

[Jul 26, 2024 9:30 PM] Russia’s State Duma has advanced a bill to regulate cryptocurrency mining, aiming to curb illegal activities and promote investment and employment. Proposed by the chairman of the Duma Committee on Financial Markets and supported by key…

Salvadoran Basic Goods Basket Rose to Historic Highs in June

[Jul 26, 2024 2:30 PM] The price of the Salvadoran basic goods basket, a group of foods and vegetables considered essential, rose to all-time high levels in June. The increase was pushed due to the price hikes in vegetables, going over the $260 barrier and reaching…

Bitcoin Supply Drop Signals Upbeat Price Movement, Analyst Says

[Jul 26, 2024 8:30 AM] After its latest halving event, Bitcoin sent a positive signal throughout the crypto market. Historically, this big drop in supply has been connected to notable price gains, which has inspired investor hope. The halving, which cut the rate at which…

Georgia Man Sentenced to Prison for Cryptocurrency Computer Fraud

[Jul 26, 2024 12:30 AM] Steven Drawdy, 40, of Grovetown, Georgia, has been sentenced to 32 months in U.S. prison for wire fraud after defrauding over 40 customers in a cryptocurrency computer scheme. Drawdy, who participated in an online cryptocurrency discussion forum…

Washington Regulator Warns of Miami Equity Fund 005 Crypto Fraud

[Jul 25, 2024 11:30 PM] The Washington State Department of Financial Institutions (DFI), Securities Division, has warned about crypto investment fraud following a complaint from a resident regarding their investment in the Miami Foundation Equity Fund 005 (or Miami Equity…