British Security Think Tank’s Report Warns NFTs Could Bolster Money Laundering Schemes

British Security Think Tank's Report Warns NFTs Could Bolster Money Laundering SchemesThe Royal United Services Institute (RUSI), the British defense and security think tank, questions whether or not non-fungible token (NFT) assets can be used for money laundering purposes. The report determines that in order to mitigate the money laundering risks a ‘know your customer’ monitoring system “needs to be implemented.” RUSI: ‘NFT Technology Can Raise […]

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Indian Lawmaker Says ‘Cryptocurrency Is Inevitable’

Indian Lawmaker Says 'Cryptocurrency Is Inevitable'Indian Parliament member Dr. Subramanian Swamy has shared his view on cryptocurrency. Advocating for India to make the transition to crypto, he reportedly said, “cryptocurrency is inevitable.” The lawmaker will chair a conference at the UN India’s headquarters next week where issues surrounding cryptocurrency in the country will be discussed. Also read: Regulatory Roundup – […]

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The Daily: EU Urged for Common Crypto Rules, EEU Ready for Common Crypto

The Daily: EU Urged for Common Crypto Rules, EEU Ready for Common CryptoA Brussels-based think tank has urged the European Union to adopt common crypto regulations. Its report will be reviewed during this week’s meeting of the EU finance ministers in Vienna. Also in The Daily, the Eurasian Economic Union may adopt a single settlement currency, possibly a crypto, Samsung Pay offers a tokenized money transfer service […]

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ETH Bots Run Rampant While Twitter Claims to Ban Lookalike Accounts

ETH-Bots Run Rampant While Twitter Claims to Ban Look-Alike AccountsAccording to reports the social media platform Twitter has been deleting millions of fraudulent accounts per day, and stated during the first week of July that it suspended more than 70 million accounts throughout May and June. However, the cryptocurrency industry is still plagued by tons of ‘ETH scam-bots’ pretending to be bitcoin luminaries and […]

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Major Think Tank Envisions a Bright Future for Cryptocurrency in Venezuela

Addressing the financial situation in Venezuela will pose many challenges. Cryptocurrencies are still in the best position to make a meaningful impact in this regard. The Center for Strategic and International Studies is thinking along the same lines. Venezuela Needs Cryptocurrencies to Survive The financial struggles taking place in Venezuela have been documented quite often […]

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