Nigerian Deposit Insurance Corporation Warns Against Crypto Dependency
The CEO of the Nigeria Deposit Insurance Corporation says citizens take a high risk by relying on crypto, since there is little regulation Go to Source Powered by WPeMatico
Month: July 2019
Croatian Post Launches Pilot Program for Crypto-to-Fiat Exchange
The Croatian Post is trialing a crypto-to-fiat service at some of its postal offices, using QR codes to facilitate conversion Go to Source Powered by WPeMatico
US Department of Justice Accuses Crypto Exec of $7 Million Fraud Scheme
The U.S. Department of Justice has accused a man of pocketing clients’ money through a crypto transaction fraud scheme Go to Source Powered by WPeMatico
Brazilian Trade Official Says Tax Reform Will Lead to Evasion Via Crypto
The head of a major Brazilian trade association said that a proposed tax reform could force people to turn to cryptocurrencies to evade taxes Go to Source Powered by WPeMatico
Ripple CEO Brad Garlinghouse Concerned About Effects of Facebook’s Libra
Brad Garlinghouse, CEO of crypto startup Ripple, is concerned about the regulatory response that the Libra stablecoin could potentially cause Go to Source Powered by WPeMatico
Bank of America’s Blockchain Foray: Patent Trolling or Hedging Risks?
Does America’s second-largest bank want to stay relevant or to freeze out prospective competition from the blockchain side? Go to Source Powered by WPeMatico
Overstock’s tZERO Subsidiary Rolls Out Android Version of Crypto App
Overstock’s digital currency arm tZERO has released an Android version of its recently launched cryptocurrency mobile application Go to Source Powered by WPeMatico
Venezuelan Government Accused of Using Bitcoin to Bypass US Sanctions
Nicolás Maduro and the United Socialist Party of Venezuela have been accused of circumventing financial blockades imposed by the U.S. government. According to local reports, Maduro’s regime evades sanctions with cryptocurrency alongside an airline application called Jetman Pay. Allegedly, Jetman Pay collects airline taxes from travelers who purchase tickets from Maiquetía International Airport and the … Read more
Brazil: Crypto Exchanges Dragged Into Major Anti-Corruption Case
A Brazilian judge has ordered three lcrypto exchanges to disclose any Bitcoin holdings data related to suspects connected to the Operation Car Wash case Go to Source Powered by WPeMatico
Facebook to Work ‘However Long It Takes’ to Win Regulators on Libra
Facebook will work as long as it takes to appease regulators’ concerns over its Libra stablecoin, according to the firm’s co-founder and CEO Mark Zuckerberg Go to Source Powered by WPeMatico