Toyota Uses Blockchain Tech to Reduce Fraud in Digital Advertising Campaigns
Toyota is deploying blockchain technology to manage issues of fraud and transparency in its advertising campaigns Go to Source Powered by WPeMatico
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Zambia Launches Crackdown on Crypto Companies
The Bank of Zambia has started to clamp down on cryptocurrency-related businesses, mere days after declaring that it does not view digital coins such as BTC as legal tender. The crackdown began on Oct. 14, when the central bank announced an investigation into Heritagecoin Resources Ltd. for allegedly laundering money, according to local media reports. … Read more
Zambian Central Bank Declares Bitcoin Is Not Legal Tender
The Zambian central bank said on Oct. 12 that cryptocurrencies like bitcoin core and bitcoin cash aren’t legal tender, cautioning that those transacting in such will have no one to blame in the event of market failure. It appears that the bank issued the decree because, as a traditional issuer of the depreciating local fiat … Read more
Scam Victim Loses $48,000 Claim Against Canadian Bitcoin ATM Firm
A woman suing for 62,500 Canadian dollars ($48,125) sent to a phone scammer over a bitcoin ATM has lost her court case, local media reported. On Friday, Charlottetown Provincial Court chief judge Nancy Orr ruled that the fiat money deposited by the woman into the teller machine belonged to Instacoin ATM Canada Inc., owners of … Read more
U.S. SEC Halts Fraudulent ICO That Claimed to Possess Regulator’s Approval
The U.S. Securities and Exchange Commission has halted a fraudulent ICO that falsely claimed it had the regulator’s support and created a fake regulatory agency Go to Source Powered by WPeMatico
Crypto Exchange YoBit Starts Pump Scheme on Random Coins
Russian cryptocurrency exchange YoBit has tweeted it will pump 10 random coins Go to Source Powered by WPeMatico
Suspect in Thai Bitcoin Scam Unable to Return to Thailand Due to Passport Revocation
A suspect in a Thai Bitcoin scam has had his passport revoked by the country’s Foreign Ministry, rendering him unable to return to his home country to face charges Go to Source Powered by WPeMatico
Tax Evasion Spotlighted as Swiss Banks Start Sharing Client Data
Switzerland has started sharing financial account information with tax authorities in dozens of countries as a way of fighting tax evasion, but Africa, which loses about $60 billion in illicit flows each year, mostly into European banks, is conspicuous by its absence from the deal. Swiss bank accounts have long been stereotyped as enablers of … Read more
South Korea’s Democratic Party Lawmaker Urges Authorities to ‘Open Up the Road’ to ICOs
South Korea’s Democratic Party lawmaker urges the state to “open up the road” to ICOs, prepares legislation project for the next round of National Assembly Go to Source Powered by WPeMatico
CFTC Charges Two Defendants for Defrauding Investors and Impersonation of CFTC Officials
CFTC files suit against two defendants for running two fraudulent businesses, as well as impersonating CFTC officials to request false crypto taxes Go to Source Powered by WPeMatico
