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With no leadership elected to the House of Representatives, efforts to address fraud allegations at FTX or legislate crypto may be delayed indefinitely. Go to Source Powered by WPeMatico
Regulators stated that the company had a backlog of 100,000 alerts about potential suspicious customer transactions. Go to Source Powered by WPeMatico
The Nigerian crypto exchange Roqqu recently announced that it obtained a virtual currency license that allows it to offer its services in 28 European countries. According to Israel Ololade, the head of product at Roqqu, the European Union license “aligns with the brand’s drive to become the number one blockchain and crypto company globally.” Crypto … Read more
The government of India is launching a crypto awareness campaign that will educate investors about the legality of cryptocurrencies in the country while highlighting the risks of investing in crypto assets. Indian Government’s Cryptocurrency Awareness Campaign The Indian government is reportedly launching a first-of-its-kind crypto awareness campaign. It will be conducted by the Investor Protection … Read more
The former FTX CEO faces eight criminal counts in the United States which could result in 115 years in jail should he be convicted. Go to Source Powered by WPeMatico
Two unidentified parties are planning to act as sureties for Sam Bankman-Fried’s bail, and his legal team wants to ensure they stay that way. Go to Source Powered by WPeMatico
A Moroccan draft crypto law, which seeks to protect individuals from the risks associated with crypto trading, is ready and will soon be presented to stakeholders, Abdellatif Jouahiri, the governor of Bank Al-Maghrib (BAM), has said. Adoption of crypto by Moroccan residents is now inevitable hence a regulatory framework is needed. BAM to Hold Discussions … Read more
All members of Congress are already required to report most investments in stocks and cryptocurrency, but many have pointed to potential conflicts of interest. Go to Source Powered by WPeMatico
The Reserve Bank of India (RBI) says one of the priorities for the G20 under India’s presidency is to “develop a framework for global regulation, including the possibility of prohibition, of unbacked crypto assets, stablecoins, and defi.” The Indian central bank warned that “turmoil in crypto assets market” is among “the major risks that can … Read more
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has revealed why he is buying more bitcoin. He warned that the Securities and Exchange Commission (SEC) regulations will “crush” most other cryptocurrencies. Robert Kiyosaki Buys More Bitcoin, Warns About SEC Regulations Crushing Crypto Tokens The author of Rich Dad Poor Dad, … Read more
