FTC: $1 billion in Crypto Defrauded Since 2021
According to the Federal Trade Commission (FTC), over 46,000 victims have lost over $1 billion in crypto-related frauds since the beginning of the year....
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Japan Passes Bill Clarifying Legal Status of Stablecoins
Japan has enacted a significant bill defining the legal status of stablecoins, leapfrogging other nations in the rush to establish safety nets around the tokens...
CFTC Files Suit Against Gemini Regarding 2017 statements
The US Commodity Futures Trading Commission (CFTC) filed a federal complaint in New York on Thursday, accusing Gemini Trust Co of making false and misleading...
Robert Whaley Sends Letter to SEC Showing Support for Grayscale ETF
Grayscale Investments LLC’s quest to transform the world’s largest Bitcoin fund into an exchange-traded product has the endorsement of the guy who devised Wall Street’s...
Britain’s Finance Ministry Will Adapt Existing Rules to Deal With Any Stablecoin Collapse
Following the crash of Terra’s stablecoin earlier this month, the UK Treasury has proposed a new insolvency regime to safeguard consumers’ assets, as Britain’s finance...
Ropsten Beacon Chain Is Ready To Run Through The Merge
A public test network known as Ropsten will be the first to move from a proof-of-work (PoW) consensus mechanism to one based on the Ethereum...
Ryoshi, the Founder of Shiba Removes His Posts From Social Networks
Memecoin SHIB’s creator, Ryoshi, has erased all of his tweets and blogs in a move that has many members of the community scratching their brains...
China Eases Covid Restrictions and Crypto Market Rises
The worldwide cryptocurrency market has seen a modest boost in its price, making it an exciting start to the week for Bitcoin and other major...
Australian Consumer Advocates Call for Urgent Regulation of the Crypto Sector
An Australian consumer advocacy organization, Choice has urged the new Labor government to prioritise cryptocurrency regulation as part of a proposed regulatory framework to better...
MoneyGram Partners with Stellar to Allow Users to Trade USDC and Fiat Currency
MoneyGram has partnered with the Stellar Development Foundation to offer a service that allows customers to transmit and convert stablecoins into fiat currency....