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author

Article by Steve Kaaru

South Africa’s Mirror Trading BTC scam to pay $1.7B in CFTC case
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12 September, 2023

South Africa’s Mirror Trading BTC scam to pay $1.7B in CFTC case

Mirror Trading allegedly scammed 30,000 BTC from over 23,000 American investors, which it misappropriated, and CFTC imposed restitution of over...
Taiwan cracks down on non-compliant digital currency exchanges under new guidelines
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12 September, 2023

Taiwan cracks down on non-compliant digital currency exchanges under new guidelines

Taiwan’s financial regulator is set to issue 10 guidelines for the industry, including requiring segregation of customer funds and enhanced...
Kenyan lawmakers grill Worldcoin CEO, call the project ‘a gang of criminals’
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12 September, 2023

Kenyan lawmakers grill Worldcoin CEO, call the project ‘a gang of criminals’

Worldcoin CEO Alex Blania appeared before an ad hoc parliamentary committee to defend his project, which had invested $17 million...
Singapore’s new president is a digital asset sceptic who once called crypto ‘slightly crazy’
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11 September, 2023

Singapore’s new president is a digital asset sceptic who once called crypto ‘slightly crazy’

Tharman Shanmugaratnam, who won over 70% of the votes to become president, is a former MAS chair and IMF executive...
Linus Financial settles SEC charges over digital asset lending product
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11 September, 2023

Linus Financial settles SEC charges over digital asset lending product

Linus Financial offered interest-bearing accounts to U.S. investors, which the securities regulator says is a securities contract, but it took...
Google updates digital asset policy to allow NFT gaming ads
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11 September, 2023

Google updates digital asset policy to allow NFT gaming ads

Google now permits ads from games that use NFTs to allow users to purchase in-game items to enhance experience, although...
Visa: Blockchain is entering its ‘broadband era’
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11 September, 2023

Visa: Blockchain is entering its ‘broadband era’

Just like the internet, blockchain will take over payments despite being dismissed and that it’s leveraging multiple blockchains for payments,...
Ex-OpenSea manager withdraws bail application, to surrender for 3-month sentence
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11 September, 2023

Ex-OpenSea manager withdraws bail application, to surrender for 3-month sentence

Nate Chastain was convicted of money laundering and wire fraud in May for using insider information while serving as OpenSea...
MGA’s Odhran Griffin talks Malta’s blockchain regulation in the gambling space
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9 September, 2023

MGA’s Odhran Griffin talks Malta’s blockchain regulation in the gambling space

Gambling involves regulating payments and several technologies, including blockchain, but the Malta Gaming Authority has managed to strike the right...
IPv6-enhanced innovation to generate $7.3 trillion by 2025: report
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8 September, 2023

IPv6-enhanced innovation to generate $7.3 trillion by 2025: report

The report by Roland Berger states that IPv6 will spur rapid development of other technologies, from 5G and IoT, with...
London Stock Exchange exploring blockchain-powered digital market
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7 September, 2023

London Stock Exchange exploring blockchain-powered digital market

Building this market on the blockchain will make the process of trading traditional assets “slicker, smoother, cheaper and more transparent,”...
SWIFT taps Citi, BNY Mellon, other top banks for blockchain interoperability pilot
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7 September, 2023

SWIFT taps Citi, BNY Mellon, other top banks for blockchain interoperability pilot

SWIFT’s experiment reportedly proved that its infrastructure can allow financial institutions to seamlessly tap into tokenization across multiple blockchains.

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