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09-22-2024
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author

Wahid loves to write, especially about Digital Currency and Blockchain. He started his blogging journey in 2017 and turned to digital currency in 2019. Wahid is interested in tech, chess and DeFi. He aims to promote decentralization to everyone on the planet.

Article by Wahid Pessarlay

Philippines central bank reminds exchanges to ensure proper risk management measures
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15 December, 2022

Philippines central bank reminds exchanges to ensure proper risk management measures

The central bank’s memo was directed to VASPs involved in the custody of digital assets "to ensure that customers' virtual...
Germany’s financial regulator warns users of Rtcoin’s unlicensed operation
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14 December, 2022

Germany’s financial regulator warns users of Rtcoin’s unlicensed operation

Rtcoin claims it has license to operate in Germany but a closer look at BaFin's database reveals otherwise, with British...
Terraform Labs co-founder Do Kwon reportedly hiding out in Serbia, authorities say
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14 December, 2022

Terraform Labs co-founder Do Kwon reportedly hiding out in Serbia, authorities say

It remains unclear why Kwon chose Serbia, but South Korean authorities are not ruling out the possibility that the embattled...
WEMIX loses delisting battle in court against South Korean exchanges but promises to continue the fight
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14 December, 2022

WEMIX loses delisting battle in court against South Korean exchanges but promises to continue the fight

Wemade insists it will not back down after a South Korean court sided with DAXA in delisting WEMIX from exchanges...
Reserve Bank of Australia weighs pros and cons of CBDCs amid massive interest from financial firms
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14 December, 2022

Reserve Bank of Australia weighs pros and cons of CBDCs amid massive interest from financial firms

RBA's Brad Jones said while CBDCs present an array of use cases that could promote financial stability, they also exhibit...
Yuga Labs class action lawsuit drags celebrities over alleged misrepresentation
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13 December, 2022

Yuga Labs class action lawsuit drags celebrities over alleged misrepresentation

A total of 37 defendants were named in the suit, including famous celebrities like Serena Williams, Snoop Dogg, Steph Curry,...
Spain’s central bank dives head first into CBDCs with new study
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13 December, 2022

Spain’s central bank dives head first into CBDCs with new study

The Bank of Spain joins nations exploring CBDCs, with plans to utilize the digital version of its currency, focusing on...
Kazakhstan parliament to introduce block reward mining regulations
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13 December, 2022

Kazakhstan parliament to introduce block reward mining regulations

The bill has been touted to offer several changes to the mining industry that has operated without any concrete legal...
Alleged leader of Russian Ponzi scheme nabbed after costing investors nearly $100M
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13 December, 2022

Alleged leader of Russian Ponzi scheme nabbed after costing investors nearly $100M

Edvard Sabirov's extradition is making headways following his arrest on suspicion of being involved in a digital asset Ponzi scheme,...
Russia’s central bank to prohibit miners from selling digital assets to Russians
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13 December, 2022

Russia’s central bank to prohibit miners from selling digital assets to Russians

The Bank of Russia adopted a negative stance towards the sale of virtual currencies to Russian citizens under the draft...
Onecoin crisis manager facing fraud, money laundering charges fights to prevent US extradition
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12 December, 2022

Onecoin crisis manager facing fraud, money laundering charges fights to prevent US extradition

If tried in his home country of Luxembourg, Frank Schneider will face up to five years in prison, but extradition...
EMAX class action lawsuit vs Kim Kardashian, Floyd Mayweather dismissed but there’s room for refiling
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12 December, 2022

EMAX class action lawsuit vs Kim Kardashian, Floyd Mayweather dismissed but there’s room for refiling

Judge Michael Fitzgerald dismissed the suit on the ground that investors failed to do their background research before investing in...

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