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CRYPTOCURRENCY

Kenya’s Clash with Worldcoin: Eyeball-Scanning Cryptocurrency Drama Unfolds

In a puzzling turn of events, Kenya and Worldcoin, the innovative cryptocurrency project led by Sam Altman, find themselves embroiled in a dispute over the suspension of services within Kenyan...
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Twitter User Uncovers Code on Tesla’s Website Hinting at Cryptocurrency Acceptance

Image credit: vox After facing backlash and suspending Bitcoin payments earlier due to environmental concerns, Tesla, the renowned electric vehicle manufacturer led by CEO Elon Musk, seems to be contemplating...
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Singapore Strengthens Crypto Consumer Protection Measures Amid Ripple Approval and Legal Battles

In an effort to further regulate its growing cryptocurrency industry, Singapore is implementing new consumer protection measures. The Monetary Authority of Singapore (MAS), the country’s primary financial regulator, will enforce...
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British Hacker Joseph O’Connor Sentenced to Five Years in US Prison for Cryptocurrency Theft and Twitter Hack

British Hacker Joseph O’Connor, known as PlugwalkJoe in the online community, has been sentenced to five years in a United States prison for his involvement in a SIM swap attack...
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CACEIS Secures Regulatory Approval for Crypto Custody Services, Joins Ranks of Traditional Finance Firms Embracing Crypto

CACEIS, the asset servicing division of major banks Crédit Agricole and Santander, has obtained regulatory approval from French authorities to offer crypto custody services. On Tuesday, June 20, CACEIS Bank...
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Hong Kong Regulator Approves Retail Trading of Cryptocurrencies, Sets Stringent Rules for Licensed Exchanges

Hong Kong’s Securities and Futures Commission (SFC) has announced the finalization of rules that will permit retail trading of cryptocurrencies starting from June 1. This move is seen as a...
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Pakistan to Prohibit Cryptocurrency Services and Trading, Says Finance Minister

According to cointelegraph’s recent report, the Senate Standing Committee on Finance and Revenue, Pakistan’s Minister of State for Finance and Revenue, Aisha Ghaus Pasha, announced that the country would ban...
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UK MPs Propose Regulating Cryptocurrency Trading as Gambling, Citing Lack of Intrinsic Value and Addiction Risks

The UK Treasury Select Committee has proposed that cryptocurrency trading should be classified as gambling rather than a financial service, according to recent reports from British media outlet Sky News....
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South Korean Prosecutors Investigate Cryptocurrency Transfers of Former Lawmaker Kim Nam-kuk

Cryptocurrency continues to make headlines around the world, and South Korea is no exception. Recent news reports indicate that prosecutors in the country have searched the accounts of major exchanges...
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US House Committees to Introduce Comprehensive Legislation to Regulate Cryptocurrency

The cryptocurrency industry has grown significantly in recent years, but with that growth comes the need for regulation to protect investors and prevent illegal activity. The US House Financial Services...
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