Industry watchers are closely monitoring the case for signs of how Nigerian authorities will handle similar cases, which could impact the country’s growing cryptocurrency sector. Source: https://cointelegraph.com/news/crypto-celebrity-blord-granted-bail-fraud-terrorism-charges?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: July 2024
Real Estate Tokenization Platform Enters Kenyan Regulatory Sandbox
Ownmali, a blockchain-enabled real estate tokenization platform, has been admitted into the Capital Markets Authority of Kenya (CMA Kenya) Regulatory Sandbox. Ownmali aims to foster greater inclusivity in real estate investing by making it more affordable for younger Kenyans, regardless of their income levels. During the 12-month sandbox period, Ownmali will adhere to regulatory requirements, […] Source: https://news.bitcoin.com/real-estate-tokenization-platform-enters-kenyan-regulatory-sandbox/
South Korea's strict laws on crypto exchanges come into force
The new regulations issued by South Korea’s watchdog to protect user assets on crypto exchanges went into effect on July 19. Source: https://cointelegraph.com/news/south-korea-cryptocurrency-exchange-virtual-asset-service-provider-vasp-fsc?utm_source=rss_feed&utm_medium=rss%3FREFRESH1635522415289&utm_campaign=rss_partner_inbound
South Korea's strict laws on crypto exchanges come into force
The new regulations issued by South Korea’s watchdog to protect user assets on crypto exchanges went into effect on July 19. Source: https://cointelegraph.com/news/south-korea-cryptocurrency-exchange-virtual-asset-service-provider-vasp-fsc?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Crypto firms’ vulnerability to CrowdStrike blackout: Analyst insights
Although no major crypto exchange was affected by the CrowdStrike downtime, analysts provided possible impacts in a case where they are. Source: https://cointelegraph.com/news/crowdstrike-blackout-impact-crypto-firms?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Jordan Launches National Blockchain Technology Network
The Ministry of Digital Economy and Entrepreneurship in Jordan has launched a national blockchain technology network in partnership with Jordanian blockchain company Blockexe. The implementation of blockchain technology in Jordan’s government sector aligns with the Jordanian Digital Transformation Strategy (2021-2025). Enhancing Trust in Government Services On July 17, the Jordanian Ministry of Digital Economy and […] Source: https://news.bitcoin.com/jordan-launches-national-blockchain-technology-network/
ETH price may dip after spot Ether ETF 'novelty' wears off due to surging supply
Into The Cryptoverse founder Benjamin Cowen says if supply keeps increasing it will “revert” to similar levels before the Ethereum Merge in September 2022. Source: https://cointelegraph.com/news/ethereum-eth-price-spot-etf-supply-cryptocurrency-analyst?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Chinese Billionaire Convicted of Racketeering and Wire Fraud in US
Exiled Chinese billionaire Guo Wengui, also known as Miles Guo, has been convicted by a U.S. jury on charges including racketeering conspiracy and wire fraud. Guo defrauded followers of over $1 billion, primarily through false investment schemes in cryptocurrency. U.S. Attorney Damian Williams stated that Guo faces decades in prison. His fraudulent activities funded a […] Source: https://news.bitcoin.com/chinese-billionaire-convicted-of-racketeering-and-wire-fraud-in-us/
‘10:1’ odds against US Bitcoin strategic reserve by 2028: BlockTower Capital
BlockTower Capital CIO Ari Paul is prepared to “lay 10:1” against the possibility of the US creating a Bitcoin strategic reserve in the next four years. Source: https://cointelegraph.com/news/bitcoin-strategic-reserve-united-states-bullish-price?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Philippine Central Bank Warns of AI-Driven Crypto Scams — Governor Denies Endorsing Cryptocurrency Projects
The Bangko Sentral ng Pilipinas (BSP), the central bank of the Philippines, has cautioned the public against scams involving AI-manipulated videos and audios, which are used to spread false information, particularly about cryptocurrency investments. The BSP emphasizes that Governor Eli M. Remolona Jr. does not endorse the purported cryptocurrency project “Tesler Code” or any other […] Source: https://news.bitcoin.com/philippine-central-bank-warns-of-ai-driven-crypto-scams-governor-denies-endorsing-cryptocurrency-projects/