Brazil Might Approve Its Cryptocurrency Law This Week

By | August 3, 2022

This week, the Chamber of Deputies in Brazil might approve a cryptocurrency bill introduced earlier this year. According to the leader of the Federal Government in the Chamber, Ricardo Barros, the bill is set to be discussed, but there are still no reports on a possible vote as the Chamber is set to also discuss… Read More »

Uganda’s Financial Intelligence Authority Wants Government to Formulate a Crypto Regulatory Framework

By | May 25, 2021

Uganda’s Financial Intelligence Authority (FIA) says it wants the country’s Finance Ministry to help formulate a regulatory framework for crypto service providers. According to the FIA, this call for the government’s intervention has prompted by the Ugandan crypto industry’s failure to comply with an earlier plea for industry players to register. Terrorism Concerns Furthermore, in… Read More »

Argentinean Police Detain Two People Connected to Alleged Crypto Scam Intense Live

By | May 21, 2021

As cryptocurrencies become a trending topic across Argentina, local authorities hunt virtual currencies scammers amid the coronavirus-driven crisis and high inflation levels. The Argentine Federal Police detained two members of an alleged pyramid scheme operating in a northern province. Investigations Initiated After Two Complaints Filed With the Authorities According to Valle Calchaquí, the operation happened… Read More »

Report: Over 100,000 African Youths Have Participated in Binance’s Crypto Education Initiative

By | May 20, 2021

According to reports, over 100,000 African youths have taken part in Binance’s crypto and blockchain education barely a year after the learning program was launched. Dubbed the Binance Masterclass, the education initiative is aimed at equipping newcomers with basic knowledge about cryptocurrencies. Also, as one report explains, the initiative seeks to stop young African traders… Read More »

Cuban Central Bank Issues Warning on the Rising Number of Crypto-Related Ponzi Cases

By | May 19, 2021

Cuba has witnessed some exciting times in the last few months as far as nationwide digital currency acceptance, but the road toward this goal is still under construction. The country’s central bank recently issued a warning about the rising number of cryptocurrency-related scam cases across the island. Alleged Crypto Scams Are Mentioned in the Alert… Read More »

Fraudsters Impersonate a US Federal Agency by Sending Emails Asking for Bitcoin Wallet Keys

By | May 22, 2021

U.S. consumers have been receiving fake emails that attempt to impersonate a federal regulatory agency which has raised alarms among crypto community members. The U.S. Office of the Comptroller of the Currency (OCC) warned that such bogus messages ask people for their bitcoin wallet keys. Fictitious Message Contains Several Grammar Mistakes and Typos According to… Read More »

Depends on Who You Ask: Report Shows NFT Sales ‘Cool Off,’ Another Study Says ‘Market Set to Double by October’

By | May 22, 2021

In 2021, the non-fungible token (NFT) ecosystem has grown massively and data shows during the last month, there have been 98,832 NFT sales across over 32,000 active wallets. Monthly statistics show $272 million in recorded NFT sales have taken place but a recent report shows the NFT market is starting to “cool off” as NFT… Read More »