The U.K. Treasury Fraud Strategy, implemented in May to tackle fraudulent activities, has proposed a ban on cold calling for consumer financial services. This ban is expected to have a significant impact on various industries, including the crypto sector. The government has released a consultation paper, inviting public input on the potential consequences of a
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Cryptocurrency exchange Bitstamp has recently made the difficult decision to terminate its Ethereum staking service for users in the United States. This move comes as a direct response to the increasing regulatory uncertainty surrounding cryptocurrencies in the US. Users have until September 25 to earn rewards on their staked assets before the tokens are withdrawn
The U.S. Securities and Exchange Commission (SEC) recently filed charges against John DeSalvo, the creator of Blazar Token, a minor cryptocurrency. This article critically analyzes the case of Blazar Token and the actions taken by DeSalvo, shedding light on the deceitful practices and consequences surrounding this cryptocurrency. DeSalvo’s intriguing scheme to defraud investors began with
In recent years, technological advancements have transformed the financial markets, reshaping the way investors engage with their investments. The surge in digital tools and platforms has fueled a quest for innovative solutions, and yPredict, an AI-driven platform specializing in crypto signals, has emerged as a frontrunner in this rapidly evolving landscape. With the successful acquisition
The Kenyan government has recently taken action to investigate the operations of Worldcoin, an American-based cryptocurrency firm. The government’s concern stems from Worldcoin’s collection of biometric data, which does not comply with Kenya’s data privacy laws. In exchange for a digital ID called a global ID, users are required to provide their iris scans and
Binance.US, the popular cryptocurrency exchange, is making a significant transition to become a crypto-only exchange. This decision comes as a result of regulatory pressures and recent challenges faced by the platform. In response to the Securities and Exchange Commission (SEC) lawsuit and the suspension of USD channels by banking partners, Binance.US has decided to replace
In the rapidly evolving world of cryptocurrency trading, artificial intelligence (AI) is revolutionizing the way traders make decisions. With the increasing number of individuals venturing into crypto trading, there is a growing demand for accurate insights and predictions. This is where platforms like yPredict come into play, leveraging AI technology to analyze vast amounts of
EDX Markets, a groundbreaking institutional crypto exchange, has announced a game-changing partnership with Anchorage Digital. The partnership will see Anchorage Digital, a regulated crypto platform known for its expertise in financial services and infrastructure solutions, become the custody provider for EDX Clearing, an upcoming division of EDX Markets. The primary objective of this collaboration is
Ran Neuner, the CEO of Onchain Capital and founder of Crypto Banter, has voiced his concerns about the structure of XRP and Ripple. While he appreciates Ripple’s defiance against the SEC, he is troubled by the moral and ethical implications associated with the cryptocurrency. Neuner argues that Ripple is giving an unfair deal to those
Binance, a major cryptocurrency exchange, has recently announced the shutdown of its regulated buy-and-sell crypto arm, Binance Connect. This decision, confirmed through an email from a Binance spokesperson on August 15, has caught the attention of the crypto community. The company stated that their provider for supporting card payments service was closing, leading to the