A Bulgarian woman extradited to the United States for her role in a $4 billion crypto pyramid scheme adds to a growing list of law enforcement actions against perpetrators of the OneCoin Ponzi scheme. Irina Dilkinska, 41, was head of “legal and compliance” for OneCoin, but “accomplished the exact opposite of her job title and
Huang Tien-mu, Taiwan’s Financial Supervisory Commission Chairman informed lawmakers that the nation is in the process of creating a special legislative framework to govern cryptocurrency and its related activities. He made this announcement during a parliamentary hearing on global banking stability. The FSC chair, Huang Tian-mu, unofficially announced the FSC’s new role, which was cited
A legislative proposal from Florida Governor Ron DeSantis would prohibit the use of a national central bank digital currency (CBDC) as money within his state. He continued by stating that “The Biden administration’s efforts to inject a Centralised Bank Digital Currency is about surveillance and control,” “Today’s announcement will protect Florida consumers and businesses from the
Telegram users can now send each other tether (USDT), the world’s largest stablecoin by market cap, within chats in the messaging app. However, USDT has been added to Telegram’s @wallet bot, expanding the messaging app’s facility for buying and selling crypto, according to an emailed announcement shared with CoinDesk on Wednesday. Integrating crypto payments into
Seychelles-based crypto exchange Bitget has become the controlling shareholder in decentralized multi-chain wallet BitKeep with a $30 million investment, according to a press release Tuesday. Established in 2018, BitKeep raised $15 million at a $100 million valuation last year in a funding round that was led by Dragonfly Ventures. The press release didn’t disclose the
The tie-in with Pix which has more than 140 million users was enabled through a partnership with Ebanx, a Brazilian end-to-end payment processor. In addition to making local currency purchases, customers will also be able to withdraw Brazilian reals. In addition, Coinbase said its app is fully available in Portuguese and has enabled 24-hour
India’s central bank is advocating for legislation that will enable users of its retail central bank digital currency (CBDC) to delete any transactions from the network’s ledger in order to maintain anonymity, a highly placed person told CoinDesk. The Reserve Bank of India (RBI) is currently running both retail and wholesale CBDC pilots. The retail
An increasing number of companies worldwide are using bitcoin and other digital assets for a host of investment, operational, and transactional purposes. As with any frontier, there are unknown dangers, but also strong incentives. In exploring loads of questions and insights, enterprises should consider as they determine the beneficial use of digital assets to companies..
Crypto ads in Belgium must be accurate and warn investors of the implications under new laws announced by the country’s financial regulator. Powers published in Belgium’s Official Gazette on Friday mean any mass-media campaign to promote a digital currency would have to be submitted to the Financial Services and Markets Authority (FSMA) 10 days in
