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Nalezeno "Ai Crypto": 50360

US Court Imposes $209 Million Penalty in Crypto Ponzi Scheme


The U.S. District Court for the Northern District of Illinois has ordered an Oregon resident and his entities to pay over $209 million in penalties for running Ponzi schemes disguised as crypto and carbon investment programs. This includes restitution, disgorgement of illegal profits, and a civil...

Central Bank of Brazil Hints at a Future Integration of AI Into Its CBDC


The Central Bank of Brazil has hinted at implementing artificial intelligence (AI) and data monetization processes into Drex, its central bank digital currency (CBDC). In a recent presentation, Roberto Campos Neto, the Central Bank of Brazil’s president, stressed that the bank’s...

Swiss Bank ZKB Partners With Crypto Finance to Launch Crypto Asset Brokerage


Zürcher Kantonalbank (ZKB), Switzerland’s largest cantonal bank, has partnered with Crypto Finance AG to offer crypto asset brokerage services. By partnering with Crypto Finance AG, ZKB gains access to an experienced and regulated partner with deep industry expertise in the crypto...

US Banking Regulator Calls for Stronger Oversight of Crypto Risks


Acting Comptroller Michael Hsu has emphasized the importance of proactive oversight in managing crypto risks. He cited the 2022 crypto market collapse, with a $2 trillion loss, where effective supervision kept banks stable. Hsu emphasized the need for vigilant supervision as digital assets...

Amid Criticism, Central Bank of Argentina Confirms Moving Gold Abroad


In a recent press release, the Central Bank of Argentina acknowledged sending part of its gold holdings abroad, stating that it had “recalibrated” the nation’s gold between its accounts. The institution faced criticism from some lawmakers who are concerned that this gold located...

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