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Report: IMF Warns Kenyan Central Bank Against Introducing a CBDC That Harms Fintechs and Banks

29.7.2022
The global lending institution, the International Monetary Fund (IMF) has told the Kenyan central bank that its proposed digital shilling must “do no harm” to existing private sector digital money. The lender insisted the proposed central bank digital currency (CBDC) must “not...

UK National Crime Agency Seizes $33 Million in Cryptocurrency

28.7.2022
The British National Crime Agency (NCA) has revealed that it has seized £26.894 million ($32.75 million) in cryptocurrency. “Criminals increasingly exploited financial technology and crypto assets” that could harm “the U.K.’s economy and institutions,” said...

Billionaire Bill Miller Shares Current Crypto Outlook: ‘It’s Very Bullish for Bitcoin’

4.3.2022
Veteran investor and fund manager Bill Miller explains why he thinks that it is currently “very bullish for bitcoin.” Miller noted that Russia has almost 50% of its reserves in currencies that are controlled by people who want to do them harm. Bill Miller’s Crypto Outlook:...

Indonesia’s Islamic Authority Declares Cryptocurrency Haram, Forbidden for Muslims

11.11.2021
Indonesia’s top Islamic body, the country’s authority on Shariah compliance, has reportedly declared cryptocurrency haram, forbidden for Muslims under Islamic law. The Indonesian Ulema Council explained that crypto has elements of uncertainty, wagering, and harm. Cryptocurrency...

Jack in the Box Sues Crypto Exchange FTX for ‘Brazenly and Illegally’ Copying Mascot

7.11.2021
Restaurant chain Jack in the Box has sued cryptocurrency exchange FTX alleging that the crypto company “brazenly and illegally copied or derived its ‘Moon Man’ mascot” from its own mascot. The lawsuit details that FTX’s refusal to stop using Moon Man has caused...

Treasury Says Crypto Reduces Efficacy of US Sanctions, Seeks More Funding

20.10.2021
The U.S. Department of the Treasury says that the growing use of crypto assets challenges the efficacy of American sanctions. “We are mindful of the risk that, if left unchecked, these digital assets and payments systems could harm the efficacy of our sanctions,” the Treasury...

Kim Kardashian Called out by UK Regulator for Pumping Crypto Token That Could Harm Investors

7.9.2021
Kim Kardashian has been singled out by the U.K.’s Financial Conduct Authority (FCA) for pumping a crypto token that could put investors at risk. With 250 million Instagram followers, the FCA chairman said that Kardashian’s cryptocurrency promotion “may have been the financial...

Superhot Game Gets Review-Bombed After Removing 'Depictions Of Self-Harm'

23.7.2021
Earlier this week, Superhot VR received an update that removed all scenes that involved the player-character hurting or killing themselves. The devs explained that these scenes had “no place” in the game and apologized for taking so long to remove them. In response, hundreds of gamers yelled...

EU Regulation May Harm Small Crypto Players, Stablecoin Users, And Elon Musk

6.7.2021
As the European Commission’s proposed Regulation on Markets in Crypto Assets (MiCA) is advancing through its first readings in the European Council and the European Parliament, a lawyer warns that it could make it more difficult for small players to enter the European Union’s crypto market. Other...

FINRA orders Robinhood to pay $70M due in part to 'significant harm' platform caused users

30.6.2021
Regulators said the trading app should pay restitution to users like the 20-year-old who committed suicide after an erroneous negative balance appeared in his account

Robinhood Gets USD 70M Penalty Due To 'Signigificant Harm' + More News

30.6.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. ____ Regulation news The US Financial Industry Regulatory Authority (FINRA) said it has fined Robinhood, the major online trading platform, USD...

Stablecoin Issuer Tether Says It Is a Victim of a 500 BTC Ransom Demand Infoleak Threat

1.3.2021
Just days after the conclusion of its long-running feud with the Office of the Attorney General of New York, Tether says it is now a victim of an extortion attempt. According to the stablecoin issuer, the blackmailers are threatening to release documents they claim “will harm the bitcoin...

More harm than good? Nigerian crypto users in disbelief over CBN ban

13.2.2021
Crypto and blockchain stakeholders in Nigeria have criticized the central bank’s decision to ban banks from servicing crypto firms

Doxxed Ledger users in danger of physical harm

21.12.2020
Ledger hardware wallet users might be in danger of physical attacks with their addresses part of the user data dump by suspected hackers

XRP Deemed a Security Wouldn't Harm Ripple, but Might Hurt US - CEO

27.11.2020
Brad Garlinghouse. Source: a video screenshot, Youtube, Bloomberg Technology XRP being declared a security in the US would not harm Ripple, but might hurt the country's purse, said Brad Garlinghouse, CEO of the American blockchain company focusing on payments technologies. "My very strong...

Bitcoin Mass Adoption Would Benefit and Harm Current Economy

30.5.2020
With central banks pumping out billions of dollars like there’s no tomorrow, the possibility of rising inflation is becoming stronger by the day. This is the view of a growing number of economists, raising the possibility that bitcoin (BTC) may become more attractive as a store of value. However...

Grayscale: Central Bank Digital Currencies Will ‘Neither Replace nor Harm Scarce, Uncompromising Bitcoin’

28.5.2020
Central bank digital currencies (CBDCs) pose no threat to Bitcoin’s value proposition, instead, they will spur its growth toward mass adoption. In a new report, Grayscale Investments said CBDCs will never replace BTC because unlike the top cryptocurrency, they can be inflationary and are open...