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Kenya considers tax on crypto, NFT transfers and online influencers
5.5.2023
A bill introduced in Kenya could see a tax added to cryptocurrency and NFT transfers and has been met with a mixed reaction online
French Senators Propose Allowing Influencers to Promote Registered Crypto Firms
4.5.2023
The French Senate’s Committee on Economic Affairs has proposed a new law allowing social media influencers to promote cryptocurrency on their platforms.
If approved, the proposal would significantly shift how these influencers market and advertise digital currencies in France.
Surprisingly,...
French Senate proposal would allow influencers to promote cryptocurrency
3.5.2023
The senate’s proposal comes just months after the National Assembly floated legislation banning influencer advertising for crypto products and services
Allow Influencers to Promote Registered Crypto Firms, French Senators Say
3.5.2023
Lawmakers in the French National Assembly are seeking to effectively ban promoting crypto on social media, but Senators appear to favor lighter restrictions
Forbes 2023 billionaires list highlights crypto influencers, TMS Network outranks Fantom & Conflux
14.4.2023
Forbes released their list of the world’s billionaires for 2023, with Binance’s Changpeng Zhao leading the crypto billionaires list. Not all crypto billionaires are captains of industry; the Winklevoss twins made a list through Bitcoin’s appreciation. Fantom (FTM) and Conflux...
CZ, Binance, influencers face $1B lawsuit for unregistered securities promo
2.4.2023
While three American citizens brought in the case, the lawsuit alleges that “millions” of people could be eligible for damages
‘Rug Radio’ Founder Farohk Talks Fame, Fortune and Decentralization
31.3.2023
In an interview ahead of Consensus the mononymed podcaster discusses how he built the foundation to collaboratively build a Web3 media empire
SEC Sues Tron Founder Justin Sun for Market Manipulation and Offering Unregistered Securities
22.3.2023
The U.S. Securities and Exchange Commission (SEC) has taken action against Justin Sun, the founder of Tron, and the Tron Foundation, issuing charges for offering unregistered securities and market manipulation. Additionally, a group of influencers have been charged by the organization for promoting...
French Lawmakers Agree to Effectively Ban Crypto Influencer Promotions
22.3.2023
Social media stars wouldn’t be allowed to shill unlicensed crypto under anti-scam plans voted on by the National Assembly’s Economics Committee Wednesday
YouTube Influencers Face $1 Billion Class-Action Lawsuit Over FTX Endorsements – Who's Caught in the Crossfire?
17.3.2023
A number of high-profile crypto and finance YouTubers are involved in a class-action lawsuit for promoting the now-defunct cryptocurrency exchange FTX.
The lawsuit’s plaintiff is Edwin Garrison, who is seeking $1 billion in damages because the YouTubers “promoted FTX crypto fraud without...
FTX influencers face $1 Billion class-action lawsuit over alleged crypto fraud promotion
16.3.2023
The suit is led by Edwin Garrison and was filed against "FTX influencers," primarily on the YouTube platform
Meta pulling the plug on NFTs across Instagram and Facebook
13.3.2023
The short-lived NFT features were first launched in May 2022, but Meta's financial technology lead said it's "winding down" the tools to focus elsewhere
New South African Code Says Crypto Asset Ads Must Include Capital Loss Warning
25.1.2023
Crypto asset service providers in South Africa seeking to attract investors via advertisements must “expressly and clearly state that investing in crypto assets may result in the loss of capital.” Influencers working on behalf of crypto asset service providers must “not offer...
How Social Media Influencers Fed Bankman-Fried's Cult of Personality
18.1.2023
Creators took money that was likely stolen from FTX customers to promote a Ponzi scheme. If they truly care, they should take the money they received from FTX and either return it to the bankruptcy estate or donate it all to charity
The ‘Elon Effect’ shows how opinion leaders shape the FinTech market
9.1.2023
Crypto “influencers” wield considerable influence over markets, particularly cryptocurrency markets — which hasn’t been positive for everyone over the last two years
Morgan Creek CEO Says FTX Co-Founder SBF Was a ‘Pawn’ Used to ‘Punish’ the Crypto Industry
6.12.2022
Following FTX’s collapse, many industry executives, influencers, luminaries, and politicians have shared their opinions about the carnage the event has caused to crypto markets and a great deal of innocent bystanders. On Dec. 2, the CEO and founder of Morgan Creek Capital, Mark Yusko...
Spanish Securities Regulator CNMV Warns About Crypto Investments; Calls for Caution After FTX Downfall
29.11.2022
The Spanish securities regulator (CNMV) has warned investors against putting funds in crypto-related companies. Montserrat Martinez Parera, vice president of the organization, stated that lack of control is one of the causes of the downfall of the crypto exchange FTX, and that anyone looking...
Taking down crypto influencers is one step that would help to heal the market
27.11.2022
The EU moved in the right direction by passing a law requiring influencers to disclose the risks associated with crypto. More countries should follow their lead
Bitget Prepares 5 Million USD Builders Fund to Help Users Distressed by FTX Collapse
14.11.2022
PRESS RELEASE. Nov 14th, 2022 – Leading global cryptocurrency exchange Bitget announces that it has set aside a 5 Million USD worth of Builders’ Fund, aiming to help those affiliates, influencers and professional traders who are distressed by the FTX collapse. The market witnessed...
SEC issues subpoena to influencers promoting HEX, PulseChain and PulseX
6.11.2022
The SEC issued subpoena as part of the investigation, which demanded the influencers in question to produce the required documents by Nov. 15, 2022