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Experts Warn of Tighter Policing Ahead for Stablecoins


It appears that regulatory strife may well be in store for stablecoins, with experts opining that fiat-pegged tokens could fall under the scrutiny of financial policymakers. Quoted in the Financial Times, John Salmon, the head of the legal firm Hogan Lovells’ blockchain and cryptocurrency division...

FBI Puts Warning Signs on Bitcoin ATMs in This US County Following a Scam


The Federal Bureau of Investigation (FBI) is putting up warning signs on bitcoin ATMs in Cuyahoga County of the U.S. state of Ohio to warn residents not to fall for scams asking victims to send money to scammers via bitcoin ATMs. FBI Putting Warning Signs on Bitcoin ATMs The Cuyahoga County Scam...

Nigerian Regulator Issues ‘Extreme Caution’ Crypto Investments Warning


Nigeria’s Economic and Financial Crimes Commission (EFCC) has become the latest body to warn of risks associated with cryptocurrency investments. In a public warning, the law enforcement agency argues that investing in cryptos “is a high-risk activity as the terrain is largely...

Young & Angry Voters Warn Politicians Over Crypto Crackdown


The South Korean government is facing the prospect of an embarrassing climbdown after a furious backlash from 20-39-year-olds in the country over its proposed crypto “crackdown.” The furor came to a head over the weekend, after a perfect storm of tumbling crypto prices and a strongly worded warning...

Collect Taxes More Effectively to Avoid ‘Debt Trap’ Chaos, Warns IMF


The IMF’s Managing Director, Kristalina Georgieva. Source: A screenshot, Instagram/the_imf Global financial chiefs have suggested that they may look to more aggressive tax collecting measures in advanced economies as a means to dig the world economy out of a “disturbing” impending coronavirus...

Grimes and Paris Hilton Go Full NFT – But Some Warn of Trouble Ahead


A fragment of Gods in Hi-res by Grimes. The non-fungible token (NFT) gravy train is building up a head of steam in the music and art industry. Within just hours of dance producer 3Lau posting record-breaking sales of almost USD 12m for a batch of exclusive NFTs, the award-winning Canadian musician...

Europeans Warn ECB Not To Mess With Privacy in Digital Euro


Over 40% of Europeans who participated in a recent consultation want a digital euro to ensure privacy protection – a suggestion that EU citizens will not take kindly to a digital currency that involves Big Brother-like monitoring of their transactions by central bankers. These were the findings...

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