El Salvador should not adopt bitcoin as its official currency given the risks associated with this cryptocurrency, the International Monetary Fund said on Monday.This IMF publication comes the day after Salvadoran President Nayib Bukele announced his desire to build “Bitcoin City”, a new city powered by the energy of a volcano and financed by cryptocurrency … Read more
UAE financial regulators have reached an agreement to officially authorize and support cryptocurrency trading in a free economic zone in Dubai. The Dubai World Trade Center Authority (DWTCA) announced on September 22 that it has signed an agreement with the United Arab Emirates’ Securities and Commodities Authority (SCA) to support the regulation and trading of … Read more
Several hundred interrogations and 50 account openings in Germany and abroad were carried out. Thousands of Austrians ripped off. The Central Public Prosecutor’s Office for the Prosecution of Commercial Criminal Matters and Corruption (WKSTA) conducts numerous investigations against international groups of perpetrators, which a large number of private investors in total in connection with so-called … Read more
They will also be virtual but the damage to the economy and the fight against money laundering, organized crime and international terrorism are real.In 2014, the Financial Action Task Force Group(Gafi-Fatf), the independent intergovernmental body that develops and promotes policies aimed at protecting the global financial system against money laundering, terrorist financing and the proliferation … Read more
A pair of 3,000 ethers bought it in 2014. But it never claims to have received the key to the wallet. Now the two are raising money to sue Ethereum. The couple Yuki and Art Williams actually own coins of the digital currency Ether worth 6 million US dollars, which they bought in 2014 during … Read more
According to the will of the EU Commission, crypto wallets without registration are to be banned. This is to prevent money laundering.,The EU Commission has presented a package of measures to prevent money laundering and terrorist financing, which includes regulations for crypto currencies such as Bitcoin, Ethereum or Ripple. The transfers should be completely traceable, … Read more