money

How Crypto Education Regulation and Token01

10 Jun 23

How crypto education, regulation, and token utility will shape the future of money

Blockchain and cryptocurrency technology has taken the financial world by storm, carrying with it the risks and rewards of innovation and investment. It is natural to feel left out, it is also important to educate oneself on the risks involved, the utilities of each potential token investment and the regulatory frameworks designed to prevent fraud, […]

07 Jun 23

Money 20/20 looks at the frontiers of crypto policy and evolution of CBDCs

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied At Money20/20 in Amsterdam, a panel titled “CBDC’s: The Next Steps” discussed the potential of central bank digital currencies (CBDCs), decentralized finance (defi), and decentralized autonomous organizations (DAOs). These concepts carry significant implications for the global financial infrastructure and the future […]

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29 May 23

BKEX suspends withdrawals amid money laundering probe

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied BKEX, a cryptocurrency exchange, has suspended withdrawals of user funds as it looks into claims that the platform was used for money laundering. BKEX partners with authorities to investigate the situation The British Virgin Islands-based cryptocurrency exchange BKEX revealed on May […]

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28 May 23

TikTokker mortgages house for $500K to buy XRP, now losing money

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied A TikTok influencer who reportedly mortgaged his house for $500k to invest in XRP, the native currency of the XRPL and coin used by Ripple, is losing money and unable to recoup his initial capital, data on May 28 shows. TikTokker […]

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03 May 23

FBI seizes nine crypto exchanges over money laundering

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The FBI has seized nine cryptocurrency exchanges allegedly involved in money laundering connected to ransomware payments. The Federal Bureau of Investigation (FBI) has taken over 24xbtc.com, 100btc.pro, pridechange.com, 101crypta.com, uxbtc.com, trust-exchange.org, bitcoin24.exchange, paybtc.pro, and owl.gold. The servers of these exchanges were […]

30 Apr 23

Crypto is the only money AI systems can control and spend: ShapeShift founder

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Crypto is the only form of money that artificial intelligence (AI) systems can incorporate, Erik Voorhees, in a recent tweet, has claimed. Crypto and AI seamlessly fit Voorhees, a libertarian advocating for less regulation in the crypto industry, opined that AI […]

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29 Mar 23

Sam Bankman-Fried funds legal defense with Alameda Research money

Sam Bankman-Fried (SBF), the founder of fallen crypto exchange FTX, has been paying for his legal defense with millions of dollars that he allegedly gave to his father using money from Alameda Research. The multi-million dollar donation financed by an Alameda loan was handed to SBF’s father, Joseph Bankman, a Stanford Law Professor, in 2021. […]

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10 Mar 23

South Dakota governor vetoes bill excluding cryptos from definition of money

South Dakota governor Kristi Noem has formally rejected legislation that would have excluded bitcoin (BTC) and other cryptocurrencies from the definition of money. Bill excluded crypto but classified CBDCs as money The legislation, known as House Bill 1193, was intended to amend provisions of South Dakota’s Uniform Commercial Code to exclude digital assets from being […]