Brazil advances acceptance of cryptocurrency as currency

While not considered legal tender, crypto earns a spot in the consumer market The Brazilian government finally chose the entity that will regulate the cryptocurrency industry, the Central Bank of Brazil. A decree signed by President Luiz Inácio Lula da Silva certified the validity of the law that will regulate the crypto market and the

The SEC says it can’t yet respond to Coinbase’s request for cryptocurrency clarification

Some crypto insiders believe the securities watchdog is only stalling and doesn’t have an answer Despite recently going on the attack against cryptocurrency companies, the Securities and Exchange Commission (SEC) apparently doesn’t have a solid reason why. Coinbase had requested more guidance and clarity on the principles of the SEC’s new asset class laws via

eToro announces removal of several cryptocurrencies following SEC ruling

The investment platform is going to delist the tokens, but open positions are safe eToro, the Israel-based investment platform, is going to delist several cryptocurrency tokens. In a tweet this week, it announced that its cryptocurrency offering for US customers will undergo adjustments, with four tokens to be removed as of yesterday, June 12. The

Over 1,000 fake cryptocurrency scam sites discovered

A group allegedly from Russia is behind the latest crypto thefts Since the beginning of this year, more than 1,000 deceptive websites have been misguiding people through sham reward schemes that were, until now, unrecognized cryptocurrency fraud. Last week, a team of researchers from Trend Micro released a report indicating that a campaign involving collaboration

The UK continues to tighten cryptocurrency regulations

The UK is taking the lead on bringing regulations to the crypto ecosystem The safeguarding of consumers is the key priority for Britain’s financial regulator, as evidenced by the recent establishment of guidelines concerning the marketing and transaction of cryptocurrency. The financial industry has been under scrutiny for its lack of regulation and high-risk investment

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