FCA busts suspects in $1.2B illegal crypto asset business

The future president reportedly said that cryptocurrencies “deserved the attention of authorities,” calling for Brazil’s central bank to create a framework for digital assets. 276 Total views 3 Total shares In a close race with outgoing Brazilian President Jair Bolsonaro, Luiz Inácio Lula da Silva, also known simply as “Lula,” won the country’s presidential election…

The launch of the controversial digital ID crypto project, Worldcoin, has stirred up a wave of attention and debate. Led by Sam Altman, the CEO of OpenAI, Worldcoin made headlines with its promise to introduce a futuristic digital identity system based on iris scanning, differentiating humans from artificial intelligence (AI) entities.The process — proof-of-personhood —…

Bitcoin (BTC) has the potential to push its prices to between $250,000 and $350,000 by the end of 2021, a long-standing fractal suggests.First spotted by pseudonymous analyst Bit Harington, the bullish setup drew its inspirations from Bitcoin’s spectacular bull runs every time after halvings, which is when the miner block reward gets cut in half. Analysts perceive…

Despite tightening measures against money laundering and terror financing, India has no immediate plans to regulate cryptocurrency transactions.

The judge urged the plaintiffs to “focus on the task at hand — convincing me that they have stated a plausible claim.” 201 Total views 1 Total shares The California District Judge overseeing a racketeering suit filed against crypto derivatives exchange BitMEX, William H. Orrick, has rebuffed the plaintiffs’ motion offering to provide them with…

One of the most popular e-wallets in the Philippines, GCash, is considering a potential move into crypto following the example of PayPal, Venmo and others. 3668 Total views 5 Total shares GCash, a major digital wallet in the Philippines, is reportedly considering introducing crypto trading services.GCash CEO and president Martha Sazon announced that the firm…

Philippine police have reportedly raided the offices of an alleged cryptocurrency scam that was targeting investors in China.According to a Sept. 15 report by local news outlet Inquirer.net, agents from the Bureau of Immigration, the Presidential Anti-Corruption Commission and the National Police’s Integrity Monitoring and Enforcement Group raided the offices of Grapefruit Services Inc. in…

Fantom’s FTM asset has been one of the top trending tokens of the week, and it barely noticed Bitcoin’s (BTC) midweek swoon that halted many altcoin rallies. Despite Bitcoin’s price dropping below $43,000, FTM has added 114% in U.S. dollar terms and 127% in its BTC pair over the last seven days. FTM’s monthly stats look…

The first spot Bitcoin exchange-traded fund (ETF) application, filed in July 2013, was denied in both 2017 and 2018. A decade has passed since that initial application, and the Securities and Exchange Commission has rejected more than a dozen additional applications and repeatedly punted the date for deciding on others.The ETF saga’s latest iteration saw