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Top Australian BitConnect promoter banned by ASIC for 7 years

The Australian Securities and Investments Commission (ASIC) has banned John Louis Anthony Bigatton, the former ‘Australian National Representative’ of the multi-billion-dollar crypto Ponzi scheme BitConnect, from providing financial services for seven years.ASIC asserts that the New South Wales resident provided unlicensed financial product advice and engaged in misleading and deceptive

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Myanmar Central Bank Claims Crypto is Banned, Users Disagree

The Central Bank of Myanmar (CBM) announced that it does not recognize cryptocurrencies as an official currency and anyone caught trading digital assets can be imprisoned or fined.But local crypto enthusiasts dispute whether the pronouncements have any force in law. Reported by the Myanmar Times, the country’s central bank issued an

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