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Founders of Multimillion-Dollar Global Crypto Ponzi Scheme ‘Airbit Club’ Plead Guilty – Regulation Bitcoin News

boss Bitcoin News, News

The founders and promoters of multimillion-dollar cryptocurrency Ponzi scheme Airbit Club have pleaded guilty to various criminal charges. Airbit Club victims were promised “guaranteed daily returns on any membership purchased,” the U.S. Department of Justice (DOJ) detailed. Airbit Club’s Operators and Promoters Plead Guilty The U.S. Department of Justice (DOJ) announced Wednesday

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Dubai-Headquartered Crypto Exchange MaskEX Launches Virtual Card for Worldwide Spending and Welcomes Ben Caselin as Vice President to Drive Global Expansion Effort – Press release Bitcoin News

boss Exchanges, News

press release PRESS RELEASE. Dubai, United Arab Emirates, March, 2023 – MaskEX, a rapidly expanding third-generation crypto exchange, headquartered in Dubai, has announced the launch of its crypto-backed Virtual Card, enabling users to spend their crypto as fiat in more than 176 countries with over 50 million merchants worldwide. This

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Dubai’s Crypto Industry Welcomes New Licensing Regime Amid Global Regulatory Uncertainty

boss Bitcoin News, News

“It's not something that's prescriptive, because you do need, in this industry, to be slightly flexible, insofar as it’s a fast-paced, fast-moving industry. So if you're very prescriptive in nature, you could probably expect it to be something that was out of date as soon as you wrote it,” Swartz

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Coinbase CEO Calls for Clear Crypto Regulations in US to Catch Up with Other Global Financial Hubs

boss Analysis

According to Armstrong, the crypto asset market is here to stay, thus the reason traditional financial services are integrating with the blockchain and cryptocurrency industry. The call for crypto asset regulations in the United States has intensified following the collapse of Terra Luna UST and FTX last year. Already, the United

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Crypto donations amplify speed and global reach during crisis

boss Cryptocurrency Market, News

Donations made in cryptocurrencies are proving to be a fast and far-reaching means of providing financial aid during times of crisis, according to multiple industry players.This has proven to be the case after devastating earthquakes hit parts of Turkey and Syria in February. Blockchain analytics firm Chainalysis estimates that around $5.9 million

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Korea’s Lotte Group Partners Multi-Chain Network Polygon on NFT Global Drive Scheme

boss Analysis

Lotte plans to push its NFT endeavors with the help of the scalable Ethereum-compatible network provided by Polygon.  South Korean multinational conglomerate Lotte Group partnered with Polygon to expand its non-fungible token (NFT) business. According to reports, Lotto plans to use the popular blockchain to usher its NFT affairs onto the global

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FSB, IMF and BIS papers to set global crypto framework, says G20

boss Cryptocurrency Market, News

The Financial Stability Board (FSB), the International Monetary Fund (IMF), and the Bank for International Settlements (BIS) will deliver papers and recommendations establishing standards for a global crypto regulatory framework, announced on Feb. 25 the group of the 20 biggest economies of the world, collectively known as G20. According to a

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Global Crypto Rules to be Based on Coming FSB & IMF Synthesis Paper, India Says After G20 Meetings

boss Bitcoin News, News

India's Central Bank Governor Shaktikanta Das said that there was a marked shift in perception around crypto assets by G20 nations in the past year which saw the collapse of several major crypto companies, including FTX, and a global contagion. There is a wide acceptance about risks involved in crypto

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