UK Government Announces New Strategy to Targets Fraudsters
The UK government will prohibit telemarketing calls for financial products, including insurance and cryptocurrencies, to combat fraud. It also plans to introduce laws to reimburse victims of authorized crypto fraud and work with Ofcom to prevent phone number “spoofing.“ The government of the United Kingdom announced its new fraud strategy and pledged 400 new positions […]
French Senate Eases Crypto Ad Restrictions for Influencers
The French Senate’s Committee has proposed to allow social media influencers to promote crypto products from registered or licensed companies, in contrast to the National Assembly’s stricter stance. The French Senate’s Economics Committee has agreed on a proposal to let social media influencers promote crypto products from companies that have either registered with or obtained […]
Coinbase’s International Move Sparks Community Reactions
Cryptocurrency exchange Coinbase has decided to launch an international platform in response to regulatory challenges in the United States. The move has ignited criticism and optimism from crypto community members. On May 2, the exchange announced the launch of Coinbase International Exchange (CIE), an institutional investor-focused crypto derivatives platform. The exchange will offer trading to […]
Crypto.com launches AI-based Virtual Assistant Amy
Despite the backlash AI receives, it continues to penetrate the crypto industry. Recently, crypto exchange crypto.com launched its AI user assistant dubbed Amy which will inform users about industry insights, including real-time token prices, projects, and historical events. Globally, artificial intelligence (AI) continues its pervasive penetration in industries. The most recent entrant into the crypto […]
Bitdeer Partners with Bhutan’s DHI for $500M Crypto Mining Fund
Bitdeer, a Nasdaq-listed bitcoin miner , has partnered with Bhutan’s state-owned investment company, DHI, to build carbon-free digital asset mining operations and raise $500 million for a crypto mining fund. Bitdeer and DHI to jointly raise $500 million A closed-end fund valued at $500 million that will invest in digital asset mining projects in Bhutan […]