South Korea Considers Virtual Asset Mixer Regulation
In the face of escalating global concerns and the need to combat crypto money laundering, South Korea is contemplating implementing regulations on virtual asset mixers. South Korea, motivated by the desire to mitigate illicit financial activities, is considering the implementation of regulatory measures on crypto blenders, which are virtual asset mixers notorious for facilitating money […]
Argentine Tenant to Pay Monthly Rent in Bitcoin
A local landlord and tenant in Rosario, Argentina’s third most populous city, have reached a rent agreement in which the tenant will remit monthly rent payments in Bitcoin (BTC). Recent legislative amendments by the new presidential administration have rendered this contract the inaugural of its kind in Argentina, as reported in the local newspaper Paginal […]
Report Shows Scammers Use Tether (USDT) For Illegal Activities
A recent UN Office on Drugs and Crime report indicates that Tether, a significant player in the cryptocurrency industry, is becoming the tool of choice for money launderers and fraudsters in Southeast Asia. The UN’s Office on Drugs and Crime has issued a report that emphasizes the concerning increase in fraudulent activities, with a specific […]
Fidelity Predicts Interest Rate Cuts Could Boost DeFi, Stablecoins
Fidelity, an asset manager, predicts that a forthcoming interest rate reduction by the Federal Reserve of the United States could reignite the interest of major institutions in decentralized finance (DeFi) and stablecoins, assuming the infrastructure continues to advance through 2024. In its 2024 Digital Assets Look Ahead report, published on January 13, Fidelity stated that […]
Michael Saylor’s Team Removes About 80 AI-deep Fake Videos Daily
Daily, his team removes approximately eighty (80) artificial intelligence (AI)-generated deep fake videos featuring MicroStrategy executive chairman Michael Saylor, most promoting Bitcoin-related scams. Saylor cautioned his 3.2 million followers on X (previously Twitter) on January 13 regarding the proliferation of profound fake videos discovered on YouTube, stating that “the con artists continue to release more.” […]