Former OneCoin executive faces 40-year sentence
Federal prosecutors in the United States have indicted Irina Dilkinska a former exco of the fake crypto scheme OneCoin for her role in the scheme. She now faces up to 40 years in prison. On March 21, the Department of Justice charged Dilkinska, the former head of legal and compliance at OneCoin, with one count […]
Digital Horse Racing Is Growing: Everything You Need To Know
Looking to satisfy your horse racing fix but don’t want to leave the comfort of your own home? Look no further than digital horse racing! With this virtual form of horse racing, you can experience all the excitement of the track without ever having to put on pants. But that’s not all – digital horse […]
Banks to record crypto transactions in Australia due to SVB crises
Following the spread of the Silicon Valley Bank (SVB) crisis, Australia’s prudential regulator has reportedly requested local banks to record cryptocurrency transactions. The Australian Financial Review reported on March 21 that the Australian Prudential Regulatory Authority (APRA) has begun demanding banks to identify their exposures to startups and crypto-related enterprises. The regulator has asked banks […]
Coinbase petitions SEC explaining why staking is not securities
Coinbase cryptocurrency exchange talks about crypto staking in the industry, petitioning the securities and exchange commission (SEC) with an explanation as to why staking cannot be generally classified as securities. The “Rulemaking Petition” was released by Coinbase on March 20. In an 18-page report, the company analyzed how securities legislation considers services associated with establishing […]
MetaMask, MoonPay partner to enables direct crypto purchases in Nigeria
MetaMask’s expansion of direct on-ramps with local banks in Nigeria facilitates self-custody crypto acquisitions and eliminates the need for centralized exchanges. ConsenSys, the parent company of MetaMask, announced on March 21 a new interface with crypto-fintech MoonPay, allowing customers in Nigeria to acquire cryptocurrencies using rapid bank transfers. The new feature is available on the […]