Pinellas Park Man Steals Over $575k Worth Of Crypto
According to the Clearwater Police Department, a 27-year-old Pinellas Park man stole $575,000 in cryptocurrency from an elderly individual while installing electronics in the victim’s home. According to an arrest affidavit, Aaron Daniel Motta of Pinellas Par k faces felony charges of grand theft and offenses against internet users. According to the report, Motta was at […]
European Union Bans High Value Crypto Services To Russia
As part of the fifth package of sanctions imposed in response to the Ukraine war, The European Union member states today agreed to ban the provision of high-value crypto-asset services to Russia. The decision comes after reports that crypto is being used to get around sanctions imposed in response to Ukraine’s invasion. The measure will […]
Coinbase Commences Crypto Services in India
Coinbase, a crypto exchange platform has announced that its crypto trading services are now available to users in India. The exchange’s app will now be available in India, according to the company, which announced the news during an event in Bengaluru, India’s innovation capital. By trade volume, Coinbase is the world’s second-largest exchange. Coinbase co-founder […]
Central Bank of Nigeria (CBN) Sanctions Banks Over Crypto Regulations
The Central Bank Of Nigeria (CBN) has sanctioned and fined three commercial banks, Access Bank Plc, United Bank for Africa Plc, and Stanbic IBTC Bank a total of N800 million for failing to comply with regulations prohibiting customers from trading in cryptocurrencies. The sanctions are part of the CBN’s efforts to crack down on cryptocurrency […]
UN Agency Accepts First Crypto Donations To Assist Ukrainian Refugees
The United Nations High Commissioner for Refugees (UNHCR), a UN refugee agency, has accepted its first-ever crypto donations for humanitarian help to Ukrainians fleeing the country’s turmoil. Since the war began, Ukraine has received over $100 million in cryptocurrency donations, which have proven crucial to the country and its people. Binance Charity donated $2.5 million […]