Ex-Man Utd and Brazil star Anderson faces alleged charges for role in crypto fraud
Anderson, a former Manchester United and Brazil midfielder, is allegedly facing various criminal accusations related to his role in a cryptocurrency racket, including aggravated theft, fraud, and money laundering. According to Brazilian publication Globo, the 33-year-old is being investigated for his suspected role in an illegal scheme last year while working as an assistant manager […]
Organizations are currently accepting crypto donations for Afghan refugees
Following the Taliban’s control of several densely populated districts, thousands of Afghans have been accepted as refugees in other countries. As a result, numerous humanitarian groups are now collecting cryptocurrency donations. Thousands, if not millions, of Afghans, have attempted or are attempting to abandon their homes , fearful of what the Taliban would do now […]
Crypto regulation has been endorsed by Brazil’s central bank
The Brazillian Central bank head Roberto Campos Neto spoke about the country’s CBDCs project and also recognizes the demand for greater crypto regulation as the country evolves in the market. Roberto Campos Neto, president of the Central Bank of Brazil, spoke at an online session hosted by the Council of the Americas about transparent payment […]
Survey shows American investors are more inclined to buying crypto with credit card
Out of 1,000 American respondents, 21 percent intend to incur consumer debt to purchase crypto, while more than 20 percent intend to use bank funds or refinance their homes. As the crypto ecosystem matures and becomes more mainstream, a recent study of millennials reveals a shift in investor sentiment and spending behaviour. According to GamblersPick’s […]
Coinbase discloses plans to add $500M worth of crypto to its digital assets
While unveiling intentions to add half a billion dollars worth of crypto to its balance sheet, Coinbase CEO Brian Armstrong anticipates the percentage of income spent on cryptos to climb over time. In an August 20 tweet, Coinbase CEO Brian Armstrong revealed that the business’s board of directors had approved the crypto spending spree, adding […]