UK uses Love Island star to warn finfluencers on crypto and investment schemes
The financial and advertising regulators of the United Kingdom have teamed up to send a warning to social media “finfluencers” telling them to stop promoting...
Study claims 99.5% of crypto investors did not pay taxes in 2022
Swedish crypto tax firm Divly has released a new report that estimates that only 0.53% of crypto investors globally paid tax on their crypto in...
DeSantis is right — CBDCs will lead to absolute government control
Arguing over the prudence and implications of issuing a central bank digital currency (CBDC) in the United States has seemingly become one of Washington’s favorite...
Paxful co-founders’ litigation cites misappropriation of funds, money laundering, U.S. sanctions evasion
A bitter dispute between Paxful’s co-founders, Artur Schaback and Mohamad (Ray) Youssef, in Delaware's courts may have been the real reason behind the Bitcoin marketplace’s sudden...
Washington state DFI warns Eucoinotrade may be engaging in ‘advanced fee fraud’
The Washington State Department of Financial Institutions (DFI) has issued a consumer protection alert addressing the “alleged cryptocurrency exchange” known as Eucoinotrade. At least one person...
US state regulators announce $10M settlement with Robinhood ‘for failing investors’
The California Department of Financial Protection and Innovation said that the company behind cryptocurrency and stock trading platform Robinhood will likely pay more than $10...
Germany plans to issue electronic shares on blockchain, boost startups
The German government is pushing for more welcoming regulations for startups working with financial innovation in the country, according to the newly drafted legislation of...
Jim Cramer on Coinbase stock: ‘I wouldn’t touch this thing at all’
Famed investor Jim Cramer shares his view on Coinbase stock. BofA analyst reiterates his underperform rating on COIN. Coinbase stock is down nearly 30% versus...
North Korea and criminals are using DeFi services for money laundering — US Treasury
A new report from the United States Treasury Department analyzing decentralized finance concluded that actors from the Democratic People’s Republic of Korea as well as...
Islam and crypto: How digital assets can comply with Islamic financial law
Islamic banking and finance is a system based on the principles of Shariah, or Islamic law, which, among many other things, prohibits the charging or...