US FED are soon to give guidance on CBDC
Jerome Powell, Federal Reserve Chair, stated that a digital currency issued and maintained by the U.S. Central Bank was ‘a very important financial innovation’.
Chatsight Uses it’s A.I Technology to Sniff out Discord Scammers
Web3 developers continue to be plagued by scams and phishing attacks, which have cost the industry more than $1 billion.
Financial Watchdogs need to protect Investors in the crypto space – Swiss Regulators
The head of the Swiss financial watchdog said that crypto trading is becoming more similar to the U.S. stock exchange of the late 1920s. This high-ranking official thinks that regulators around the globe should do more to protect investors.
Rappers Eminem & Snoop Dogg Turn into Board Apes in Latest Music Video
In the semi-animated music video From The D 2 The LBC, Eminem and Snoop Dogg share a striking resemblance with Bored Apes.
Regulators in Ontario Strengthen fight against unregulated crypto exchanges – Kucoin Barred
Ontario Securities Commission has won more courtroom victories against unregistered crypto-exchanges.
Crypto Crimes can now be Reported Through Chainalysis’s New Response Program
A hotline has been set up by the blockchain analytics company for businesses that have fallen prey to crypto crimes like ransomware attacks. It is available 24 hours a day.
Do Kwon Speaks out Over Fraud Allegations – ‘Failing and Fraud are Different Things’
Do Kwon, co-founder of Terraform Labs insists that he believes in the Terra ecosystem’s resilience.
Spanish authorities have introduced a new Crypto Tax Bill which includes Balance Reports
Spanish Treasury has introduced new requirements for reporting and taxation on cryptocurrency holdings. The new rules require taxpayers to report all cryptocurrency holdings to tax authorities. They also have to provide their value in euros and details of transactions, along with their addresses of origin or destination.
Bank of International Settlements Say Crypto Disadvantages have Been Exposed
The Bank of International Settlements, the global central bank body, asserts that the crypto weaknesses previously pointed out “have pretty much materialized.”
Russia Are Set to Test Digital Ruble in Various Sectors Including Real Estate
According to the Russian press, the Central Bank of Russia and participating banks are looking into different types of digital ruble payments. Smart contracts and transactions that relate to crypto assets and real estate will be tested.
