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    Iran Urges BRICS to Create Financial System Free From Western Influence

    by skolnes October 23, 2024
    October 23, 2024

    Iranian Ambassador Kazem Jalali has urged BRICS nations to establish an independent financial and banking system, free from Western standards, which he claims harm Global South countries. Speaking ahead of …

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  • Bitcoin News

    UK Stands Firm on Tough Crypto Regulations, Warns Against Lowering Crypto Standards

    by skolnes October 23, 2024
    October 23, 2024

    A Financial Conduct Authority (FCA) official has emphasized the importance of high regulatory standards for crypto asset registrations. She defended the UK’s stringent rules, aiming to protect consumers and financial …

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    Japan’s Election Heats up With Calls for Crypto Tax Cuts and Regulatory Reforms

    by skolnes October 23, 2024
    October 23, 2024

    Yuichiro Tamaki, leader of Japan’s Democratic Party for the People, is advocating for significant cryptocurrency tax reforms ahead of the general election. His party proposes a 20% tax on crypto …

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    Japanese Entertainment Giant’s Crypto Arm in Partnerships to Support Web3 Economy

    by skolnes October 23, 2024
    October 23, 2024

    Japanese cryptocurrency exchange DMM Crypto has secured Neoclassic Capital, a Florida-based global investment firm, as its lead investor. DMM Crypto also partnered with Presto, a quantitative trading company. The investments …

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  • Bitcoin News

    Football Stars to Face Legal Actions Regarding $3.2B Pyramid Scheme Promotion

    by skolnes October 23, 2024
    October 23, 2024

    Promoting Omegapro, a pyramid scheme that raised over $3 billion from over 3 million customers, might make a group of European football stars face legal action. Hundreds of users affected …

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  • Bitcoin News

    Is G20 Losing Relevance? BRICS’ Rise Signals Shift in Global Power

    by skolnes October 23, 2024
    October 23, 2024

    The rapid rise of BRICS is challenging the relevance of the G20 as a global platform, with BRICS nations now surpassing the G7 in economic output. As BRICS gains influence, …

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  • Bitcoin News

    Wazirx Security Breach: Liminal’s Analysis Points to Deeper Issues

    by skolnes October 23, 2024
    October 23, 2024

    Liminal Custody has released an update addressing the allegations and misinformation surrounding the Wazirx security breach. The company clarified that while Wazirx blamed it for the incident, the exchange continued …

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  • Bitcoin News

    BRICS Nations in ‘Intense Discussions’ to Develop Common Payment System

    by skolnes October 23, 2024
    October 23, 2024

    BRICS nations are actively discussing the development of a common payment system and the use of national currencies for trade, with Indian Foreign Secretary Vikram Misri confirming that intense talks …

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  • Bitcoin News

    Coinbase CEO, Elon Musk Back Pro-Crypto Senate Challenger Against Elizabeth Warren

    by skolnes October 23, 2024
    October 23, 2024

    Coinbase CEO Brian Armstrong and Tesla CEO Elon Musk have voiced their support for pro-crypto Senate candidate John Deaton in his race against Elizabeth Warren. Armstrong warned that Warren, a …

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  • Bitcoin News

    SEC’s Crypto Crackdown Questioned — Will Clear Guidance Finally Emerge?

    by skolnes October 22, 2024
    October 22, 2024

    The enforcement-heavy approach of the U.S. Securities and Exchange Commission (SEC) to crypto regulation is stifling innovation and leaving the market without clear standards, an SEC commissioner has warned. Criticizing …

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