Tag Archives: cryptocurrency

China Emphasizes Support for Central Bank-Backed Digital Currencies

China Emphasizes Support for Central Bank-Backed Digital Currencies

China is eyeing stronger international management of state-backed digital currencies. According to Mu Changchun, a system that facilitates the direct and efficient exchange of various digital currencies must be established to ensure a dependable and seamless trade among countries. The People’s Bank of China’s (PBOC) head of its “e-yuan” project recommended a scalable and overseen […]

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Dubai Welcomes Crypto Businesses

Dubai Welcomes Crypto Businesses

Dubai is an industrialized city in the Middle East. The United Arab Emirates’ business center is well-known for its cryptocurrency-friendly environment. Additionally, it has gained world recognition for its technology-focused regulatory structure. This month, the Dubai Multi Commodities Centre (DMCC) has inked an agreement with the UAE’s Securities and Commodities Authority (SCA). The accord permits […]

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Romanian Cryptocurrency Thief Faces Money Laundering, Other Charges

Romanian Cryptocurrency Thief Faces Money Laundering, Other Charges

Police officers arrested a Romanian national suspected of stealing units of a cryptocurrency worth half-a-million euros. The alleged cryptocurrency thief will reportedly get charged with money laundering, unlawfully accessing an informatics system and informatics fraud. The police authorities captured the alleged robber yesterday, Thursday, March 11. This news regarding cryptocurrency fraud is a must-read for […]

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