Brazil Ditches BRICS Currency Plan, Favors Trade in National Currencies
Brazil has reportedly decided against pursuing a common currency for the BRICS nations during its presidency this year. Instead, the focus will be on facilitating trade in local currencies, a move that’s been met with warnings from U.S. President Donald Trump...
Korea’s Crypto Leap: FSC to Permit Institutional Investors to Open Virtual Asset Trading Accounts in H2
Starting in the second half of the year, South Korea will allow certain institutional investors, including listed companies, to open virtual asset trading accounts. Risks of Institutional Participation South Korea will allow certain institutional investors to open...
Feds Say AI Crypto Firm Was a Scam, Owner Faces Trial
A Las Vegas businessman, Brent C. Kovar, 58, has been indicted for allegedly orchestrating a $24 million cryptocurrency Ponzi scheme through his company, Profit Connect. Prosecutors claim Kovar falsely promoted Profit Connect as an artificial intelligence-powered...
India Seizes $198M in Crypto—Unraveling One of the Biggest Crypto Frauds
India’s ED seizes $198 million in crypto linked to Bitconnect’s infamous Ponzi scheme. A global fraud, high returns promised, and digital assets hidden—here’s the full story. India Seizes $198M in Crypto in Bitconnect Fraud Probe India’s Directorate of...Interesting 13
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