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Nigeria arrests nearly 800 in raid on crypto pig butchering hub

Nigeria’s anti-corruption agency arrested 792 suspected to be involved in a crypto romance scam scheme based out of the country’s largest city.

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EY, the Big Four accounting firm appointed to work on the QuadrigaCX crypto exchange bankruptcy case, wants to move the proceedings from Halifax to Toronto.Local news outlet The Star reports on Aug. 28 that EY has asked a Nova Scotia Supreme Court judge to move the case to Toronto. The firm states that the involvement…
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UK Legislators urge caution in retail digital pound rollout

The committee’s report recommends imposing lower initial limits on the value of retail digital pounds to alleviate the risk of potential bank runs amid market instability. 223 Total views 5 Total shares British legislators are urging a careful stance regarding implementing a retail digital pound. They stress the importance of finding an equilibrium between technological
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Vitalik Buterin expects lots of ways to exchange CBDCs for crypto

Ethereum co-founder believes that CBDCs are good for macroeconomics, but there are also certain challenges. 2462 Total views 4 Total shares Central bank digital currencies, or CBDCs, will be fairly easy to convert into cryptocurrencies in the future, Ethereum co-founder Vitalik Buterin believes.Speaking at the Singapore Fintech Festival 2020 on Dec. 9, Buterin said that…
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