SEC Charges Novatech and Its Founders With Fraud
The US SEC formally charged Novatech, its founders, Cynthia and Eddy Petion, and promoters who advertised the platform with fraud.
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Hong Kong Sets 18-Month Deadline to Revamp Digital Asset Regulations
As part of its goal to establish itself as a global center for financial technology, Hong Kong plans to strengthen its legislation regarding digital assets within the next 18 months.
Venezuela Shuts Binance and X Amid Presidential Election Dispute
In the midst of protests over contested presidential election results, the government of Venezuela has restricted access to X (formerly Twitter), Binance, and other online services.
Kyrgyz Republic Unveils Digital Som Legislation, CBDC Launch by 2027
A draft law for establishing a Kyrgyz CBDC has been made available by the NBKR.
IRS Revises Draft Crypto Reporting Form for US Taxpayers
The IRS of the United States has revised its draft form, which requires taxpayers to disclose transactions involving digital assets beginning in 2026.
CoinCodeCap WeekInFocus: August 11, 2024
WeekInFocus is your ally in plugging in the gaps in the news you might have missed during the course of the previous week. Beyond that, it serves as a catalyst for your professional and personal development by introducing you to new ideas and exciting job opportunities. Join us in accepting both what is occurring and what is conceivable.
Bitrace Issues Warning on New QR Code Crypto Scam
The blockchain analysis company Bitrace said on social media that if you scan the incorrect QR code, it might empty your wallet.
Australian Federal Police to Investigate 2,000 Exploited Crypto Wallets
Following a wave of crypto phishing scams that have affected at least 2,000 Australian-owned crypto wallets, the AFP claims to be looking into losses from these schemes.
CoinCodeCap WeekInFocus: August 4, 2024
WeekInFocus is your ally in plugging in the gaps in the news you might have missed during the course of the previous week. Beyond that, it serves as a catalyst for your professional and personal development by introducing you to new ideas and exciting job opportunities. Join us in accepting both what is occurring and what is conceivable.
EU Watchdog Flags Offshore Crypto Risks Under New MiCA Regulation
The ESMA has released a new Opinion outlining the severe risks associated with international crypto companies that apply for partial authorization under the MiCA regulation.
