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Irish Police Investigate Massive Bitcoin Scam That Allegedly Stole Millions From High-Net-Worth Individuals
By Felipe Erazo
Irish police are on high alert due to the rising number of cases related to a bitcoin-related scam targeting high-net-worth people in the country. The situation has become worrisome because suspicious high-value transactions have already been noticed by authorities. Authorities…
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Spain Is ‘Close’ to Regulating Crypto-Related Ads in the Streets, Says CNMV President
By Felipe Erazo
Spanish financial authorities don’t seem to be happy with the massive crypto-related advertising campaigns deployed across Madrid’s streets. The National Securities Market Commission (CNMV) is rushing to approve a regulation on such ads that promote bitcoin in Spain. Proposal Comes…
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Digital euro could take four years, says ECB president Christine Lagarde
By Helen Partz
The ECB will decide whether to proceed with digital euro pilots by mid-2021, Lagarde said. It could be a while before European Union gets a central bank digital currency, if it gets one at all.In a Wednesday interview with Bloomberg…
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Spanish Island Government Decides to Sell Its Bitcoin Investment by Citing ‘Ethical’ Reasons
By Felipe Erazo
Bitcoin is not liked by everyone from the Island Council of Tenerife, Spain. At least that’s what was suggested by its president, Pedro Martín, who ordered the sale of the local government’s investment in cryptocurrency. Bitcoin Is an ‘Opaque’ Currency,…
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Italian Copyright Agency Selects Algorand to Create Over Four Million NFTs to Represent Author Rights
By Felipe Erazo
The non-fungible token fever witnessed over the last few months is catching the copyright management agencies’ attention. One of them, located in Italy, has chosen a blockchain company to create its own NFTs. SIAE Expects to Guarantee Copyright Protection With…
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Domestic and Foreign Buyers Acquired a ‘Tokenized’ Apartment in a Spanish City by Paying With Ethereum
By Felipe Erazo
National and foreign buyers acquired a “tokenized” apartment in Spain with ethereum, which involved a domestic crypto exchange and a real estate investment firm. The city of Sevilla was the scenario for the crypto deal between the parties. Transaction Was…
European Central Bank tries to quell Germans' doubts about digital euro
A future digital euro wouldn’t be a threat to savers, say officials from the European Central Bank. The European Central Bank, or ECB, has been investigating the possibility of launching a digital euro project within five years to complement existing…
German federal bank runs successful blockchain system without a CBDC
By Greg Thomson
Executives at the Deutsche Bundesbank are eager to launch a blockchain-based system without the need for a CBDC — and they just might succeed. Germany’s federal bank, the Deutsche Bundesbank, has run successful tests on a project which bridges the…
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Belarus President Calls to Increase Regulation on Cryptocurrencies, Citing ‘China’s Experience’
By Felipe Erazo
The Belarusian president held a meeting over the week where he mentioned cryptocurrencies within the context of regulating the IT industry. Alexander Lukashenko hinted at tightening the regulatory framework to control crypto usage in Belarus. Lukashenko Seeks to Create a…