Brazil police, US authorities bust transnational crypto fraud ring led by ‘Bitcoin Sheikh’
Brazil's Federal Police busted the "Bitcoin Sheikh" for defrauding thousands of people worldwide and laundering $766 million illicit crypto funds.
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Brazil's Federal Police busted the "Bitcoin Sheikh" for defrauding thousands of people worldwide and laundering $766 million illicit crypto funds.
Cynthia Chung 2 min read
In the U.S., 61% of retail respondents said they currently invest in crypto in Q2. That's an increase of 44% from just 42% investing in crypto in Q1.
The duo will spread Ripple's On-Demand Liquidity (ODL) solution in Brazil to offer instant cross-border payments in crypto.
The bill will bring more transparency to Brazil’s gold mining industry.
Leading European banking institution Santander plans on providing its Brazilian clients with access to a crypto trading solution soon.
Rio de Janeiro secretary of finance and planning is looking to allocate a percentage of the city's treasury into Bitcoin while also providing crypto investors with tax breaks.
The city established a Municipal Committee for Crypto Investments to work on governance and investment models for the city.
Mercado Libre will use Mastercard's CipherTrace Technology to monitor, identify, and understand risks in the crypto space.
Nox Bitcoin, a Brazilian crypto exchange, said it will allocate roughly 620.000 Brazilian reais to reimburse customers who incurred losses associated with the UST de-peg