The Federal Bureau of Investigation separately released a statement, seeking to identify potential victims of the fraud. US federal prosecutors have charged a 26-year-old Canadian citizen in connection with a $42 million fraud scheme, claiming to raise funds for investments in crypto, TradFi markets. Nathan Gauvin lured individuals on the social media platform Discord, directing…
The country says a CBDC is not needed now but remains ready to launch one if required, as it continues studying both retail and wholesale digital krone models. Norway’s central bank has decided it does not need a central bank digital currency (CBDC) for now, capping several years of research and signalling that the country’s existing…
The exemptions allow the use of omnibus accounts, reducing costs and improving operational efficiency. Australia’s securities regulator has finalized a set of exemptions designed to make it easier for businesses to distribute stablecoins and wrapped tokens. Key Takeaways: The Australian Securities and Investments Commission (ASIC) said Tuesday that it is granting “class relief” for intermediaries involved in…
