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IMF Urges El Salvador to Drop Bitcoin as Currency, Citing Financial Stability Risks

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The International Monetary Fund is urging El Salvador to stop using Bitcoin as legal tender citing financial stability risks.
The post IMF Urges El Salvador to Drop Bitcoin as Currency, Citing Financial Stability Risks appeared first on BeInCrypto…
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Aussie ‘Arbitrage King’ Claims Bullies Led Him to Commit $100+ Million Crypto Fraud

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Australian-born former crypto hedge fund manager Stefan He Qin, who last weekend began his seven-and-a-half year sentence in a US federal prison for securities fraud, says he lied about his investors’ returns “to avoid being bullied”…
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Indonesia’s Regulator Prohibits Financial Firms From Facilitating Crypto Trading

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Indonesia’s Financial Services Authority (OJK) has prohibited financial firms from using, marketing, and/or facilitating crypto trading. The financial regulator also cautioned the public to always beware of fraudulent Ponzi schemes under the guise of crypto. Indonesian Regulator’s Crypto Warning Indonesia’s Financial Services Authority (OJK), the Jakarta-based government agency which regulates the financial services sector…
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Show Them the Money! Bank of America Just Threw $1 Billion at the Great Resignation

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As the war for talent rages on, the bank with more than $2 trillion in assets is now expanding access to its stock program to hang onto its workforce…
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Ex-Goldman Sachs banker launches next-generation investing crypto and stocks app “Domain Money” after a $33 mil raise.

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A former Goldman Sachs investment banker has turned to crypto and launched a crypto trading app in the wake of a $33M fundraising round. The platform aims to give serious investors more control and access to trading stocks and the crypto market, along with real-time market intelligence…
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More Than Money: GameFi’s Richard Leach talks earning money through blockchain games

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CoinGeek’s Patrick Thompson caught up with Richard Leach, who talked about how GameFi allows players to earn money while playing games and why they chose Bitcoin SV. […]
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The post More Than Money: GameFi’s Richard Leach talks earning money through blockchain games appeared first on CoinGeek…
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Money laundering 0.05% of all crypto transactions in 2021: Chainalysis report

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Every year since 2017, blockchain analysis company Chainalysis publishes a report focusing on money laundering and illicit transactions going through the cryptocurrency ecosystem.
The post Money laundering 0.05% of all crypto transactions in 2021: Chainalysis report appeared first on CryptoSlate…
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Latino Founders Have a Hard Time Raising Money From VCs

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Despite diversity pledges, funding to Latino-founded startups in the US still lags—accounting for only 2 percent of venture investments last year…
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JCN’s Severino: Stephen Breyer ‘Bullied’ Into Retiring by ‘Left-Wing Dark Money Groups’

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U.S. Supreme Court Justice Stephen Breyer was ushered into retirement by “left-wing dark money groups,” according to a statement Wednesday by Carrie Severino, president of the conservative Judicial Crisis Network…
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Stonehenge tunnel: ‘no value for money’ found in alternative routes

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Extending the tunnels for the £1.7bn A303 Stonehenge scheme will not provide enough value for money, National Highways has concluded. As part of a re-application for a development consent order to be decided by the transport secretary, the roads agency revisited a number of alternative…
The post Stonehenge tunnel: ‘no value for money’ found in alternative routes appeared first on Construction News…
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