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El Salvador Talks Crypto with Policy Makers in Washington

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Time Stamp: April 28, 2022 1:03 PM - Modified On: April 28, 2022 - Published By:
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by Gerard Dache | Apr 27, 2022 | Conference, Crypto Asset Compliance, Digital Economy Working Groups, Economic Analysis, Finance Regulations & Banking, Governance, Legal, Reg, Compliance Working Groups, Mining & Cryptocurrency On May 26, 2022, Ambassador Milena Mayorga of El Salvador will address a gathering of 600 innovators, public-sector administrators, legislators, and executives in Washington, DC. She will be sharing the experiences of El Salvador regarding the adoption of Bitcoin as legal tender. Her country leads the world in the national adoption of cryptocurrency. That evening Ambassador Mayorga will be

SCCG VENTURE FUND MAKES INVESTMENT IN PLAYCALLER

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Time Stamp: March 19, 2022 6:49 AM - Modified On: March 19, 2022 - Published By:
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SCCG VENTURE FUND 1 MAKES INVESTMENT IN PLAYCALLER Stephen Crystal announced today one of the first gaming opportunity investments in PLAYCALLER, a Client Partner of SCCG Management, offering strategic support and business development. The SCCG Venture Fund (“SCCG VF”), managed by Stephen Crystal, David Hanlon, Pierre Cadena and Dave Antony, is an alternative investment fund that focuses on increasing value and distributing profit through investing in gaming opportunities, targeting the best opportunities for Seed / Series A funding. The fund specializes in identifying the most innovative companies and founders that

Kazakhstan Is Stabilizing, Government Claims as Crypto Miners Look to Future in Country

Source Node: https://news.bitcoin.com/kazakhstan-is-stabilizing-government-claims-as-crypto-miners-look-to-future-in-country/
Time Stamp: January 10, 2022 12:30 PM - Modified On: January 10, 2022 - Published By:
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The situation across Kazakhstan, hit by anti-government protests in the first week of the year, is normalizing, central authorities claim. The country’s massive crypto mining industry, which faced an internet blackout during civil unrest on top of power shortages, now hopes that the country will nevertheless remain an attractive location for miners. President Tokayev Has Nation Under Control After days of turmoil, the embattled administration of Kazakhstan’s President Kassym-Jomart Tokayev says it now has the country stabilized. Law enforcement agencies have retaken all administrative buildings that were attacked by protesters

Quentin Tarantino Sued for an Upcoming Auction of Pulp Fiction NFTs

Source Node: https://news.bitcoin.com/quentin-tarantino-sued-for-an-upcoming-auction-of-pulp-fiction-nfts/
Time Stamp: November 20, 2021 4:00 AM - Modified On: November 20, 2021 - Published By:
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Quentin Tarantino, the acclaimed film director, is being sued by Miramax, a Hollywood film producer and distributing company, due to the auction of a series of NFTs related to “Pulp Fiction,” one of the director’s most popular films. The conflict lies in the interpretation that Miramax makes from the initial contract between the parts, arguing that the sale of NFTs does not constitute a publication of any part of the script. Miramax Sues Quentin Tarantino Miramax, the Hollywood movie company, sued Quentin Tarantino, the acclaimed film director, for the upcoming

Floki Inu Cryptocurrency Ads Under Investigation in UK

Source Node: https://news.bitcoin.com/floki-inu-cryptocurrency-ads-under-investigation-uk/
Time Stamp: November 20, 2021 1:30 AM - Modified On: November 20, 2021 - Published By:
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The U.K.’s advertising authority has launched an investigation into advertisements for the cryptocurrency floki inu (FLOKI). The ads, titled “Missed Doge? Get Floki,” have appeared on London buses and the underground. The team behind the floki inu ad campaign says the advertisements are “legally cleared,” and the advertising authority’s action is “an attack against cryptocurrency and against the people’s freedom of choice — a clear attempt at censorship.” UK’s Advertising Authority Investigating Ads for Floki Inu Cryptocurrency The Advertising Standards Authority (ASA), the U.K.’s regulator of advertising, is investigating advertisements

Israeli Police Arrest Beitar Jerusalem Owner and 7 Suspects in Multimillion-Dollar Crypto Fraud

Source Node: https://news.bitcoin.com/israeli-police-arrest-beitar-jerusalem-owner-7-suspects-multimillion-dollar-crypto-fraud/
Time Stamp: November 19, 2021 10:30 PM - Modified On: November 19, 2021 - Published By:
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Israeli police have arrested eight suspects in connection with a cryptocurrency fraud scheme after raiding their homes and seizing evidence. One of the suspects is Moshe Hogeg, a well-known owner of the premier soccer team Beitar Jerusalem Football Club. 8 People Arrested in Crypto Fraud Scheme in Israel Israeli police arrested eight suspects Thursday allegedly stealing tens of millions of shekels in a cryptocurrency fraud scheme. The arrests were made after officers from the police’s Lahav 433 anti-corruption unit raided the suspects’ homes and offices. They gathered evidence and seized

India Considers Allowing Only Preapproved Cryptocurrencies — Crypto Regulation Expected by Year-End: Report

Source Node: https://news.bitcoin.com/india-preapproved-cryptocurrencies-crypto-regulation-expected-year-end/
Time Stamp: November 19, 2021 9:30 AM - Modified On: November 19, 2021 - Published By:
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India is reportedly considering allowing only preapproved cryptocurrencies to be listed and traded on exchanges. In addition, the government aims to both introduce and pass a cryptocurrency law by year-end. Indian Crypto Regulation and Preapproved Cryptocurrencies India is considering allowing only cryptocurrencies that have been “preapproved by the government” to be listed and traded on exchanges, Reuters reported Thursday, citing two sources familiar with the discussions. The approval process is intentionally cumbersome to deter investors from holding cryptocurrencies, the sources said, adding that the government is unlikely to go through

NFT-Collateralizing South African Startup Raises $5 Million in Latest Seed Round

Source Node: https://news.bitcoin.com/nft-collateralizing-south-african-startup-raises-5-million-in-latest-seed-round/
Time Stamp: November 19, 2021 7:30 AM - Modified On: November 19, 2021 - Published By:
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A South African startup, NFTfi, is reported to have recently raised $5 million which the company intends to use for boosting its business of collateralizing non-fungible tokens (NFTs). Cryptocurrency Loan Marketplace According to a Techcrunch report, NFTfi’s $5 million capital raise was led by U.S. actor Ashton Kutcher’s Sound Ventures. The other investors that participated in the funding round include Maven 11, Scalar Capital, and Kleiner Perkins. The company, which was founded by Stephen Young in February 2020, already acts as a marketplace where users can get a cryptocurrency loan

This Singapore Banking Giant May Offer Crypto Services Soon

Source Node: https://coingape.com/this-singapore-banking-giant-may-offer-crypto-services-soon/
Time Stamp: November 19, 2021 6:08 AM - Modified On: November 19, 2021 - Published By:
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Amid Singapore’s ongoing effort to establish itself as a key player in the global crypto economy by laying out a clear regulatory framework, one of the country’s leading banking institutions, Oversea-Chinese Banking Corp. (OCBC) is considering the incorporation of crypto services by setting up a crypto exchange. The Chief Executive Officer at OCBC, Helen Wong told Bloomberg in an exclusive interview that the bank is researching the subject of starting a crypto exchange. However, she noted that OCBC’s intent to explore the decentralized industry is not driven by its popularity,

Kucoin Labs Launches $100 Million Metaverse Investment Fund

Source Node: https://news.bitcoin.com/kucoin-labs-launches-100-million-metaverse-investment-fund/
Time Stamp: November 19, 2021 6:00 AM - Modified On: November 19, 2021 - Published By:
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Kucoin Labs, the investigative and investment arm of Kucoin, a cryptocurrency exchange, has launched a $100 million fund to incubate early metaverse related projects. These include blockchain gaming initiatives, NFT platforms, and decentralized platforms, among others. The support will also include direct involvement with the projects selected, including counseling about branding and marketing. Kucoin Invests in Metaverse Kucoin, one of the leading exchanges in Asia, has taken the first step to hop on the metaverse train. The investment and investigation arm of the exchange, Kucoin Labs, has launched a $100

Norway Considers Backing Swedish Crypto Ban Proposal, Hints Minister

Source Node: https://www.bitcoinnewsminer.com/norway-considers-backing-swedish-crypto-ban-proposal-hints-minister/
Time Stamp: November 19, 2021 5:39 AM - Modified On: November 19, 2021 - Published By:
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Norway is considering a crypto mining ban proposal put forth by two Swedish regulatory officials, Minister of Local Government and Regional Development Bjørn Arild Gram hinted in a Nov. 17 interview with Euronews. Norway is “currently considering potential policy measures” to address the “challenges related to crypto mining.” In this context, they are “looking at the solutions proposed by the Swedish regulators” with an eye on Europe-wide regulations, Gram said. In an open letter, officials from two of Sweden’s top regulators called for Europe to ban proof-of-work mining in order