In recent news, the founders and promoters of Airbit Club, a multimillion-dollar cryptocurrency Ponzi scheme, have pleaded guilty to various criminal charges. The scheme had promised its victims “guaranteed daily returns on any membership purchased,” as detailed by the U.S. Department of Justice (DO

Lithuania's New Regulation for Virtual Asset Service Providers (VASPs) and its Impact on the Cryptocurrency MarketLithuania has recently launched a new regulation for Virtual Asset Service Providers (VASPs), which is set to have a significant impact on the cryptocurrency market. The new regulation a

On Wednesday, the House Financial Services Committee held a hearing where Federal Reserve Chairman Jerome Powell was asked about the progress on a central bank digital currency (CBDC), also known as the digital dollar, by Congressman Stephen Lynch (D-MA), the Ranking Member of the Subcommittee on Di

Launched in 2020, FameEX is a secure and global cryptocurrency exchange that has accomplished numerous achievements. Over the past three years, it has attracted 300,000 users from over 50 countries. To enhance its user experience, FameEX has made various optimizations, such as upgrading its interfac

Fed Chair Ponders Potential for Digital Dollar to Send Bitcoin to Zerohttps://www.fameex.com/en-US/news/crypto-trending-news-2023030903Congressman Lynch is worried about a CBDC's impact on crypto. Federal Reserve Chairman Jerome Powell said he wonders why most cryptocurrencies currently have any val

Fears of a Bitcoin sell-off increase as a new Glassnode graphic displays revised US government projected crypto balance.Source: coinmarketcap.comAccording to recent information from blockchain analytics company Glassnode, it appears that some 40,000 Bitcoin stored in wallets connected to law enforce

U.S. Congressman Stephen Lynch (D-MA) expressed concern Wednesday over the possible impact of a central bank digital currency (CBDC), asking Federal Reserve Chairman Jerome Powell to ponder the potential for a tokenized version of the U.S. dollar to wipe out other digital assets.Extract from article

UK Cracks Down Again on Illegal Crypto ATMs in East Londonhttps://www.fameex.com/en-US/news/crypto-trending-news-2023030901The FCA conducted joint operations with the Metropolitan Police against illegal crypto ATMs in East London.India Introduces Money Laundering Provisions For Crypto Sectorhttps://

The U.K. Financial Conduct Authority (FCA) is taking action again against illegally-operating crypto ATMs, this time in East London. Last month, the agency conducted a similar operation in Leeds.Extract from article of beincryptoDisclaimer: The information provided in this section is for information

Bloomberg reported that India’s Finance Ministry said on Tuesday in a notice that anti-money laundering legislation has been applied to cryptocurrency trading, safekeeping, and related financial services. Reuters added that the notification, dated March 7, said the exchange between virtual digital a