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Outbreak of Crypto Frauds Amid Coronavirus Outbreak

...kly. The world’s most popular video-hosting website is apparently having trouble discovering a major scam account involving crypto. A fake YouTube account with 277,000 subscribers was revealed after impersonating CEO of major blockchain company ripple, in order to promote a fake airdrop scam. The video description promotes a nonexistent airdrop of 50 million XRP tokens and has amassed over 85...

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Nigeria’s Crypto regulation as a solution for financial services

...is said that if the virtual digital assets can be classified as securities and they will be treated as securities and will fall under the jurisdiction of the SEC. In 2018 Central Bank of Nigeria did declare that crypto-currencies such as Bitcoin, ripple, Monero, Litecoin, Dogecoin and others, were not considered as the money or any other means of payment. Although new regulation has not introdu...

Path: Blog