Venezuelan Passport Fees Must Be Paid In Cryptocurrency Petro

Venezuelan Passport Fees Must Be Paid In Cryptocurrency Petro

According to recent news, Venezuelans can only pay for passport fees with state-backed cryptocurrency, the Petro. Venezuela has been in economic trouble, and two months ago, president Maduro changed tactic by issuing a new domestic currency which will scale down the volume of currency traded at the moment. The Bolivar Soberano will essentially be a … Continue reading Venezuelan Passport Fees Must Be Paid In Cryptocurrency Petro

New York Attorney General Report Claims Crypto Exchanges Are Prone to Manipulation

New York Attorney General Report Claims Crypto Exchanges Are Prone to Manipulation

The office of New York Attorney General (NYAG) has published a 32-page report, titled Virtual Markets Integrity Initiative yesterday, September 18th. The months-long investigation suggests that crypto exchanges are vulnerable to market manipulation and are not doing enough to protect their clients. Additionally, several exchanges were forwarded to the Department of Financial Services to investigate … Continue reading New York Attorney General Report Claims Crypto Exchanges Are Prone to Manipulation

Paris Saint-Germain to Launch Its Own Digital Currency

Paris Saint-Germain to Launch Its Own Digital Currency

Paris Saint-Germain (PSG), the defending French champion and one of the wealthiest football clubs worldwide, is considering to release its own cryptocurrency as a way to increase fan participation on a global scale. Despite being the only team from the capital in the French top division, PSG have struggled for most of their recent history. … Continue reading Paris Saint-Germain to Launch Its Own Digital Currency

Founder Of The Crypto Exchange OKEx Has Been Arrested by Shanghai Police for Suspected Fraud

Founder Of The Crypto Exchange OKEx Has Been Arrested by Shanghai Police for Suspected Fraud

The Founder, Star Xu, of the second largest cryptocurrency exchange, OKEx, have been arrested on the 10th of September by the Shanghai police, according to Sina News. Since OKEx is the second largest cryptocurrency exchange after Binance by trading volume, according to Coinmarketcap.com, it has been a hot topic in the news during the past … Continue reading Founder Of The Crypto Exchange OKEx Has Been Arrested by Shanghai Police for Suspected Fraud