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ASIC Cracks Down on Crypto and Romance Fraud Companies in Australia
The Australian Securities and Investments Commission (ASIC) has secured Federal Court orders to shut down 95 companies suspected of running online investment scams, including “romance baiting” and “pig butchering” fraud. The Federal Court granted ASIC’s request on “just and equitable”... -
Crypto Dives as Trump’s Tariff ‘Medicine’ Shakes Global Stock Markets Hard
Global markets took a hit after President Donald Trump imposed worldwide tariffs, triggering a sharp sell-off across stocks and cryptocurrencies. Bitcoin and Ether dropped 6% and 12% within 24 hours of this implementation, while U.S. futures pointed to further losses.... -
Economists Warn of Recession After Donald Trump’s Reciprocal Tariffs
US President Donald Trump announced reciprocal tariffs on April 2 as he had vowed. Meanwhile, several economists have warned of a recession amid the escalating global trade war. JPMorgan for instance has raised the odds of a US recession this... -
Binance Ex-CEO Changpeng Zhao to Guide Kyrgyzstan on Blockchain Development
Former Binance CEO Changpeng Zhao (CZ) is set to advise the government of Kyrgyzstan on matters related to blockchain, cryptocurrency, and emerging technologies. His role will focus on helping the country explore how these technologies can improve government operations and... -
Kraken Registers in Canada, Appoints GM to Expand Crypto Services
Kraken, a popular cryptocurrency exchange, has officially received a Restricted Dealer registration in Canada. This approval means Kraken meets strict security and compliance standards set by the Ontario Securities Commission (OSC), ensuring safer crypto trading for Canadians. https://twitter.com/AssetsDaily/status/1907493724323811681 To celebrate,... -
US Lawmakers Demand SEC Transparency on Trump Crypto Connections
Senator Elizabeth Warren and Representative Maxine Waters have demanded full disclosure from the U.S. Securities and Exchange Commission (SEC) on the Trump family’s ties to the crypto firm World Liberty Financial (WLFI). In a letter sent on April 2 to... -
UK Trade Associations Urge Government to Prioritize Crypto as a Strategic Focus
Several UK trade bodies have urged Prime Minister Keir Starmer’s office to appoint a special envoy dedicated to crypto and blockchain technology, citing the US's successful policy shift under President Donald Trump. This coalition of six digital economy trade organizations,... -
Crypto Exploits, Scam Losses Fall to $28.8M in March After February Spike
Crypto exploit and scam losses in March dropped to a net total of $28.8 million after a February surge that reached $1.5 billion. The spike in February was largely due to the Bybit exploit. In an April 1 post on... -
US Stocks Fall Ahead of Trump’s ‘Liberation Day’ As Markets Brace for Reciprocal Tariffs
US stocks cratered on Friday amid uncertainty over President Donald Trump’s trade policy and hotter-than-expected inflation. The President has already slapped tariffs of 25% on vehicle imports and has threatened to announce reciprocal tariffs on April 2 which he has... -
UAE Tops Global Crypto Adoption with Surging Investor Interest
The United Arab Emirates (UAE) has become the most crypto-focused country in the world, according to a recent study by Atmos. The UAE scored 98.4, surpassing other leading crypto countries like Singapore (97.5) and the United States (85.4). However, the...
