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Bitcoin
Bukele and Milei Meet: Zero-Deficit Budgets, Security, and Policy Discussed
The presidents of Argentina and El Salvador, Javier Milei and Nayib Bukele, met on Monday in Buenos Aires to discuss several issues concerning the mutual problems of their countries. The meeting, attended by members of both cabinets,…
Latam Insights Encore: Bukele’s Zero-Debt Budget Is a Good Start to Heal El Salvador’s Economy
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from last week. In this edition, we examine the budget proposal of Salvadoran President Nayib Bukele, which contemplates…
Police Warn of Bitcoin Scam Threatening to Expose Private Information
Hillsborough and Campbell, California, residents have been alerted to a new email scam, according to local police departments. Scammers are sending emails containing personal details and photos of victims’ homes, threatening to release…
Brazilian Tax Watchdog Uses AI Tool to Identify Operations Linked to Over $180 Million in…
The Federal Revenue Service, the Brazilian tax watchdog, recently revealed that it has been using an in-house tool that leverages AI to detect money laundering and tax evasion transactions involving crypto. The tool has already been proven…
Holy Bitcoin: Paraguayan Power Company Detects Illegal Crypto Mining Operation in a Church
The National Power Administration of Paraguay (ANDE) recently detected an illegal bitcoin mining operation in an evangelical church. The church, which shared a power line with a nearby store, had established a connection before its power…
Singapore Court Imposes 6-Year Prison Sentence on Crypto Ponzi Scheme Mastermind
Yang Bin, a 61-year-old Dutch national, was sentenced by a Singapore court to six years in prison and fined S$16,000 Singapore dollars for orchestrating a cryptocurrency Ponzi scheme. Yang’s company, A&A Blockchain Innovation, falsely…
Bank of Ghana Unveils Proposed Virtual Asset Regulations
The Bank of Ghana has released draft regulations aimed at creating a framework for the cryptocurrency industry. The rules are designed to protect consumers, prevent financial crimes, and encourage financial inclusion. Virtual asset service…
Ecuador’s Data Protection Agency Lacks Resources to Assess Worldcoin’s Compliance Status
The Superintendence of Data Protection, Ecuador’s data protection agency, stated that it lacks the resources needed to assess the compliance of Worldcoin, the biometric and universal basic income (UBI) project, with the country’s laws. The…
East African Scientists Use AI for Accurate Extreme Weather Forecasts
Climate scientists in East Africa are integrating artificial intelligence (AI) into traditional weather forecasting methods to enhance the accuracy of extreme weather predictions. The region faces increasing frequency and severity of…
An Avalanche Reawakening
This piece is a guest post by Blocmates. Blocmates is an invaluable crypto news and educational resource that offers clarity in the often complicated and jargon-filled crypto space. In this article, writer Dexter of Blocmates explains…