On July 8, Clive Police Department released a report detailing how a crypto scammer called up an unsuspecting victim pretending to represent law enforcement and stole $6,000 while threatening an arrest warrant.
The United Kingdom’s financial regulator, the Financial Conduct Authority (FCA), “disrupted” 26 of the 34 cryptocurrency ATMs it visited and inspected since the start of 2023.
#Stoccoin#FCA#CryptoATM
On Feb. 14, the FCA gave an ultimatum to all crypto ATM operators in the U.K. — comply with regulations or wind down illegal operations. Following the warning, the FCA and other law enforcement agencies investigated 36 crypto ATM locations .
using powers under money laundering regulations.
All crypto exchanges and ATMs must be registered with the FCA and comply with U.K. money laundering regulations.
Bloomberg News reported earlier that some 450,000 barrels of oil and more than 560 million cubic feet of gas, roughly 11% of Pemex’s total natural gas output, were lost only at the Ku Maloob Zaap production asset as the company shut production as a contingency measure.
Petroleos Mexicanos said it lost production capacity for about 700,000 barrels of oil, more than a third of its daily output, after a massive platform explosion that left at least two people dead.
#Stoccoin#PeMex#Oil
The company is working to recover production, Pemex Chief Executive Officer Octavio Romero confirmed in a video late Saturday, adding that output has already recovered to 600,000 barrels.
Namibia has joined other African nations in embracing cryptocurrencies and digital assets by approving a bill in the National Assembly. The bill, which passed Namibia’s lower house of parliament on June 22, aims to regulate digital assets, cryptocurrencies. #Namibia#VASP
The legislation aims to establish a framework for licensing and regulating VASPs. It also seeks to appoint a regulatory authority responsible for supervising these providers and their activities.
#stoccoin
The main objectives include ensuring consumer protection, preventing market abuse, and mitigating the risks of money laundering, the financing of terrorism and proliferation activities associated with digital asset markets.
Investors have become more cautious about acquisitions after the country’s real estate sector failed to sustain a recovery. Globally, commercial property markets from New York to Hong Kong are struggling due to a fragile economic outlook and work-from-home preferences.
A $1.8 billion project by defaulted Chinese developer Shimao Group Holdings Ltd. failed to find a buyer at a forced auction, underscoring the lack of investment appetite amid a weakening economy.
#Stoccoin#ShimaoGroup#Economy
No buyers bid for a land portfolio spanning an area equivalent to 34 football fields, even though the asset was offered at a price 20% lower than its appraised value, according to results posted on online auction site https://t.co/zHwSwiEAWe.
BlackRock has submitted an amended application for an exchange traded fund that would focus on Bitcoin spot markets after the regulators expressed misgivings about its first attempt.
#Stoccoin#BlackRock#BitcoinETF
Commission has raised when rejecting applications for Bitcoin spot ETFs in the past.
"The Spot BTC SSA is expected to be a bilateral surveillance-sharing agreement between Nasdaq and Coinbase that is intended to supplement the Exchange’s market surveillance program,"
Tesla Inc. and BYD Co. set fresh sales records in the second quarter, widening their lead as the world’s top-selling clean automakers.
#Stoccoin#Tesla#BYD#ElonMusk
Elon Musk-led Tesla delivered a record 466,140 cars worldwide in results posted Sunday, outpacing Wall Street estimates. BYD, China’s biggest-selling car brand, posted its best-ever quarterly sales results of 700,244 new-energy vehicles — half fully-electric sales.