2020-11-11 09:33 |
Uganda’s central bank has a new warning for local residents: stay away from Onecoin, a digital currency scheme widely accused of being a scam.
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A recent episode of the popular BBC Sounds podcast the “Missing Cryptoqueen” has shown the public a very interesting view of the powerful Onecoin Ponzi. According to two witnesses the BBC interviewed, a London law firm and a reputation management company allegedly managed to get the UK’s Financial Conduct Authority (FCA) to take down a […] The post Reports Claim UK’s Financial Conduct Authority ‘Pressurized’ to Remove Onecoin Scam Warning appeared first on Bitcoin News.
2020-8-8 03:15 | |
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While New Zealand’s Commerce Commission has announced that it won’t investigate OneCoin, the ePayments Systems shutdown may be related to it. The first warning against OneCoin was issued by the Financial Markets Authority back in 2018.
2020-2-28 00:43 | |
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The Australian Securities and Investments Commission has released an official warning against crypto project OneCoin
2019-5-28 15:12 | |
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The Thai Securities and Exchange Commission (SEC) issued a warning about 9 digital token ICOs that are being conducted without authorization from the market regulator. The 9 tokens listed are Every Coin, Oreintum Coin, OneCoin, OFC Coin, Tripxchain Coin, Tuc Coin, G2s Expert ICO, Singhcom Enterprise ICO, Adventure hostel Bangkok ICO and Kidstocurrency ICO.
2018-10-29 17:51 | |
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Bitcoin-focused payments firm Strike is expanding its services to African countries including Nigeria, South Africa and Zambia, the company announced in a blog post Tuesday.
STRAX price bucked the market-wide bearish downtrend by rallying 200% after the team unveiled plans for a British pound stablecoin and a new metaverse.
The Bank of Uganda has advised members of the Blockchain Association of Uganda to understand more about cryptocurrency sector. The bank has stated that it will be glad to work with crypto platforms in its forthcoming Regulatory Sandbox.
Countries in Africa have the opportunity to become global leaders by adopting Bitcoin and providing a pathway for innovation. All fiat leads to Bitcoin.
While cryptocurrency adoption is rising globally, some governments remain skeptical of the nascent market. Uganda is just one of these countries, with the administration choosing to remain on the fence as the central bank releases a new warning against the use of crypto.
Africans rank atop global cryptocurrency ownership rates, according to a new report by Arcade Research. South Africa ranks third globally with 13% of its internet users owning or using cryptocurrencies, while 11% of connected Nigerians own cryptocurrencies in the fifth-placed populous West African country.