Сrypto news

At the Intersekt 2023 fintech conference, top executives from Australian crypto firms addressed the growing concern of fraud in the sector. Their consensus? Educating users about scammers' tactics can drastically cut down on fraud incidents. Instead of simply responding to issues, the focus should be on proactive prevention. The discussion also pointed out that the responsibility for curbing crypto scams doesn't just fall on the crypto industry — it's shared by banks, social media platforms, and telecom companies as well.

This collaboration seeks to digitize various sectors, including government services, healthcare, and education. The Google Distributed Cloud (GDC) services will enhance local infrastructure and data processing capabilities, aligning with El Salvador’s vision to become an innovation hub. President Nayib Bukele emphasized the importance of technology and foreign investment for the nation’s development: “Google’s global experience combined with the audacity of El Salvador will redefine the technological landscape.”

On August 30, Judge Katherine Polk Failla delivered a significant ruling on a case brought forth by Uniswap users who alleged they lost funds due to scam tokens on the platform. She stated that ETH and Bitcoin qualify as crypto commodities, a pivotal factor in her decision to close the Uniswap case.J udge was not persuaded by arguments suggesting Uniswap token sales were subject to the Exchange Act. Failla is also the judge overseeing the SEC’s case against Coinbase.