Cryptocurrency Latest News & Updates
Argentina commits to OECD crypto tax reporting framework by 2029
Argentina has committed to implementing the OECD’s Crypto-Asset Reporting Framework and starting the automatic exchange of information on crypto transactions by September 2029, bringing the country into a system now backed by 77 jurisdictions. Summary Argentina has committed to implementing CARF and starting automatic exchanges of crypto transaction data by September 2029. The country joins 77 jurisdictions that have committed to the OECD frame...
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Revolut faces UK probe after 680 customers exposed
Revolut has notified 680 customers after cybercriminals used a legitimate government email account to obtain sensitive identity, banking and Bitcoin-related records. Summary Financial Times reports Revolut notified 680 customers after fraudulent requests exposed identity and financial records. Attackers used a legitimate government agency email domain, while Revolut says its systems remained uncompromised. Exposed records included passports, addr...
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Hong Kong man loses HK$13 million in fake crypto investment app scam
A Hong Kong man in his 70s has lost more than HK$13 million ($1.67 million) after a self-described cryptocurrency investment expert contacted him through WhatsApp and directed him to a fake trading app. Summary A Hong Kong man in his 70s lost more than HK$13 million after a supposed crypto investment expert from Singapore contacted him through WhatsApp. The victim bought USDT and ETH before transferring the assets to wallets specified by the scam...
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