The Covid 19 pandemic has forced many companies to adopt work from home (WFH). Many firms prefer flexible working arrangements despite the risks involved. The UK Financial Conduct Authority (FCA), for example, has poured millions into improving WFH operations.
Slovenia's Finance Ministry plans to tax transactions on exchanging fiat money into cryptocurrencies. To ensure that the new framework does not impact the economy, the authority is seeking feedback from the local community before actually implementing it.
The head of the UK’s Crown Prosecution Service (CPS) recently made remarks saying they expect a rise in cryptocurrency sam cases in the UK. In an interview with Financial Times, Max Hill QC, a CPS director of public prosecution said the authority predicts an uptick in the number of scams.
The UK Finance Conduct Authority researched the country’s cryptocurrency market to understand the citizen’s attitude towards digital assets. Curiously enough is that they do it right before the registration deadline set for companies dealing with cryptocurrency.
The UK Financial Conduct Authority (FCA) recently issued well-filtered recommendations to the public especially the investors not to participate in cryptocurrency investments related to Covid19 through an official website.
On March 11, the Tokyo Metropolitan Police arrested two people in connection with the $580m hack on cryptocurrency exchange Coincheck. The police revealed that the two men were found in possession of NEM cryptocurrency linked to the cryptocurrency stolen from the exchange in 2018.