Punches Thrown in Ghana’s Parliament over Proposed Mobile Money Tax
It looked like the ruling NPP tried to break procedure to enact a new tax but some say it was a misunderstanding about using the toilet.
Indian Regulator Proposes Zero Rating for Mobile Banking USSD Messages
TRAI believes the goal of financial inclusion has been hampered because USSD costs too much relative to other mobile services.
Police Arrest Child Following $36mn Crypto SIM Swap
Canadian law generally prohibits the naming of offenders aged 17 or under.
New GVG Payment and Mobile Money Handling Service Will Lead to More Stealth Taxes on Ordinary Africans
After insisting telcos are tax cheats, Global Voice Group now wants to be paid to process transactions it has already been paid to audit.
Mayors of New York and Miami To Take Pay in Bitcoin
Eric Adams, the newly-elected Mayor of NYC, signaled a change in political attitudes towards cryptocurrencies and the innovative businesses that use them.
SIM Swapper Charged with Stealing $784,000 of Cryptocurrency
Joseph James O’Connor was already fighting extradition to the USA on charges of taking over the Twitter accounts of famous people.
Now You Can Buy Bots That Steal SMS OTPs
Crooks are selling software that automates social engineering. Bots call targets and ask for one-time passwords that are used to take control of bank, cryptocurrency and PayPal accounts.
Chinese Police Arrest $125mn Crypto and Telecoms Fraud Gang
Almost 100 arrests were made in the Southern Chinese city of Zunyi.
Australia, Malaysia, Singapore and South Africa to Trial Cross-Border Central Bank Digital Currency Exchange
Project Dunbar is a threat to existing intermediaries and an opportunity to create better services for networked customers.
Money Launderer Admits to Operating $311mn Bitcoin Mixer for Darknet Businesses
Larry Harmon’s ‘Helix’ mixer obscured the origins of cryptocurrency earned by drug dealers and other illegal enterprises.