CBDCs Face Resistance from Key Central Banks
The landscape of central bank digital currencies (CBDCs) is shifting as notable institutions reconsider their digital currency initiatives. Central banks across Australia, Canada, and Colombia have recently taken a cautious step back from their various CBDC projects, raising questions about…
Brazil's $9.7 Billion Crypto Laundering Operation: A Warning for Digital Finance
Brazil has uncovered a staggering $9.7 billion money laundering scheme tied to cryptocurrency, sending shockwaves through the financial world. Dubbed ‘Operation Niflheim,’ this extensive investigation led law enforcement to execute 23 search warrants and arrest eight individuals in major Brazilian…