Peter Schiff’s Euro Pacific Bank Suspended by Puerto Rico’s Regulator — Schiff Insists No Evidence of Crime
Peter Schiff-owned Euro Pacific Bank has been suspended by Puerto Rico’s financial regulator. Schiff claims that there’s “no evidence of crimes,” warning that “accounts are frozen and customers may lose money.” Puerto Rico’s Regulator Suspends Peter Schiff’s Bank Euro Pacific Bank, owned by notorious bitcoin skeptic and gold bug Peter Schiff, has been suspended by the Office of the Commissioner of Financial Institutions of Puerto...
Metaverse Domains Are Trending as Minting Goes Live on Quik․com
Quik.com, a portal to the web3-optimized metaverse, is bringing firsthand knowledge of the .metaverse, .vr, .web3, and many other top-level domains to the web3 race. These domains on Quik.com are minted on blockchain technology and are featured to be stored as an asset in the user’s digital wallet and held, sold, or even exchanged if the owner wishes to. These features separate them from traditional domains as they are not under...
Brazil Creates Crypto-Dedicated Investigation Unit
The public prosecution of the Federal District, located in the center-west region of Brazil, has launched its own cryptocurrency investigation unit. The newly formed unit will focus its activities on aiding other prosecutors in cryptocurrency investigations, and also educating consumers about the safe use of cryptocurrencies. Cryptocurrency Crimes Unit Launched in Brazil Cryptocurrency crimes have several traits that make them...
Dubai Is Preparing to Take Its Government to the Metaverse
The Government of Dubai is preparing to make part of its offices available in the metaverse, according to reports. The country is currently seeking third parties to help it arrange the transition of some of its departments to the virtual world, per statements made at a metaverse event by Sharad Agarwal, chief metaverse officer of Cybergear. Dubai Reportedly Taking Government Functions to the Metaverse Dubai, an emirate that is part of...
Court Denies Summary Judgments in ISP’s Piracy Liability Lawsuit
Internet providers are generally seen as neutral service providers but according to several record labels, some of these companies willingly profit from piracy. In recent years we have seen several lawsuits against ISPs including Charter, Cox, RCN, and Bright House, which are accused of failing to terminate repeat copyright infringers. Music Industry vs. Bright House Under US copyright law, Internet providers must act against...
