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'It will root out the bad actors': new law looks to stop crypto scams

Summary by KETV

New law attempts to get rid of scammers in the crypto world, targeting fraudulent crypto atm's and kiosks

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North Dakota Securities Department warns public of 'elaborate' new cryptocurrency scam

The state regulatory agency called the rise of fake investment education foundations run by AI bots a "concerning trend."

22 days ago·Fargo, United States

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KETV

Center

'It will root out the bad actors': new law looks to stop crypto scams

New law attempts to get rid of scammers in the crypto world, targeting fraudulent crypto atm's and kiosks

22 days ago·Omaha, United States

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Nebraska Examiner

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Pillen signs protections against cryptocurrency fraud into Nebraska law

Cryptocurrency security is the subject of a new Nebraska bill Gov. Jim Pillen signed into law. (Stock photo by Xavier Lorenzo/Getty Images)LINCOLN — Gov. Jim Pillen this week signed a new law set to combat cryptocurrency fraud and said Nebraska would continue to lay the groundwork “for a safe and robust crypto industry.” Pillen on Tuesday signed Legislative Bill 609, the Controllable Electronic Record Fraud Prevention Act, which passed the Legis…

23 days ago

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CoinGeek

Nebraska governor signs bill to regulate digital asset ATMs

The legislation establishes the "Controllable Electronic Record Fraud Prevention Act" to help combat fraud in digital asset ATMs and kiosks. The post Nebraska governor signs bill to regulate digital asset ATMs appeared first on CoinGeek.

21 days ago

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Lanka News Web (LNW)

Prime Minister’s Office Condemns Cryptocurrency Scam Ads Targeting Sri Lankan Public - LNW Lanka News Web

The Prime Minister’s Office on Tuesday strongly condemned fraudulent cryptocurrency advertisements currently being circulated on Facebook and Instagram, falsely featuring Prime Minister Dr. Harini Amarasuriya and other well-known Sri Lankan figures. “These deceptive ads, operated by foreign entities, aim to mislead the public and exploit the trust associated with prominent personalities,” the statement said. Investigations have revealed that the…

22 days ago

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