Daily Archives: 05/04/2021

Bank of Thailand studies public opinion on digital baht issue

The Central Bank of Thailand (BoT) has opened a public discussion on the launch of the government’s digital currency and its capabilities. The regulator accepts comments until June 15th. The Bank of Thailand has published an advisory report on the prospects for the digital Thai baht launch. According to the document, the state digital currency is considered a safe means of payment and can be used along with cash. The digital baht will be available…

British regulator reported on fraudulent firm Blockchain Recovery Association

The UK Financial Conduct Authority (FCA) has reported on a firm called the Blockchain Recovery Association posing as a legitimate company with an FCA license. The regulator reported on the increased incidence of cryptocurrency fraud, when cybercriminals carry out phishing attacks under the guise of the names of licensed companies. One such scheme was the Blockchain Recovery Association, whose founders sent emails to potential investors and also made cold calls. The cybercriminals pretended to be…