English < Article List - DigitalToday

Search results for Boris Johnson

Crypto

Digital assets framework act wavers as bitcoin rivals gold

South Korea’s talks on a Digital Assets Framework Act are in final coordination, but disagreements persist over limits on major shareholders at digital asset exchanges. A compromise to broaden stablecoin issuers beyond banks was prepared, yet the bill was excluded from a March 19 party-government meeting as market volatility pushed schedules back. Regulators also imposed a six-month partial business suspension and a 36.8 billion won fine on Bithumb for alleged violations.

Crypto

Boris Johnson slams bitcoin as \'Ponzi scheme\'

Former British Prime Minister Boris Johnson criticised bitcoin, calling it a \"Ponzi scheme\" and saying it has less investment value than Pokemon cards with long histories and collectible appeal. He cited a case in which an acquaintance was drawn into a bitcoin investment scam and lost 20,000 pounds, highlighting the risks of financial fraud. The crypto industry pushed back, including comments from Strategy co-founder Michael Saylor and Bitcoin Bond Company CEO Pierre Rochard.