Celebrities advertising nonfungible tokens on their social media accounts, according to consumer protection group Truth in Advertising, is a practice that is 'rife with dishonesty'.
In a manner similar to how governance tokens operated during the 2020 'DeFi Summer,' stablecoins have the potential to attract users and income to networks.
The DOJ has filed its first criminal lawsuit against an American who allegedly utilized cryptocurrencies to evade US sanctions. 'The payments site offered its services as a way to get around US restrictions, including apparently untraceable virtual currency transfers.'
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