Philippine Securities and Exchange Commission Warns Gemini Cryptocurrency Exchange for Operating Without Registration

The Philippine Securities and Exchange Commission issued an official warning to the cryptocurrency exchange Gemini, which serves local customers without the mandatory registration in the country. The regulator announced that Gemini "operates without the necessary license ...

French Citizen Faces Legal Consequences After Bitcoin-Fueled Ferrari Purchase

Trouble for a French citizen began when he bought a Ferrari car from a Moroccan woman in April 2021, paying her the equivalent of $440,000 in bitcoins. Thomas Clausi seized the moment when bitcoin hit a record high, trading over $60 000 per coin. A few months later, the ...