X, the social media platform formerly known as Twitter, has been fined €5 million by Spanish regulators for running unapproved and potentially misleading cryptocurrency advertisements. The sanction comes amid mounting scrutiny over how social networks promote high-risk digital assets to consumers. Authorities argued that the ads lacked clear risk disclosures and were broadcast without prior… Continue reading X Hit with €5 Million Penalty in Spain Over Misleading Crypto Advertisements
Tag: Spain
Spain Eyes Massive Bitcoin Liquidation to Fund Frontier Quantum Research
aSpain’s scientific ambitions are set to intersect with the world of digital assets, as the country prepares for a landmark sale of Bitcoin holdings that have reportedly seen a meteoric surge in value—nearing a 1,000-fold increase. The proposed liquidation comes as Spain accelerates investments in quantum technologies, a sector viewed globally as the next frontier… Continue reading Spain Eyes Massive Bitcoin Liquidation to Fund Frontier Quantum Research
ED Seizes Crypto Assets Worth Rs. 2,385 Crore in OctaFX Ponzi Scam; Mastermind Apprehended in Spain
India’s Enforcement Directorate (ED) has taken decisive action in the OctaFX Ponzi case, attaching cryptocurrency assets valued at approximately Rs. 2,385 crore. The move follows a coordinated investigation into the online trading platform, which defrauded investors through fraudulent schemes and misrepresentation. Authorities have also arrested the alleged mastermind of the scam in Spain, underscoring the… Continue reading ED Seizes Crypto Assets Worth Rs. 2,385 Crore in OctaFX Ponzi Scam; Mastermind Apprehended in Spain