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Vietnam police smash $3.8 billion cryptocurrency ring

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HO CHI MINH CITY – Vietnamese police have smashed a huge cryptocurrency ring worth around $3.8 billion, state media said Friday, as authorities battle rampant illegal gambling in the country. Fifty-nine people were detained in southern business hub Ho Chi Minh City, accused of luring players through social media to place bets online, according to the city … Read more

Facebook parent company Meta makes it easier to run cryptocurrency ads

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Meta

RIYADH: Meta, formerly known as Facebook, has updated the criteria for running ads about cryptocurrency on its platform, according to Bloomberg. The tech giant announced on Wednesday its decision to reverse a long-standing policy that prevented most cryptocurrency companies from running ads on its services. The move came after Meta’s marquee crypto-related effort had been downsized. … Read more

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