ep 14 Weibo's Crypto Crackdown to US Treasury & IRS Weighs In and Google Looker Studio's Unintended Use
Cryptolog Newscast8 Syys 2023

ep 14 Weibo's Crypto Crackdown to US Treasury & IRS Weighs In and Google Looker Studio's Unintended Use

The popular Chinese social media platform, Weibo, has made a notable move. South China Morning Post reported that Weibo has banished 80 prominent crypto influencers. For context, Weibo is akin to China's Twitter with a vast user base. This decision mirrors the broader stance Chinese authorities are taking against cryptocurrency, signaling their intent to control the narrative in this volatile market. Shifting our focus to the US, a significant development emerges from the US Treasury and the IRS. As reported by Cointelegraph, they're proposing new cryptocurrency regulations, this time targeting brokers. Though details are still under wraps, it seems the US is working towards establishing a firm regulatory framework for digital currencies. It remains to be seen how this will balance between providing clarity and potentially stifling innovation. Lastly, a concerning trend is being spotlighted by BleepingComputer. Google Looker Studio, a product by the tech giant, is falling prey to cryptocurrency phishing attacks. This intersection of big tech and crypto serves as a stark reminder of the ever-evolving tactics of those looking to exploit the digital currency world.


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