Bulgarian Woman Sentenced to Four Years in OneCoin Crypto Fraud
A Bulgarian woman, Irina Dilkinska, has been handed a four-year prison sentence for her involvement in a large-scale fraud scheme orchestrated by the cryptocurrency company OneCoin.
All eyes are currently pointed at Bitcoin because the cryptocurrency divided in two, reports Profit.bg
After numerous debates on how the virtual currency can be improved, in the end it was created entirely new digital active called Bitcoin Cash. The situation around digital currencies is not something that can be easily explained to people who do not have previous knowledge in the area. According to some this move of division could make the currency a global payment tool.
'During the summer there was a collision of opinions and points of views' said Zaki Manyian who is an independent expert on cryptocurrencies, cited by CNN. In order for it to become a global payment system which could be used by anyone it has to overcome problems like its volatile growth. For some the solution was entirely new currency using similar software.
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In April, inflation across the European Union remained steady, with both the EU and the Eurozone recording a rate of 2.6% and 2.4%, respectively, according to data from Eurostat, the official statistics agency of the EU
Julian Voinov, an economist and financial expert, expressed optimism regarding Bulgaria's potential adoption of the euro in 2025 or early 2026
This was stated by the Governor of the Bulgarian National Bank at the international conference "Bulgaria in the Eurozone, When?" in Sofia
Former Finance Minister Simeon Dyankov has suggested that Bulgaria's potential entry into the Eurozone may not materialize before 2026
In the initial quarter of 2024, Bulgaria's economy expanded by 0.4%, as per an expedited evaluation by the National Statistical Institute (NSI), a slight deceleration from the 0.5% growth witnessed in the final quarter of the preceding year
According to Levon Hampartzoumian, the likelihood of Bulgaria joining the Eurozone in 2025 is very slim, as no country has ever entered during the middle of the year
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