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Central Africa Republic’s Bitcoin Adoption: The Real Work Must Start Now

23.5.2022
The Central Africa Republic (CAR)’s surprise bitcoin adoption decision once again shows that the top cryptocurrency can be an alternative to fiat currency. However, the African country still needs to invest heavily in its telecommunications infrastructure. The CAR also needs to prioritize...

Authorities Seize Over 1,500 Crypto Mining Rigs in Dagestan Crackdown

15.5.2022
Law enforcement and other authorities in Dagestan have closed down two illegal crypto farms, confiscating more than 1,500 mining machines. Government agencies in the republic, considered one of Russia’s capitals of underground coin minting, carry out regular raids against such facilities....

Report: Central African Banking Regulator Says Crypto Ban Still Effective

15.5.2022
An African regulator has told members of the six-nation Economic and Monetary Community of Central Africa (CEMAC) that a ban on cryptocurrencies is still effective. The regulator said the prohibition is designed to ensure financial stability is maintained within the economic bloc. COBAC to Set...

Number of Busted Illegal Crypto Mining Farms in Iran Nears 7,000

14.5.2022
Authorities in Iran have shut down close to 7,000 unauthorized facilities for cryptocurrency mining in the past two years, local media revealed. According to a report, most of the illegal bitcoin farms were concentrated in five provinces of the Islamic Republic, including Tehran. Iran Continues...

Report: IMF Says Central African Republic’s Bitcoin Adoption Poses Risks

6.5.2022
The International Money Fund (IMF) has added its voice to institutions and parties criticizing the Central African Republic (CAR)’s decision to adopt bitcoin. The IMF insists the adoption poses legal economic challenges not only to the country but to the region as well. CAR’s Bitcoin...

Central African Republic Has Adopted Bitcoin as Legal Tender - Reports

27.4.2022
  The Central African Republic (CAR) has seemingly confirmed reports that it has adopted bitcoin (BTC) as legal tender – becoming only the second country in the world and the first African nation to do so. Per reports from the French media outlets AFP and RFI, as well as Le Figaro, the CAR’s...

Dragon Age 4 QA Devs Say They're Unionizing Over Bad Pay And Covid Safety

27.4.2022
The video game industry is currently undergoing a small but unprecedented wave of developer organizing. Last week it even reached the halls of famed RPG maker BioWare, where a group of QA contractors working on Dragon Age 4 revealed their intention to unionize. The two biggest reasons why? Bad...

Another 6 Members of Finiko Crypto Pyramid Arrested in Russia

23.4.2022
Russian law enforcement authorities have detained six more members and executives of the notorious crypto Ponzi scheme Finiko. Police in the Republic of Tatarstan and Russia proper have conducted dozens of searches as part of an ongoing investigation into the pyramid, which defrauded investors...

Republic of Ireland to Prohibit Political Cryptocurrency Donations

20.4.2022
The government of Ireland is preparing to ban political parties from accepting campaign donations in cryptocurrency. The move aims to block the perceived threat of Russian interference in the European nation’s elections against the backdrop of a clash between the West and Moscow over the...

Three African Countries Plan to Adopt Cryptocurrency and Blockchain Solutions

16.4.2022
Three African countries — namely Cameroon, the Democratic Republic of Congo (DRC), and the Republic of Congo — are reportedly planning to adopt cryptocurrency and blockchain solutions powered by The Open Network (TON). Separately, Cameroon is considering issuing a national stablecoin...

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