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Report: Africa Fintech Startups Raised $2 Billion in 2021

15.3.2022
Africa’s fintech startups are reported to have raised $2 billion in the past year alone. This amount dwarfs the $231 million that was raised in the year 2020. Nigerian startups continue to account for the biggest share of funds raised by the continent’s fintechs in 2021. 2021...

Gaming industry to have a 'blockchain-connected' future, studio execs say

15.3.2022
“We believe strongly that there will be some element of play-to-earn or play-and-earn in most games within the next few years,” said WAX executive Michael Rubinelli

Argentinians Criticize IMF Requirement to Slow Down Crypto Adoption in the Country

15.3.2022
Argentinian citizens involved in the cryptocurrency industry are criticizing a perceived anti-crypto requirement that the recent deal made with the IMF has introduced. The deal, which restructures and gives more facilities to the country to pay the $45 billion owed to the fund, also hints at...

NFTs Will Become 'Critical Pieces' of Sports Industry - PwC

14.3.2022
Non-fungible tokens (NFTs) are poised to become "critical pieces of the sports technology infrastructure," PricewaterhouseCoopers LLP (PwC), a multinational professional services network that offers business advisory services, said in its latest report. Titled 'Sports Outlook 2022,' the report...

European Parliament votes against PoW ban, providing huge relief to the crypto industry

14.3.2022
The moderate version of the regulatory framework's draft prevailed in the ECON committee voting

Upcoming AML Regulations in Estonia to Affect Cryptocurrency Industry

12.3.2022
Estonia is preparing to enforce a set of new anti-money laundering rules that will stiffen requirements for crypto companies operating under Estonian license. The changes come amid concerns that Russia may use crypto to evade western sanctions and an ongoing audit of the Baltic nation’s...

EU Crypto Industry Calls to Arms as Bitcoin & Ethereum Ban In Cards Again

12.3.2022
France-based hardware wallet manufacturer Ledger sounded an alarm about a possible EU-wide ban on cryptoassets that are using the proof-of-work (PoW) consensus mechanism, calling people to contact members of the European Parliament (MEPs) and oppose the move.... Read More: EU Crypto Industry Calls...

Ally or suspect? The war in Ukraine as a stress test for the crypto industry

12.3.2022
Crypto execs signal their readiness to comply with sanctions, but decentralization itself puts crypto in a vulnerable position

Chainalysis Launches Screening Tools Designed to Prevent Sanctions Evasion

11.3.2022
Blockchain forensics company Chainalysis is launching two tools that will allow crypto companies to deny sanctioned persons and entities access to their platforms. The move comes amid concerns that Russia may use cryptocurrencies to evade sanctions imposed due to its invasion of Ukraine....

Valkyrie Investments‘ Leah Wald on Bitcoin ETFs and the future of digital assets

11.3.2022
Valkyrie Investments CEO Leah Wald opens up on the importance of Bitcoin ETFs and why the traditional financial world should pay attention to digital assets moving forward

South Korea Elects Crypto-Friendly President Who Vows to Deregulate Digital Asset Industry

11.3.2022
South Korean voters have elected a crypto-friendly president. Yoon Suk-yeol of the conservative People Power Party has vowed to deregulate the crypto industry and introduce favorable tax laws for crypto investors. “To realize the unlimited potential of the virtual asset market, we must...

Thailand Approves Tax Relief Measures for Crypto Trading

11.3.2022
The Thai Cabinet has approved tax relief measures for crypto trading. The new tax rules are “much more friendly to both investors and industry,” said an executive of a cryptocurrency exchange in Thailand. Thailand Adopts New Tax Rules for Crypto Investments Thailand’s Cabinet...

Cornell Professor: Crypto Industry Could Benefit From Biden’s Executive Order, Regulations Provide Legitimacy

11.3.2022
A Cornell University economics professor says that President Joe Biden’s executive order on the regulation of cryptocurrency could benefit the industry. “Ultimately what these sorts of regulations provide to the industry is legitimacy,” said the professor. Cornell Professor...

Regulator Says UAE ‘Closer to Issuing the Regulatory and Supervisory Framework’ for VASPs

10.3.2022
The United Arab Emirates (UAE) is getting closer to issuing a regulatory and supervisory framework that will govern the country’s virtual asset industry, the Securities and Commodities Authority (SCA) has said. FATF Recommendations A UAE securities regulator, the SCA has said it is getting...

Eight More Women Accuse PlayStation Of 'Systemic Sexism'

10.3.2022
In November 2021 a class-action lawsuit was filed against PlayStation alleging “pay disparity, wrongful termination, and other instances of gender-based discrimination” at the company’s California offices. Sony has since sought to have the case thrown out, but now, more women have come forward with...

Crypto Industry Welcomes Biden’s Executive Order — Expert Says ‘It’s About as Good as We Could Ask’

10.3.2022
Many people in the crypto industry welcome President Joe Biden’s executive order on crypto. A crypto regulatory expert says, “It’s about as good as we could ask.” Another sees the order as the federal government viewing “cryptocurrency as a legitimate, serious...