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Report: South African Firm Launches ‘Crypto Water Token’ — Receives Investment of $150M

9.7.2022
The South African company behind the so-called “crypto water token” is reported to have secured an investment of $150 million from a Bahamas-based digital asset management company, GEM Digital. Initially available on decentralized exchanges only, the H2ON token was recently listed...

Report: Nigerian Fintech Giant Flutterwave Accused of Laundering Money, More Than 50 Bank Accounts Frozen

8.7.2022
A Kenyan agency charged with tracing and freezing proceeds of crime said it recently obtained an order giving it the authority to freeze bank accounts belonging to Nigerian fintech Flutterwave. The agency alleges that Flutterwave is not providing merchant services as per claims, but is instead...

Survey shows 55% of crypto investors chose to HODL as Bitcoin and altcoin prices collapsed

7.7.2022
Retail investors have been wary of buying the current BTC dip, but survey data shows that 55% of those already invested in crypto chose to HODL during the most recent volatility

Russian State Duma Adopts Law Banning Payments With Digital Financial Assets

7.7.2022
The lower house of Russian parliament has adopted a law prohibiting the use of digital financial assets in payments. To implement the restriction, exchange operators have been obliged to reject transactions which make it possible to employ these assets as a means of payment. Russian Parliament...

Report: Nigerian Central Bank Incentive Scheme Failed to Halt Naira Depreciation

7.7.2022
The Central Bank of Nigeria (CBN)’s attempt to incentivize the country’s forex market through the so-called “Naira for Dollar” scheme has failed. This is evidenced by the local currency’s plunge of more than 25% since the launch of the incentive scheme in March...

Zimbabwe Central Bank: Gold Coin Sales to Commence in Late July

7.7.2022
Starting on July 25, the Zimbabwean public will be able to buy and hold gold coins which weigh one troy ounce each. In addition to their use as an alternative store of value, the central bank says the coins can be traded and used as “security for loans and credit facilities.” Coins...

Belgian regulator reviews crypto asset classifications while awaiting harmonization

6.7.2022
The Belgian Financial Services and Markets Authority created a chart to differentiate crypto asset securities, investment instruments and financial instruments

LBank Exchange Will List IX Token (IXT) on July 7, 2022

6.7.2022
PRESS RELEASE. INTERNET CITY, DUBAI, Jul. 6, 2022 – LBank Exchange, a global digital asset trading platform, will list IX Token (IXT) on July 7, 2022. For all users of LBank Exchange, the IXT/USDT trading pair will be officially available for trading at 18:00 (UTC+8) on July 7, 2022. As...

Bitcoin mining stocks rebound sharply despite a 70% drop in BTC miners' revenue

6.7.2022
The rally across top Bitcoin mining stocks could trap bulls as BTC price sentiment remains gloomy

Majority of British crypto owners revealed to be hodlers: Survey

6.7.2022
In the U.K., crypto owners prefer centralized exchanges and claim their assets to be largely profitable

US expansion for Huobi a step closer after it secures a FinCEN license

6.7.2022
It says users in the United States can expect digital asset services to come in the future

US Commerce Dept. asks digital asset industry for input on competitiveness framework

5.7.2022
The federal agency received eight responses to a request for comment on a document mandated by U.S. President Joe Biden’s March 9 executive order on digital assets

Metaverse Domains Are Trending as Minting Goes Live on Quik․com

5.7.2022
Quik.com, a portal to the web3-optimized metaverse, is bringing firsthand knowledge of the .metaverse, .vr, .web3, and many other top-level domains to the web3 race. These domains on Quik.com are minted on blockchain technology and are featured to be stored as an asset in the user’s digital...

CoinShares acquires French crypto asset manager Napoleon AM

4.7.2022
CoinShares previously agreed to acquire the entire issued share capital in Napoleon Crypto SAS for $14.5 million in November 2021

Basel Committee wants to limit banks' digital asset exposure to just 1% of equity

30.6.2022
Volatile cryptocurrencies such as Bitcoin would also be subjected to a 1,250% risk premium

Grayscale Files Lawsuit Against SEC Over Spot Bitcoin ETF Rejection

30.6.2022
Grayscale Investments, the world’s largest digital currency asset manager, has filed a lawsuit against the U.S. Securities and Exchange Commission (SEC) challenging the securities regulator’s decision to reject its application to convert the Grayscale Bitcoin Trust to a spot bitcoin...

LBank Exchange Will List Delio (DSP) on June 30, 2022

29.6.2022
PRESS RELEASE. INTERNET CITY, DUBAI, Jun. 29, 2022 – LBank Exchange, a global digital asset trading platform, will list Delio (DSP) on June 30, 2022. For all users of LBank Exchange, the DSP/USDT trading pair will be officially available for trading at 16:00 (UTC+8) on June 30, 2022. Its native...