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US Senator Highlights Bitcoin as Currency Unaffected by Widespread Cyber Outages
20.7.2024
U.S. Senator Cynthia Lummis has emphasized bitcoin’s resilience as a form of currency unaffected by widespread cyber outages. Her remarks followed major system failures linked to Crowdstrike, which impacted multiple sectors and have been described by some as “the largest IT outage...
IMF Warns Zambia Against Dedollarization, Calls Plan Counterproductive
20.7.2024
An International Monetary Fund representative has cautioned that Zambia’s proposed dedollarization initiative may inadvertently undermine efforts to contain inflation. The representative expressed concern that the prevailing economic conditions in Zambia are not conducive for the country to proceed...
Kazakhstan pays for rail line to China using programmable CBDC
19.7.2024
The second phase of the Kazakhstan central bank digital currency pilot focused on control of its many potential uses
South African Travel Fintech Turnstay Secures Funding for Regional Expansion from DCG, DFS Lab
18.7.2024
Venture capital firms DFS Lab and Digital Currency Group (DCG) recently invested $300,000 in Turnstay, a South African travel-focused fintech startup. Turnstay aims to simplify payment procedures for international travelers by leveraging a global network of compliant companies. New Investment...
BlockFi confirms July start for interim crypto distributions
18.7.2024
BlockFi clients are to note that client communications will exclusively occur via official email channels
Nigerian police arrest crypto star in fraud crackdown
17.7.2024
As investigations proceed, the outcome of this case could set significant precedents for how cryptocurrency-related crimes are handled in Nigeria
Nigerian police arrest crypto star in fraud crackdown
17.7.2024
As investigations proceed, the outcome of this case could set significant precedents for how cryptocurrency-related crimes are handled in Nigeria
Tanzania Seeks to Shore up Local Currency With Directive Mandating Tourists to Use Shillings
17.7.2024
Tanzania’s Ministry of Tourism and Natural Resources has mandated that all fees in the tourism sector must be paid in local currency, aligning with a government directive for local transactions to use the country’s shillings. This requirement applies to Tourism Business Licence fees, filming...
Rising crypto crimes in Australia prompt call for tougher regulations
15.7.2024
AUSTRAC's latest report highlights a rise in criminal use of cryptocurrencies, urging stricter regulations and international cooperation to combat money laundering
Rising crypto crimes in Australia prompt call for tougher regulations
15.7.2024
AUSTRAC's latest report highlights a rise in criminal use of cryptocurrencies, urging stricter regulations and international cooperation to combat money laundering
Russia Considers Allowing Digital Currency Trading on the Country’s Largest Exchanges
15.7.2024
The Russian Ministry of Finance has proposed permitting digital currency trading for a select group of qualified investors on licensed exchanges like the Moscow Exchange and St. Petersburg Exchange. Anatoly Aksakov, head of the State Duma Financial Market Committee, believes Russia’s largest...
China and Kazakhstan Sign CBDC Collaboration Agreement
13.7.2024
The People’s Bank of China and the National Bank of Kazakhstan have signed an agreement to collaborate on central bank digital currencies (CBDCs). This collaboration agreement, formalized during President Xi Jinping’s visit to Kazakhstan, aims to enhance CBDC research through joint...
SEC drops investigation of Bitcoin Stacks developer Hiro — filing
12.7.2024
This is the second crypto investigation the U.S. securities regulator dropped this week
SEC drops investigation of Bitcoin Stacks developer Hiro — Filing
12.7.2024
This is the second crypto investigation the US securities regulator dropped this week
Genesis Trading-labelled address moves $720M BTC to Coinbase, pointing to the start of asset liquidations
12.7.2024
Genesis Trading transferred over 12,600 Bitcoin to Coinbase over the past 30 days, two months after reaching a settlement with the state of New York
Genesis Trading-labelled address moves $720M BTC to Coinbase, pointing to the start of asset liquidations
12.7.2024
Genesis Trading transferred over 12,600 Bitcoin to Coinbase over the past 30 days, two months after reaching a settlement with the state of New York
Genesis-labelled address moves $720M BTC to Coinbase, pointing to start of asset liquidations
12.7.2024
Genesis Trading transferred over 12,600 Bitcoin to Coinbase over the past 30 days, two months after reaching a settlement with the state of New York
Israel’s Digital Shekel Plans Hinge on ECB’s Digital Currency Move
11.7.2024
The Bank of Israel (BOI) is exploring a central bank digital currency (CBDC), a digital shekel, to modernize Israel’s payment system and drive innovation. However, BOI Deputy Governor Andrew Abir stated that the BOI is waiting for a major central bank, likely the European Central Bank (ECB)...
Nigerian minister urges SEC to tackle crypto regulation challenges
10.7.2024
Nigeria's cryptocurrency regulations are currently in the process of being updated
Nigeria’s Finance Minister Urges SEC to Tackle Challenges in Regulating Cryptocurrency
9.7.2024
The Nigerian Finance Minister, Wale Edun, has urged the newly inaugurated board of the country’s Securities and Exchange Commission (SEC) to address the complexities of regulating cryptocurrencies. He emphasized the need for stringent oversight to maintain market integrity in the capital...