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Study: Sub-Saharan Africa’s Bitcoin Transaction Volume Number One Globally, Data Indicates Shift Towards Stablecoins
23.9.2023
Despite accounting for just 2.3% of global transaction volume, the latest data shows that crypto has penetrated key markets in Sub-Saharan Africa and “become an important part of many residents’ day-to-day lives.” With a regional volume of 9.3%, Sub-Saharan Africa’s...
Galaxy Digital Is Keen on European Expansion As The Firm Hires First Regional Head
21.9.2023
Digital asset services firm, Galaxy Digital seeks an international expansion to Europe with the addition of a regional chief.
Mike Novogratz's crypto firm has hired Leon Marshall, the company’s former head of sales as its first-ever European Chief Executive, setting the tone for a possible...
Galaxy Digital Eyes European Expansion With New Regional CEO
21.9.2023
Mike Novogratz's firm has appointed Leon Marshall, its existing global head of sales, as its first European CEO
Yellow Card’s Partnership With Moonpay Set to Enhance Nigerian Users’ Crypto Trading Experience
14.9.2023
Yellow Card, the Africa-focused crypto exchange, recently said it had joined forces with Moonpay in an arrangement which is expected to help “enhance the crypto purchasing experience for Nigerians by leveraging local bank transfers.” According to Uzoma James, Yellow Card’s West...
Shark Tank Star Kevin O’Leary Warns of Emerging Financial Crisis, Bank Failures
6.9.2023
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has sounded the alarm about an impending financial crisis. “We have a crisis emerging,” he warned, emphasizing that small business owners will be “cut off at the regional bank level.” He stressed: “You’re going to hear a...
SEC Charges Impact Theory in First NFT-Related Lawsuit Over Unregistered Token Sales
28.8.2023
The Securities and Exchange Commission (SEC) has charged Los Angeles-based media company Impact Theory with offering and selling unregistered securities in the form of crypto asset tokens. Notably, this marks the SEC’s first lawsuit targeting an NFT offering. SEC Sues Impact Theory Over $30M...
S&P Downgrades 5 Regional US Banks Amid Challenging Banking Environment
24.8.2023
On Monday, S&P Global Ratings slashed ratings for five U.S. regional banks, pointing to the strenuous operating atmosphere plaguing the sector since the year’s outset. The impacted banks include Associated Banc Corp., Comerica Inc., KeyCorp, UMB Financial Corp., and Valley National...
Pokémon Tourney Cracks Down On Hacked Monsters, Disqualifies Tons Of Players
11.8.2023
The biggest Pokémon tournament of the year is going on right now and tons of players are getting disqualified for fielding hacked teams. The first Pokémon World Championship since Pokémon Scarlet and Violet’s big launch, the stricter checks are apparently catching some pros off guard, and ending...
Shark Tank Star Kevin O’Leary Warns More US Banks Will Fail
1.8.2023
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has warned that more banks in the U.S. will fail as the Federal Reserve continues to hike interest rates. He stressed: “It will break down in the regional banks, which support 60% of the economy … We’ve started to see...
Another US Bank Collapses: Heartland Tri-State Bank Closed by Regulator
30.7.2023
Heartland Tri-State Bank has become the latest bank in the U.S. to fail. The Kansas banking regulator closed the bank and appointed the Federal Deposit Insurance Corporation (FDIC) as the receiver on Friday. Regulator Shuts Down Heartland Tri-State Bank A regional bank in the U.S., Heartland...
Ark Invest Now More Confident in Bitcoin Reaching $1.5 Million, CEO Says
20.7.2023
The CEO of investment management firm Ark Invest, Cathie Wood, has explained why her firm’s confidence in bitcoin’s price reaching $1.5 million has increased. Citing the crypto’s performance during the regional bank crisis earlier this year, she stressed, “That was...
Neo APAC Hackathon Kicks Off at Tokyo GAS Station: Uncovering Local Web3 Talents and Empowering Regional Development
14.7.2023
PRESS RELEASE. Neo, the open-source, community-driven blockchain platform where developers are building the future Smart Economy, today announces the launch of its new APAC Hackathon in partnership with OKX. The event includes a total prize pool of $120,000 for event winners and a post-hackathon...
Binance Australia got 12 hours' notice before it was debanked, says exec
27.6.2023
Binance Australia head Ben Rose claimed the exchange got less than a day's warning from its payments partner before it was "cut off" from the local banking system in May
Indonesia Labels 501 Cryptocurrencies as Commodities, Paving the Way for Regional Adoption
26.6.2023
In contrast to the regulatory stance taken by the U.S. Securities and Exchange Commission (SEC), the Commodity Futures Trading Supervisory Agency (CFTSA) of the Republic of Indonesia has officially labeled 501 cryptocurrencies as commodities. The list of these digital assets includes popular tokens...
Robert Kiyosaki Warns More Banks Are About to Fail
18.6.2023
Robert Kiyosaki, author of the best-selling book Rich Dad Poor Dad, has warned that more banks are about to fail. “Regional banks and mortgage companies are falling,” he cautioned, urging investors to think for themselves and not rely on the guidance of President Joe Biden, Federal Reserve Chairman...
Binance Crypto Exchange Appoints Richard Teng to Lead All Regional Markets Outside US
30.5.2023
The world’s largest crypto exchange, Binance, has appointed Richard Teng, a traditional finance (TradFi) veteran with strong regulatory experience, as its head of all regional markets outside of the US.
The appointment marks a quick ascension for Teng at Binance and comes after less than two years...
Trade Bloc of Former Soviet States Ditches Dollar in 90% of Settlements
27.5.2023
Trading within a Russia-led regional organization has effectively moved away from the U.S. dollar, according to the deputy head of the Russian government. The use of national currencies in the bloc’s transactions has reached around 90%, the official pointed out. EAEU Replaces Dollar in Trade With...
Chinese President Xi Jinping Says China Ready to Strengthen Cooperation With Russia
25.5.2023
Chinese President Xi Jinping has stated that China is ready to strengthen cooperation with Russia. The two nations reportedly want to “develop and establish a bigger regional market” while ensuring “a more stable and robust global supply chain” in order to “bring real...
Crypto Exchange OKX Targets France as Regional Hub With Plan to Hire 100 People
23.5.2023
OKX has applied for a Digital Asset Service Provider license to join dozens of companies that have already won approval
BRICS, Eurasian Economic Union, SCO Members Plan to Discuss Forming an Extensive Alliance
20.5.2023
In four days, representatives from the BRICS nations and the Eurasian Economic Union free trade group are set to convene to explore the possibility of integration with the Shanghai Cooperation Organization (SCO), as revealed by a recent russia-briefing.com report. The report emphasizes...