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Kenya Central Bank Governor: Low Smartphone Penetration Working Against Plan to Launch CBDC
2.4.2022
According to Patrick Njoroge, the governor of the Kenyan central bank, the significant number of non-smartphones that are in use in Kenya means launching a central bank digital currency (CBDC) now may be premature and could lead to many citizens being financially excluded. Central Bank Mulls...
Ukraine Sells 1,282 War-Themed NFTs in One Day, G7 & Crypto Regulation, Metaverse Potential + More News
1.4.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news._____ ...
Read More: Ukraine Sells 1,282 War-Themed NFTs in One Day, G7 & Crypto Regulation, Metaverse Potential + More News
White House OSTP to Examine Whether Digital Assets Impede Efforts to Curb Climate Change
1.4.2022
On March 9, United States President Joe Biden signed the Executive Order on Ensuring Responsible Development of Digital Assets, a precursor to upcoming digital asset and Blockchain legislation feared by many in the industry. As part of this executive order, the White House Office of Science...
LBank Exchange Will List Lilly Finance (LY) on April 2, 2022
1.4.2022
PRESS RELEASE. INTERNET CITY, DUBAI, April 1, 2022 – LBank Exchange, a global digital asset trading platform, will list Lilly Finance (LY) on April 2, 2022. For all users of LBank Exchange, the LY/USDT trading pair will be officially available for trading at 21:00 (UTC+8) on April 2, 2022. Inspired...
Galaxy Digital delays BitGo acquisition to later on in 2022
1.4.2022
The acquisition is scheduled to follow Galaxy's domestication in Delaware, which is expected to become effective between Q2 and Q4 of 2022
Japan Considers Stricter Crypto Regulations in Light of Russia Sanctions
1.4.2022
Authorities in Japan are planning to introduce tougher new rules for crypto operators as part of efforts to prevent Russia from using cryptocurrencies to evade sanctions. The legislative initiative comes after Tokyo asked digital asset exchanges to strengthen transactions monitoring this month....
Circle Chooses BNY Mellon to Custody USDC Reserves
1.4.2022
Boston-based Circle Internet Financial has announced the company has selected BNY Mellon to custody the firm’s usd coin (USDC) reserves. The company’s dollar-pegged crypto asset is currently the second-largest stablecoin with a current market capitalization of $51.6 billion....
New SEC guidance on accounting and disclosures rankles Commissioner Peirce
31.3.2022
Peirce, sometimes referred to as the Crypto Mom, found the new guidance to be an example of the SEC’s “scattershot and inefficient approach to crypto.”
Sony Cuts PlayStation Jobs Despite Growth
31.3.2022
Sony is cutting up to 90 jobs from its “merchandiser” and retail marketing teams as part of a “global transformation,” according to a new report by Axios. The layoffs come despite the continued growth of PlayStation thanks to the success of the PS5, and some employees were caught off guard by...
Buenos Aires to Launch a Self-Sovereign Digital Identity Protocol
31.3.2022
The framework is expected to be operational no later than the first quarter of 2023, according to a city official
‘The cryptocurrency world will help in this war’: Kuna CLO breaks down Ukraine’s digital asset law
31.3.2022
According to Ganna Voievodina, Ukraine’s law on digital assets was adopted “just in time” for companies handling crypto and a government looking for tax revenue
Report: E3 2022 Canceled
31.3.2022
Pour one out for the “world reveals” and “world exclusives.” E3 won’t happen at all this summer, IGN reports.Read more
Galaxy Digital Tweaks BitGo Purchase Terms As It Awaits SEC Action
31.3.2022
The acquisition was originally announced in May 2021 with an expectation to close that year
‘No Plan to Issue CBDC’ — Bank of Japan Governor
31.3.2022
Haruhiko Kuroda, the governor of the Bank of Japan (BOJ), has said the bank is currently not planning to launch a digital currency. The remarks come just a few days after the BOJ announced the commencement of the second phase of central bank digital currency experiments. Role of CBDC...
The Growing Digital Asset Lifeline in Ukraine
31.3.2022
Crypto donations have been a major source of support for Ukraine’s defense and humanitarian efforts. Meanwhile, Russian citizens may also embrace crypto more as their economy and currency craters due to international sanctions
US Senator Suggests Banning Fed From Issuing a Direct-to-Consumer CBDC
31.3.2022
US Senator Ted Cruz has introduced companion legislation to a January 2022 bill drafted by Representative Tom Emmer, which prohibits the Federal Reserve (Fed) from issuing a central bank digital currency (CBDC) directly to individuals.
The legislation bans the Fed from developing...
Yield App Passes ‘Proof of Reserves’ Audit to Bolster Safety and Accountability of Deployed Digital Assets
31.3.2022
PRESS RELEASE. Yield App, one of the rising and most trusted digital wealth platforms, recently underwent a thorough ‘proof of reserves’ audit. The inspection was conducted by Armanino LLC, the firm responsible for auditing Kraken – one of the largest and most trusted...
Ted Cruz introduces companion to Emmer's bill to exclude Fed retail CBDC digital currency issue
30.3.2022
Cruz lends his support to a bill that would keep the U.S. off “an insidious path akin to China’s.”
Fintech Platform Nequi Plans to Get Into the Cryptocurrency Business in Colombia
30.3.2022
Nequi, a fintech neobank which allowed Colombian citizens to test all-digital financial services, has announced its plans for expansion after having parted ways with Bancolombia, the bank that gave it its origin. These plans include an entry into the cryptocurrency world while complying with...
ECB official suggests importance of physical stores accepting digital euro
30.3.2022
Findings from the ECB's focus groups said the public was more likely to accept a digital euro accepted in physical and online stores and allowed easy person-to-person payments