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Central African Republic Sets Up Committee Tasked With Drafting Crypto Bill


The Central African Republic (CAR) president, Faustin-Archange Touadéra, recently said his government has established a 15-member committee tasked with creating a comprehensive legal framework that governs the use of cryptocurrencies. According to an official document issued by the CAR cabinet,...

Binance Custody Announces the Official Launch Binance Mirror


Binance, a leading cryptocurrency exchange, has just announced the debut of its mirror platform, Binance Mirror. Binance Custody, a reputable digital asset custodian that adheres to all applicable regulations, has launched its first off-exchange settlement service. Binance exchange now allows...

Fasttoken, Official Crypto of Fastex, to Launch to the Public on January 18


Developed by technology giant SoftConstruct, Fasttoken (FTN) is the official cryptocurrency in the Fastex ecosystem and the native token of the Fastex Chain. Aside from passing two audits by independent third-party auditors, Fastex is a regulated virtual currency exchange and virtual currency...

The Official Pokémon TikTok Accidentally Makes Pikachu A Potty Mouth


Most of us have only heard Pikachu, the lovable mascot of the all-ages multimedia franchise Pokémon, say his name when he speaks through the anime. Although, there was that time he spoke real human words to his trainer Ash Ketchum in the Pokémon: I Choose You movie, and when Ryan Reynolds gave...

UK Treasury Considers Digital Pound, Maintains Crypto Hub Objective


The U.K. is mulling over launching a digital pound as it remains committed to becoming a cryptocurrency hub, a government representative has indicated. British authorities should also regulate payments with stablecoins, according to the official. United Kingdom Prepares to Begin Consultation...

Hong Kong Reaffirms Commitment to Become Regional Crypto Hub


Hong Kong has reaffirmed its commitment to become a regional crypto hub in following the collapse of cryptocurrency exchange FTX. “As certain crypto exchanges collapsed one after another, Hong Kong became a quality standing point for digital asset corporates,” said a top government...

IRS Official: Crypto Is Here to Stay and ‘Becoming More Legitimate’


A top Internal Revenue Service (IRS) official says, “Cryptocurrency is here to stay,” and “it’s becoming more legitimate.” The official added that the U.S. tax authority is looking to partner with crypto companies, noting: “I don’t see how we can operate...

China’s Digital Yuan Little Used, Former Central Bank Official Says


Trials of the digital yuan have produced disappointing results, according to a report quoting the former head of research at the Chinese central bank. The new form of national fiat has brought no benefits to the banks and should expand beyond being employed only as a substitute for cash, the banker...

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