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Over 10,000 South African Retail Outlets Now Accept Momint Crypto Vouchers


Momint, a Web3 marketplace app, has said South African residents can now use cryptocurrency to purchase shopping vouchers which are accepted by over 10,000 retailers. The Momint app can also be used to send cross-border remittances at a fraction of the fees charged by regular money transfer...

Putin Signs Digital Ruble Law Allowing CBDC Payments in Russia


President Vladimir Putin has signed into law a bill on the introduction of the digital ruble in the Russian Federation. The new legislation, which legalizes and regulates the use of Bank of Russia’s digital currency for payments and other transactions, will enter into force on Aug. 1. President...

FTX Lawsuit Reveals Alleged Plan to Use Island as Doomsday Bunker


A newly filed lawsuit has alleged that the FTX Foundation planned to use the island nation of Nauru as a safe refuge for effective altruists for “some event where 50% - 99.99% of people die.” According to the lawsuit, filed by FTX’s current management, the plan to use the island as a giant...

Elon Musk X Twitter Rebrand Superapp - Which Coins Will it Use For Payments?


Twitter owner Elon Musk is in the process of implementing a long-awaited rebrand of the social media platform to a new super-app called “X”. “X is the future state of unlimited interactivity – centered in audio, video, messaging, payments/banking – creating a global marketplace for ideas, goods...

Kuwait Capital Markets Authority Reaffirms Comprehensive Crypto Asset Ban


In a circular released by the Capital Markets Authority of Kuwait, the regulator reaffirmed its position that Kuwait strictly prohibits the use of virtual currencies and bans mining activities within the Gulf state. The authority also emphasized the importance for businesses to inform customers...

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