Zimbabwe is set to introduce a gold-backed digital currency in an effort to stabilize its local unit, which has been facing continued depreciation against the US dollar, according to central...Read More
Civil servants in the Chinese city of Changshu will soon be receiving their salaries in digital RMB or digital yuan, according to a notice issued by local authorities. The Changshu...Read More
Bitcoin’s recent price slump, with the cryptocurrency hovering around $28,000, has been accompanied by an intriguing development. A long-dormant wallet, which has been inactive for over 10 years, suddenly sprung...Read More
Roqqu, a Nigerian cryptocurrency exchange, has obtained regulatory approval to operate in South Africa, allowing it to provide on and off-ramps to the South African rand currency. This approval enables...Read More
The government of El Salvador has unveiled a new educational initiative called “CUBO+” that aims to cultivate highly skilled Bitcoin and Lightning developers through the country’s university system. The program,...Read More
Different regulatory agencies have varying classifications for digital assets based on their respective areas of oversight. For example, the Securities and Exchange Commission may categorize some digital assets as securities,...Read More
Ray Youssef, the CEO and co-founder of Paxful, a popular peer-to-peer cryptocurrency marketplace, has announced his resignation from the company. In a statement posted on Twitter, Youssef cited regulatory challenges...Read More
Revolutionizing Payments: MicroStrategy Adopts Lightning Addresses for Bitcoin Transactions In a groundbreaking move, MicroStrategy, a leading global technology company, has converted all its company emails into Bitcoin Lightning addresses. This...Read More
Shaquille O’Neal, a former basketball star and celebrity spokesperson for FTX, has been served in a class-action lawsuit against FTX founder Sam Bankman-Fried. The lawsuit was filed by Edwin Garrison,...Read More
According to the interim head of intermediaries at Hong Kong’s Securities and Futures Commission (SFC), Keith Choy, decentralized finance (DeFi) projects could be subject to regulation and licensing requirements. Choy...Read More
