Crytocurrency / Bitcoin - 11 hours ago
After initially ignoring pleas to extend the period for returning old naira banknotes, the Nigerian central bank recently said it has shifted the deadline for returning old banknotes to Feb. 10. The bank’s governor, Godwin Emefiele, said some 30,000 so-called super agents have been deployed na...
Crytocurrency / Bitcoin - 12 hours ago
In December, a U.K. minister suggested FTX's failure had reinforced the need for urgent crypto regulation. Now, the government has unveiled its plans.
Blockchain Technology / Blockchain/DLT Technology News - 12 hours ago
The automotive giant is exploring DAO tools and blockchain integration to improve company operations.
Blockchain Technology / Blockchain/DLT Technology News - 12 hours ago
The Damus app is powered by Nostr, which uses decentralized relays to distribute end-to-end encrypted messages, and has a powerful backer in Jack Dorsey.
Blockchain Technology / Regulations - 12 hours ago
After a bullish 2021 crypto miners sought out loans to allow them to expand, a move which has since backfired following difficult market conditions in 2022.
Crytocurrency / Bitcoin - 13 hours ago
India’s Finance Ministry has highlighted the necessity for “a common approach to regulating the crypto ecosystem” in its flagship Economic Survey this year. “Crypto assets are self-referential instruments and do not strictly pass the test of being a financial asset because it...
Fintech / Fintech News - 13 hours ago
Retail Banking is set to rapidly evolve in South Africa, explained consulting firm Boston Consulting Group (BCG) in a recent report on the banking industry. The covid-19 pandemic drastically changed how consumers view and want to interact with their banks. Another BCG report, produced in partnershi...
Blockchain Technology / Regulations - 13 hours ago
The UK’s finance ministry is planning to unveil extensive cryptocurrency regulation within the next day, according to a Jan. 31 report from Reuters. The ministry, otherwise known as HM Treasury, is expected to publish draft rules for British crypto companies on Wednesday, Feb. 1. According to...
Fintech / Fintech News - 14 hours ago
Dubai Chamber of Digital Economy, one of the three chambers operating under Dubai Chambers, has issued a recent report detailing plans to drive the emirate’s digital economy ambitions. This is part of its efforts to strengthen the digital economy ecosystem in Dubai and achieve the goals of the Dubai...
Crytocurrency / Bitcoin - 15 hours ago
Tesla’s latest filing with the U.S. Securities and Exchange Commission (SEC) shows that the fair market value of the company’s bitcoin holdings was $191 million at the end of 2022. In addition, billionaire Elon Musk’s electric car company recorded $204 million of impairment loss...
Blockchain Technology / Regulations - 16 hours ago
A report suggests companies are able to register in the U.K. very easily, making them appear more credible to potential scam victims.
Blockchain Technology / Regulations - 16 hours ago
Randall Crater was ordered to pay back the millions lost by victims of his fraudulent crypto scheme and spend 100 months in jail followed by a three-year supervised release.
Crytocurrency / Bitcoin - 17 hours ago
Asset management firm Devere Group says that 82% of millionaires surveyed have asked their financial advisors about adding cryptocurrencies, such as bitcoin, to their portfolios despite the crypto winter. “Wealthy investors understand that digital currencies are the future of money, and t...
Crytocurrency / Bitcoin - 19 hours ago
During the first month of 2023, the top two leading cryptocurrencies, bitcoin and ethereum, experienced double-digit gains against the U.S. dollar. Meanwhile, several alternative cryptocurrencies saw even greater increases in value, with metaverse tokens like Decentraland’s MANA and The Sandb...
Crytocurrency / Bitcoin - 20 hours ago
Positive signs of Bitcoin's recovery can be seen in on-chain, spot exchange and futures data.