South Korea to Introduce Ban on Crypto Purchases via Credit Cards
Financial Services Commission (FSC), the financial regulator of South Korea has presented a proposal to ban credit card payments for cryptocurrency purchases. The law will...
Nigeria’s Crypto Veto Prevented eNaira Adoption, Desipite Commanding Significant International Rating
Chinedu Albert, a Nigerian innovation and tech legal expert, claimed the adoption of eNaira will occur after the government acquires Nigerians’ trust. It will also...
El Salvador Outshines Nigeria in Bitcoin Interest
Different types and variants of cryptocurrencies have gained popularity in different regions around the globe. For Nigeria, stablecoins are ranked as the top cryptocurrency on...
Ripple Seeks to Acquire a Portion of the Expected $5T CBDC Market
Ripple takes a closer look at a considerable share of the expected central bank digital currencies market as the landscape changes. According to the report...
Ripple Publishes White Paper on CBDCs and Their Utility
Central Bank Digital Currencies (CBDCs) are digitized forms of legal tender or fiat currencies. CBDCs are usually issued and controlled by Central Banks as a...
Kazakhstan Blocked 980 Unregistered Crypto Trading Platforms in 2023
The Financial Monitoring Agency of Kazakhstan recently noted that the firm has launched an investigation into 9 crypto firms for conducting illegal trading operations. These...
EU Central Bank Chief Vows to Insulate Eurozone From Crypto Assets Volatility
The EU Central Bank (ECB) head, Christine Lagarde, admitted to warning the immediate relatives from crypto bets that turned catastrophic losses. She confessed her anti-crypto...
South Korea Plans to Test CBDC Project in 2024
According to a recent report from Atlantic Council around 130 nations around the world are currently working on CBDC projects. South Korea is among the...
Mastercard Integrates AI Tool to Tackle Crypto Crimes
Mastercard has recently declared that the firm is incorporating a new AI tool as a way to detect and stop fraudulent activities taking place via...
Singapore to Launch Live CBDC Trial for Wholesale Interbank Settlements
Singapore has continued to introduce new cryptocurrency-related regulations. The state has recently announced the pilot phase for Central Bank Digital Currencies (CBDCs). The CBDC project...