Japan and South Korea to Implement Strict Crypto Regulations
Regulators in Asia are not a fan of cryptocurrencies. In the past few months, various nations from the region have taken up an issue with...
Philippines to Introduce Non-Blockchain CBDC After Two Years
The Central Bank of the Philippines is set to launch a new type of CBDC project in the upcoming two years. The monetary authority noted...
Swiss City of Lugano Ushers Multiple Digital Currencies
The city’s finance executive believes that Bitcoins, stablecoins, and central bank digital currencies can coexist in Lugano since they can serve various purposes for users....
Bank of England Admits Unreadiness for Britcoin’s CBDC in the UK
The British policymakers have portrayed their undecided stance on the digital pound - Britcoin. The policymakers dismissed the possibility of the rushed release of the...
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...