Kenya Proposes Crypto Transfer Tax
The Kenyan national budget, which will be presented on June 8, proposes a 3% tax on the transfer of digital crypto assets
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Brazil Pilots CBDC in Stores
Central Bank of Brazil is ready to start trials of its proposed CBDC across various use cases including in-store and offline NFC payments
Bitdeer and Bhutan Investment Arm Launch Sustainable Digital Asset Mining
The upcoming carbon-free digital asset mining operations in Bhutan complement Bitdeer’s international expansion, with existing data centers in Northern Europe and North America
Coinbase Gives Up On Bitcoin-Backed Loans
Coinbase stopped issuing new Bitcoin-backed loans through its Borrow service, which allowed users to borrow up to $1 million with no credit check The crypto exchange Coinbase informed its customers that starting May 10, 2023, the company terminates its Coinbase Borrow service which allowed US users to receive fiat loans with crypto collateral. The lending feature […]
Coinbase Debuts Offshore Exchange
Coinbase announced the launch of an international cryptocurrency exchange.
Blur Introduces NFT Financing Loans
Blend which stands for Blur Lending is a new peer-to-peer lending option enabling collectors to buy blue-chip NFTs on the Blur NFT marketplace with a smaller upfront payment
Sotheby’s Metaverse Launches P2P Secondary NFT Marketplace
The Web3 arm of the famous auction house Sotheby’s has introduced another platform for trading digital art in the form of NFT
Nigerian SEC Considers Tokenized Assets Not Crypto
Preparing new industry regulations for digital asset platforms, Nigeria doesn’t plan to include cryptocurrencies According to Bloomberg, the Nigerian Securities and Exchange Commission (SEC) is considering allowing licensed digital exchanges to list tokens backed by certain assets. However, the regulator clarified it didn’t concern cryptocurrencies. Despite the previous reports that the government of Nigeria is preparing to […]
How Blockchain in Supply Chain Management Can improve Business Efficiency and Transparency
Blockchain is the latest buzzword in the technological world, with its powerful role in transforming various industries. One of the industries where this latest technology has left a revolutionary impact is supply chain management.
Mastercard Crypto Credential to Boost Trust in Blockchain
The first use case trial of the Mastercard Crypto Credential solution will enable blockchain transfers between U.S. and LAC
Silvergate, Silicon Valley Bank, and Signature: Big Picture in Small Details (Part 3/3)
A New York City sewer wave recently swept the crypto industry, and it’s no secret that the flood began beneath 33 Liberty Street. But now the foul odor has spread well beyond the financial district, revealing mismanagement and incompetence which riddles the US government and traditional finance (TradFi) banks, at least where the economy is […]
Visa Looks for Staff to Fulfil Crypto Ambitions
Visa job openings reveal the company’s “ambitious crypto product roadmap”
EU Parliament Approves Transfer of Funds Crypto Regulation
The Transfer of Funds regulation presupposes applying the same tracing requirements to crypto asset transfers as EU regulators demand from traditional money transfer providers The EU Parliament has voted to approve a new set of rules that allows the tracing of crypto-asset transfers, including bitcoin and electronic money tokens. The Transfer of Funds Regulation (TFR) means that […]
Utilization Of Bitcoin In The International Exchange
Bitcoin cryptocurrency has received a lot of appreciation from all the sectors which have accepted it as a potent form of money. There are a lot of industries and departments that have met the Bitcoin cryptocurrency and have made an investment in the system so that they can become part of the structure and can […]
Binance Reverses Course and Abandons $1 Billion Voyager Deal
Binance.US crypto exchange has terminated the agreement to purchase the bankrupt crypto firm Voyager Digital.
French Regulator Offers Crypto Companies Fast Track to MiCA
As European countries are searching for the best ways to transit to a new EU crypto regime called MiCA, French Financial Markets Authority offers a fast-track registration for the incumbents
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