Bank of Ghana unveils draft rules for cryptocurrency exchanges

Earlier this month, the Ethereum Foundation team lead Péter Szilágyi confirmed the date of the network’s upcoming upgrade, Istanbul. Ethereum’s eighth hard fork overall and the second one this year is slated to take place on Dec. 4. Istanbul will introduce a number of improvements such as interoperability with Zcash, cheaper zero-knowledge layer two scalability solutions,…

Central bank digital currencies (CBDCs) have emerged as a prominent topic in the financial world. They promise elevated stability, security, efficiency, and reduced corruption. Central banks, the International Monetary Fund, the World Economic Forum, and the World Bank tell us CBDCs are a panacea waiting to cure all that ails our financial system.Unfortunately, those claims

NFT mania is reaching Asia as one of the region's most popular social media influencers is set to tokenize a series of videos. 1392 Total views 14 Total shares Baker, who has around 24 million followers across multiple Chinese social media platforms, will auction eight unique NFTs as part of the collaboration. One of the…

Things are looking up for Bitcoin and altcoins on Thursday, but the chance of a breakdown remains, one analyst warns. 683 Total views 29 Total shares Bitcoin (BTC) volatility is again overdue and one analyst is favoring an "impulsive" move towards $50,000.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTrader: "Chill and wait" for Bitcoin breakoutData from…

When the United States Treasury said on Feb. 13 that it would seek to enact new regulations governing cryptocurrencies, the price of Bitcoin (BTC) fell by almost 2% within an hour. But Alex Tapscott, for one, thinks it unlikely that the U.S. government will squash Bitcoin, as some fear. As he told Cointelegraph during a…

Crypto bounty payment platform Gitcoin announced it has enabled contributor payouts in Ethereum Classic (ETC).In partnership with Ethereum Classic Labs, bounty seekers now have the option to receive pay in ETC for their work on various open-sourced projects, Ethereum Classic Labs said in a March 16 announcement. The announcement was not clear on whether bounty hunters…

The protocol features leveraged trading, lending and borrowing and an in-house decentralized exchange. 664 Total views 6 Total shares Sovryn, a decentralized finance platform operating on the RSK Bitcoin sidechain, announced on Tuesday its public launch. Users can now access a full suite for trading Bitcoin (BTC) in a trustless, noncustodial environment, benefiting from powerful leverage and…

Waning interest in a North Hollywood crypto-themed homeA crypto-friendly house in North Hollywood, Los Angeles, is seemingly struggling to sell, as the property has seen its price reduce three times in a little over four months.The so-called “Cryptohouse,” as stated on the glowing neon sign in its kitchen, was listed for sale at $1.2 million…

The issue of Shariah acceptability of crypto is a matter of time and raising awareness, according to an Islamic finance expert based in Malaysia.Skepticism of crypto stems from uncertaintySuhaida Mahpot, CEO of major Shariah advisory firm Amanie Advisors, suggested that the existing skepticism towards crypto in Islamic countries is not a pure rejection, but rather…