France’s Macron denies Pavel Durov arrest was political
The Telegram founder was arrested at Le Bourget airport north of Paris on Aug. 24.
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Sweden’s Central Bank Wants to Host Innovation Hub for Digital Currencies
The Riksbank, Sweden’s central bank that started testing its own central bank digital currency (CBDC) in February, wants to host the digital currency innovation hub by the Bank for International Settlements (BIS).Officially announcing the news on March 6, the Riksbank noted that in order for the hub to be located in Sweden, the bank would…
Banks bullish on crypto: Standard Chartered’s Zodia raises $36M
After leading Zodia’s series A funding round, the Japanese financial conglomerate SBI Holdings became its second-largest shareholder. 384 Total views 16 Total shares Own this piece of history Collect this article as an NFTGlobal banks continue to expand their cryptocurrency-related capabilities, with the British multinational bank Standard Chartered raising new funding for its crypto platform…
Binance Dollar Exceeds $100 Million Cap ‒ 400% Growth
On March 10, the Binance Dollar’s (BUSD) market cap crossed the $100 million mark. This is the first time that the stable coin, created in partnership between Binance and Paxos Trust company, has achieved this milestone.BUSD growthCurrently, BUSD has the sixth highest market cap amongst stable coins. BUSD had a slow start, but has picked…
‘Coordinated media FUD’ about Bitcoin from Financial Times to Fox Business
In light of Bitcoin’s recent price rally, mainstream media has started to cover the industry again, but remain unconvinced it's a true store of value. Mainstream media outlets are finally reporting on the recent rally that saw Bitcoin creep close to its all-time high — but some commentators appear to be determined to spread FUD.Two…
China’s only public blockchain Conflux sees CFX price skyrocket 1300% in 2023
Conflux Network (CFX) is up nearly 500% in the past week, with CFX emerging as one of the best-performing crypto assets in 2023 as China appears to be warming to cryptocurrency trading. What is Conflux Network?Interestingly, Conflux Network, also known as Shanghai Tree-Graph Blockchain Research Institute, is the only regulatory-compliant, public and permissionless blockchain in China. Conflux is…
New York Judge orders Tether to document USDT backing
The court accepted the Plaintiffs’ requests to provide "undoubtedly important" documents in the alleged fraud case. 382 Total views 14 Total shares The judge for the United States District Court for the Southern District of New York, Katherine Polk Failla, ordered Tether to prove 1-to-1 backing of its eponymous stablecoin, Tether (USDT). The company is…
1,400 sign up for MicroStrategy’s corporate Bitcoin-buying bootcamp
MicroStrategy, the business intelligence firm that has enjoyed 135% gains on the $1 billion in BTC it purchased last year, is hosting a webinar on corporate Bitcoin strategy. 2872 Total views 14 Total shares Leading global business intelligence firm MicroStrategy is hosting an online seminar this week to explain the legal considerations for firms seeking…
Exploring the landscape of crypto regulations in sub-Saharan Africa
Sub-Saharan Africa has no doubt suffered many regulatory setbacks in adopting cryptocurrencies. With most countries in the region struggling not to buckle under economic uncertainties and pressures looming over them even as the ripple effects of COVID-19 set in, it would appear that many Africans, especially millennials, aren’t waiting for the government anymore.The main issue…