IMF urges Kenya to align crypto laws with global standards
IMF recommends Kenya overhaul outdated regulations, address scams and align its crypto framework with global standards for financial stability.
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Ripple CEO: Facebook’s Libra Will Not Launch Before 2023
Brad Garlinghouse, the CEO of blockchain payments network Ripple, thinks that Facebook will fail to launch its Libra digital currency before 2023. Garlinghouse bets on a 3-year Libra delaySpeaking in an interview with Fortune on Oct. 7, Brad Garlinghouse argued that regulatory pushback would continue to plague the project that was only announced in June, noting:“I…

Robinhood legal boss is being considered for SEC chair shortlist: Report
Robinhood’s legal chief, Dan Gallagher, is reportedly one of the top picks to head the SEC under Trump, who promised to fire its current chair “on day one.”

Here’s what traders expect after Bitcoin price rallied to $13,217
On Oct. 21 Bitcoin (BTC) price overtook the $13K mark to reach $13,217 after traders took out key resistance levels at $11,900, $12,000, and $12,500 in the last 48-hours. While there are various technical reasons behind the abrupt upsurge, there are three key factors buoying the rally.The three catalysts are a favorable technical structure, PayPal…

TZERO to Tokenize $25M of Luxury Residential Development in UK
Overstock’s blockchain arm tZERO will provide its technology to tokenize River Plaza, a luxury residential development in Manchester, United Kingdom.Following a partnership with U.K.-based real estate investment firm Alliance Investments, tZERO plans to tokenize at least $25 million of River Plaza on the Tezos blockchain, according to a press release on Oct. 30.A 180-unit luxury…

BSN to Continue as One Interconnected Network, Initiative Member Said
Red Date Tech CEO says BSN has not split up but rather working in different groups with different governing structures. 1339 Total views 18 Total shares China’s Blockchain Service Network, or BSN, will look at how to best approach public blockchains globally while still maintaining an interconnected network and has not separated into different entities,…

Pro-crypto lawmaker stays interim US House Speaker as frontrunner loses first round of voting
Ohio Representative Jim Jordan, the Republican Party's nominee for Speaker, won the support of 200 of his colleagues in an Oct. 17 vote — below the 217 needed to hold the position. 96 Total views 1 Total shares North Carolina Representative Patrick McHenry, chair of the United States House Financial Services Committee and crypto proponent

What are wash trading and money laundering in NFTs?
Wash trading and money laundering in NFTs: What’s the difference? Wash trading and money laundering in NFTs are fraudulent activities that manipulate market prices and facilitate illegal financial transactions in the digital art world. As non-fungible tokens (NFTs) continue to shape the digital landscape, offering creators new ways to monetize their work, they have also

GK8 increases insurance cap on digital assets to $1B
Institutional customers storing Bitcoin and other digital assets in GK8’s cold vault will receive up to $1 billion in insurance coverage. 227 Total views 2 Total shares Digital asset custody platform GK8 has partnered with USI Insurance Services to expand its insurance policy for institutional customers — a move the company said would incentivize banks…