Stakeholders urge Nigeria to adopt compliance-focused crypto regulation

Nonfungible tokens (NFTs) were in a strong bull run from Jan. 1 to mid-February. During this time, OpenSea volumes topped $5 billion and then fell to $3.6 billion toward the end of February. This could have been a sign that the overall sentiment of the crypto and NFT market was correcting. As Q2 approaches, the total volumes…

The Australian subsidiary of market operator Chi-X called on the Australian Competition and Consumer Commission (ACCC) to investigate the possible effects of blockchain tech on trading activities.Reuters reported on Oct. 30 that stock exchange Chi-X Australia is concerned that a new blockchain system implemented by the Australian Securities Exchange (ASX) — Chi-X Australia’s sole competitor…

Blockchain payment system and stablecoin issuer Terra has added South Korean music streaming platform Bugs to its e-commerce alliance. As CoinDesk reported Aug. 14, there are now 25 partners in the Singapore-based company’s South Korea-focused payment ecosystem.The Terra Alliance uses payment solutions provider CHAI as its front-end. CHAI incorporates a mobile payments app which connects to…

Walmart is currently making use of blockchain technology to create a food traceability system based on the Linux Foundation’s Hyperledger Fabric. Along with IBM, the retail giant has already tested two proof-of-concept projects to examine its envisioned system. The first project deals actively with tracing the origins of the mangoes being sold across Walmart’s stores in…

The United Nations Development Programme has partnered with Dutch NGO the FairChain Foundation to use blockchain for the more equitable funding of cocoa farmers.According to an Oct. 17 report from SpringWise, the partners will launch a new chocolate bar, made with Ecuadorian-grown cocoa, together with a token-based scheme that allows consumers to contribute directly to…

The stunt follows former President Donald Trump’s statement that he wants all the remaining Bitcoin to be “Made in USA.”

Having served two years in prison in France, accused BTC-e mastermind Alexander Vinnik has now been extradited to the U.S. to face multiple charges in California. 263 Total views 15 Total shares Accused BTC-e operator Alexander Vinnik has reportedly been extradited to America to face up to multiple charges relating to money laundering while working…

The New York State Department of Financial Services did not describe its new capacities, but said they will contribute to the detection of a variety of illegal activities. 72 Total views 1 Total shares Own this piece of history Collect this article as an NFTThe New York State Department of Financial Services (NYDFS) has announced…

Crypto allies dominate the list of witnesses slated to appear before the House Committee on Energy and Commerce. 35 Total views 1 Total shares As U.S. Congress is preparing to take a thorough look at the energy use of crypto mining, the list of witnesses for the Thursday hearing contains more proponents of blockchain technology…