Trash collectors in Africa earn crypto to support families with ReFi
“We are cleaning the environment, because without us, the city will be too dirty,” explains Jane Mago, a waste picker from Dar es Salaam, Tanzania. Her words underscore the environmental challenges bedeviling much of Africa—from polluted oceans and the menace of plastic bottles to poorly managed waste. These issues are not just local but reflect […]
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South Korean Biotech Firm to Use Blockchain for Genomic Big Data Ecosystem
Public South Korean biotech enterprise Macrogen, the country’s leading gene sequencing service provider, is developing a genomic big data blockchain-based platform together with local tech firm Bigster, according to an August 6 press release. The new partnership will leverage blockchain tech to create a medical big data ecosystem that would allow for both the secure…

US lawmakers issue warnings about digital yuan as Winter Olympics kicks off
"Do not accept any digital yuan," said Minnesota Representative Tom Emmer in a tweet aimed at Team USA athletes competing in China. 84 Total views 1 Total shares With the opening ceremony of the Beijing 2022 Winter Olympics completed and all competing athletes currently in China, two members of Congress are warning of the potential…

US lawmaker proposes bill aimed at limiting Fed’s ability to issue CBDC
Having the Fed require users to open accounts to access the benefits of a digital dollar would put it "on an insidious path akin to China’s digital authoritarianism," according to Tom Emmer. 425 Total views 12 Total shares Minnesota Representative Tom Emmer has announced he will be introducing a bill intended to prevent the Federal…

US Needs ‘More Nuanced’ Cryptocurrency Regulations: Academic Paper
United States’ cryptocurrency regulations are creating a problematic image for the country as an innovator and it needs a “more nuanced approach.” Two university professors have made this claim in an article Friday, Dec. 7, referring to a paper originally published Nov. 16.Discussing the current regulatory setup governing cryptocurrency, Carol Goforth of Oxford University and…

Korean regulators investigate banks over $6.5B tied to Kimchi premium
South Korean financial regulators are looking into the massive amount of foreign remittances of cash that came from crypto exchanges. 583 Total views 35 Total shares South Korean banks are being investigated for their role in facilitating $6.5 billion in suspicious overseas remittances which have been tied to companies arbitraging cryptocurrency. According to an Aug. 15…

Liquid Exchange Confirms Asset Delistings Due to Regulatory Requirements
Japanese exchange Liquid officially announced the delisting of 27 assets, citing regulatory precautions. 1607 Total views 14 Total shares Japanese exchange Liquid recently unveiled a mass asset removal from its platform, which COO Seth Melamed claimed necessary for legal compliance.“Liquid works closely with regulators in Japan and Singapore,” Melamed told Cointelegraph on July 25.Referring to…

US stocks lose $1.25T in a day — more than entire crypto market cap
Bitcoin (BTC) and altcoins lost big on Aug. 26 after the United States Federal Reserve delivered hawkish remarks on economic policy.Across the board, risk assets took a major hit — U.S. equities shed around $1.25 trillion in a single session.Analyst: Powell retiring "soft landing" rhetoricAs comments by Fed Chair, Jerome Powell, suggested that larger rate hikes…

Naira redesign no more: President’s directive canned by Nigerian supreme court
The supreme court of Nigeria says no to naira redesign, rules the old banknotes to remain in circulation. 744 Total views 2 Total shares Own this piece of history Collect this article as an NFTThe supreme court of Nigeria has ruled that the old N200, N500, and N1,000 naira notes remain in circulation till Dec.…