Crypto Exchange Coincoinx to Launch Crypto to Fiat Payments App in Venezuela

Coincoinx, a cryptocurrency exchange, will reportedly launch a service that will allow users to skip trading crypto for fiat to make payments in Venezuela. The service, which is called Coinpago, will allow users to make payments in every store and retailer......

Rapport: Morocco’s Central Bank to Unveil Crypto Regulation Bill Soon

The Moroccan central bank is presently working on a cryptocurrency regulation framework bill and according to the banks governor, Abdellatif Jouahri, this is set to be introduced soon. The regulatory framework being worked on will result in Moroccos money laundering and......

SEC Chair Gensler Proposes ‘One Rule Book’ Crypto Regulation

The chairman of the U.S. Securities and Exchange Commission (SEK), Gary Gensler, has reportedly proposedone rule bookfor the regulation of crypto assets. “If this industry is going to take any path forward, it will build some better trust in......

CBDC Ensures Nigeria Remains Competitive in Increasingly Digital World — Central Bank Governor

The governor of the Central Bank of Nigeria (CBN) has insisted the recently introduced e-naira digital currency can potentially boost trade and investment activities in the country. He added the digital currencywould be necessary in the future to ensure Nigeria......

Rapport: Crypto Hedge Fund Three Arrows Capital Pitched a GBTC Arbitrage Trade Before Rumored Collapse

Last week there was a lot of focus on the crypto hedge fund Three Arrows Capital (3AC) as the firm allegedly had a great deal of leveraged positions liquidated and theres been speculation about insolvency. According to a recent report, 3AC’s ......

Salvadoran President to Bitcoin Investors: Your BTC Investment Is Safe, Will Immensely Grow After Bear Market

The president of El Salvador has some advice for bitcoin investors. He believes investments in the largest cryptocurrency are safe and willimmensely growafter the bear market. Frelseren’s President on Bitcoin Investments The president of El Salvador, Nayib B Watch,......

SEK, State Regulators Probe Crypto Lender Celsius Over Accounts Freeze

USA. Securities and Exchange Commission (SEK) and several state regulators are reportedly investigating the decision by crypto lender Celsius Network to freeze withdrawals. OS. Securities Regulators Investigate CelsiusWithdrawal Freeze The U.S. SEC and securities regulators in Alabama, Kentucky, New......

Do Kwon Accused of Cashing out $2.7B Before UST Collapse, Terra Founder Says Allegations Are False

Terra’s new LUNA 2.0 token has lost 54% in value in the last two weeks, after reaching $11.33 per unit on May 30. I mellemtiden, the whistleblower Fatman has accused Terras co-founder Do Kwon of cashing out $2.7 billion a few months......

Indian Regulator: Crypto’s Decentralized Nature Makes Regulation Challenging

Indias market regulator, the Securities and Exchange Board of India (SEBI), says the decentralized nature of crypto assets makes consumer protection and regulatory enforcement challenging. SEBI on Crypto Regulation The Securities and Exchange Board of India (SEBI) reportedly told the Parliamentary......

UAE Charitable Foundation Receives Approval to Accept Crypto Donations

Al Jalila Foundation, the United Arab Emirates charitable organization, recently announced that it has been given permission to accept cryptocurrency donations. Accepting cryptocurrencies makes it possible for the foundation to receive funding via what is described as one of the fastest-growing......