Former Paxful CEO Says He Cannot ‘Vouch for Anything Happening There Now’ — Platform Tells Users It Is Back Online

The former CEO of Paxful, Ray Youssef, has told users of the peer-to-peer bitcoin marketplace that he is no longer in control and therefore cannot vouch foranything that is happening there now.Youssef also told a user who claimed to

Nigeria-China Currency Swap: Activist Lawyer Accuses IMF and World Bank of ‘Economic Sabotage’ to Promote US Dollar, Urges Nigeria to Join BRICS

Nigerian human rights activist and lawyer, Femi Falana, has accused the International Monetary Fund (IMF) and the World Bank (WB) of sabotaging the currency swap arrangement between China and Nigeria. Falana said the Nigerian central bank and the two global financial

Former SEC Enforcement Chief: Coinbase’s Arguments ‘a Surefire Loser’ and Possibly Criminal

According to John Reed Stark, crypto exchange Coinbase’s assertions that its business activities were endorsed by the U.S. Väärtpaberi- ja börsikomisjon (SEC) when it approved its initial public offering area surefire loser.According to Stark, the SEC’s approval of

Jack Dorsey-Backed Bitcoin Legal Defense Fund Supports Open Source Developers in Lawsuit With Craig Wright

Bitcoin Legal Defense Fund (BLDF) recently delivered on its promise to fund the legal costs of 11 Bitcoin developers that are the target of the self-proclaimed Bitcoin inventor Craig Wright’s lawsuit. According to Alex Morcos, a “mission [of BLDF] is to

Aruanne: Korean Central Bank to Gain Right to Probe Virtual Asset Entities After Financial Regulator Drops Opposition

The South Korean central bank is set to be granted the right to investigate virtual assets after the Financial Services Commission (FSC) dropped its opposition to the move. Vastavalt aruandele, the FSC dropped its opposition to the central bank’s

IMF Blog: Interest Rates to Fall to Pre-Pandemic Levels Once Inflation Is Tamed

When inflation in advanced economies is tamed, real interest rates are likely to drop to pre-pandemic levels, the latest International Monetary Fund (IMF) blog post has said. According to the authors of the blog post, the transition to acleaner economy

CATO Institute: CBDC the ‘Single Largest Assault to Financial Privacy Since Creation of Bank Secrecy Act’

A central bank digital currency (CBDC) may turn out to be thesingle largest assault to financial privacy since the creation of the Bank Secrecy Act,” a policy analysis document released by CATO Institute has said. To stop the U.S. Föderaalne…

South African Professor Accuses US Regulators of Attempting to ‘Assassinate Crypto’

The United Statesattempts toassassinate cryptoare illegal and unlikely to succeed becausecrypto is global,” Steven Boykey Sidley, a South African professor and author, has argued. According to Sidley, many formerly U.S.-based companies and innovators have fled the country

Alleged Kenyan Bill Proposes Widening Definition of Securities to Include Crypto Assets

A bill seeking to put blockchain and crypto assets under the purview of the Kenyan Capital Markets Authority is supposedly set to be debated in the country’s parliament. The bill also seeks towiden the meaning of ‘securitiesto capture digital

Number of Irretrievably Lost BTC Now 6 Million — Cane Island Manager

The number of irretrievably lost bitcoins has now reached 6 miljonit, which leaves 13.3 million as coins that remain in circulation, Timothy Peterson of Cane Island Alternative Advisors has said. Peterson added that out of the 1.7 million bitcoins that will