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The Nigerian Government and Binance: The Way Forward — CMO of Flincap
3.3.2024
The promise of the blockchain and cryptocurrency still remains strong. Globally, there continues to be growing interest in the blockchain and peer-to-peer exchanges. We are seeing the institutional adoption of crypto and a rise in interest in retail adoption, too. We have seen the example in...
Report: Nigerian Government Imposes $10 Billion Fine on Binance
2.3.2024
The Nigerian government has reportedly slapped the cryptocurrency exchange Binance with a $10 billion fine. According to a Nigerian government official, Binance is being punished for causing the local currency’s recent plunge against major currencies. Binance’s Alleged Influence on...
Nigeria Government Demands $10B From Crypto Exchange Binance: BBC
1.3.2024
The exchange allegedly enabled funds to leave Nigeria while the country is trying to restrict capital outflows
Nigerian Authorities Slap Binance with $10 Billion Fine Amid Crypto Crackdown
1.3.2024
The Nigerian government has imposed a staggering $10 billion fine on Binance as part of a crackdown on the platform in an effort to stabilize the nation's local currency.
The post Nigerian Authorities Slap Binance with $10 Billion Fine Amid Crypto Crackdown appeared first on Cryptonews
Edward Snowden Predicts Government Bitcoin Buys, US Transfers 15,085 Bitcoin Following Price Surge
29.2.2024
Edward Snowden predicts government bitcoin buys, while $922 million worth of Bitcoin has been moved from wallets linked to the US government.
The post Edward Snowden Predicts Government Bitcoin Buys, US Transfers 15,085 Bitcoin Following Price Surge appeared first on Cryptonews
US Government Wallets Transfer Nearly $1B in Bitcoin Seized From Bitfinex Hack
29.2.2024
The US government seems to have transferred close to $1b in Bitcoin late Wednesday from two wallets linked to the 2016 Bitfinex hack, data from Arkham Intelligence showed.
The post US Government Wallets Transfer Nearly $1B in Bitcoin Seized From Bitfinex Hack appeared first on Cryptonews
U.S. Government Crypto Wallets Transfer Nearly $1B of Bitcoin Seized From Bitfinex Hacker
28.2.2024
Wallets containing bitcoin seized by the U.S. government in the notorious Bitfinex hack – later leading to guilty pleas for Ilya Lichtenstein and Heather "Razzlekhan" Morgan – have suddenly become active
Republican Senators Propose Legislation to Prohibit CBDC: The Hill
27.2.2024
U.S. GOP legislators have proposed a bill to ban Federal Reserve-backed central bank digital currencies, citing concerns over privacy and government access to citizens’ spending data.
The post Republican Senators Propose Legislation to Prohibit CBDC: The Hill appeared first on Cryptonews
Saudi Arabia Rolls Out Metaverse Initiative to Celebrate Cultural Heritage
26.2.2024
The Saudi Arabian government has launched a metaverse to display the country’s cultural heritage which includes history, arts, and crafts.
The post Saudi Arabia Rolls Out Metaverse Initiative to Celebrate Cultural Heritage appeared first on Cryptonews
Nigeria’s Crypto Community Criticizes Government Stance on Exchanges
23.2.2024
Nigeria’s crypto community has slammed the recent anti-industry stance of a government that previously lifted the ban on crypto trading.
The post Nigeria’s Crypto Community Criticizes Government Stance on Exchanges appeared first on Cryptonews
Riot and Texas Blockchain Council Challenge US Government’s Bitcoin Mining Data Request in Court
23.2.2024
The publicly listed mining firm Riot Platforms and the Texas Blockchain Council have initiated legal proceedings against the U.S. Department of Energy (DOE) and other federal entities, aiming to obstruct what they deem an unauthorized data collection effort targeting the bitcoin mining industry....
Max Keiser Warns of Government Seizing Bitcoin in ETFs — Predicts 1987-Style Crash as BTC Rises to $500K
23.2.2024
Bitcoin proponent Max Keiser has warned of potential government seizure of bitcoin held in spot exchange-traded funds (ETFs). He additionally issued a stark warning about a looming 1987-style crash, while simultaneously predicting that the bitcoin’s price will surge past $500,000....
Nigeria Asks Telcom Firms to Restrict Access to Binance, Coinbase Websites – Here’s Why
22.2.2024
Crypto exchange behemoths are facing serious scrutiny in Nigeria, as the country aims to clampdown crypto transactions. The government has directed telcoms to prevent access to crypto websites such as Binance, Coinbase and OctaFX.
The post Nigeria Asks Telcom Firms to Restrict Access to Binance...
Hong Kong Government Pushes for Licensing Bills on Stablecoin and OTC Crypto Trading
21.2.2024
The Hong Kong government aims to submit licensing bills for stablecoin and over-the-counter (OTC) crypto trading frameworks in order to regulate the crypto industry and enhance investor protection.
The post Hong Kong Government Pushes for Licensing Bills on Stablecoin and OTC Crypto Trading...
Algorand Foundation partners with Plateau State Government
21.2.2024
Algorand Foundation and the Government of Plateau State of Nigeria are joining hands to explore pilot programs using blockchain technology in Nigeria. The partnership was announced on the official website of Algorand. The post read that the Government of Plateau State holds a strong position in...
UK Aims for Stablecoins, Staking Regulations by Mid-2024
20.2.2024
The UK government intends to get lawmakers to approve new legislation for stablecoins and staking within the next half-year.
The post UK Aims for Stablecoins, Staking Regulations by Mid-2024 appeared first on Cryptonews
Edward Snowden Calls Bitcoin the “Most Significant Monetary Advance Since The Creation of Coinage”
19.2.2024
Whistleblower Edward Snowden ignited controversy with his claim that Bitcoin represents the most significant monetary advance since the creation of coinage. His views sparked heated debate surrounding Bitcoin's role in finance and its relationship to government regulation.
The post Edward Snowden...
Japanese Government Plans to Relax VC Crypto Investment Rules
19.2.2024
VC crypto investment rules could be relaxed in Japan, where the government plans to allow venture capital firms to invest in Web3 companies. Per an official release from the nation’s Ministry of Economy, Trade, and Industry, and the media outlet CoinPost, the cabinet has approved a move that could...
FTC Updates Rules to Address AI Deepfake Threats to Consumer Safety
16.2.2024
The US Federal Trade Commission (FTC) proposed making new updates on an artificial intelligence (AI) deepfake rule on February 16. The government agency said the proposed rule changes would protect users from AI impersonations. According to the ‘Rule on Impersonation of Government and Businesses’...
Law Firm Handling FTX’s Bankruptcy Case Expected to Become Binance’s Independent Monitor
16.2.2024
New York-based law firm Sullivan & Cromwell, which is currently handling FTX’s bankruptcy case, is expected to be appointed as the independent monitor for Binance Holdings. The move comes after Binance reached a multibillion-dollar settlement with the US government. As part of...