In the face of dwindling fortunes within the cryptocurrency sector, Africa’s most populous country, Nigeria, stimulates a new interest in the non-centralized currency. Failings, impairments,
Category: News
FDIC Makes Clear That It Does Not Insure Crypto Exchanges
Last week, the Federal Deposit Insurance Corporation (“FDIC”) was part of two releases clarifying that only insured banks and thrifts enjoy FDIC insurance, notwithstanding what
Cryptocurrency Card Released in Argentina by Binance
Argentina has become the first South American country to officially adopt the use of a cryptocurrency card by Binance. A major cryptocurrency exchange, Binance is
Investigation Into Prominent Crypto Exchanges by SEC Underway
An inquiry being conducted by the United States body responsible for regulating the securities market and safeguarding the interest of investors, the Securities and Exchange
Salary to Bitcoin Conversion Now Possible for New York Yankees
A new framework now exists between the NYDIG and the New York Yankees. Payroll members of the latter can convert what remains of their after-tax income into Bitcoin. An investment trust, New York Digital Investment Group LLC (NYDIG) has just signed a long-term contract with the New York Yankees, to enable the
Kraken Comes Under SEC Watch List as Coinbase
The searchlight of the United States Treasury is currently beaming on a cryptocurrency exchange, Kraken. Going by available information, the reason for this is the
India, an Emerging Market; KuCoin Not in Distress – Boss
As unconfirmed reports filtered in about bankruptcy, the platform observed an abnormal massive pullout of assets but not for long. Given the stringent conditions foisted
Leading Singapore Crypto Financier Enmeshed in Massive Debt Crisis
A cryptocurrency trading platform, Vauld, domiciled in Singapore, is currently making efforts to wriggle its way out of a huge debt owed to its numerous
India’s Reserve Bank Renews Its Campaign Against Cryptocurrency
In India, a fresh motion that will bring about the outright proscription of crypto because of its repercussion on the country’s fiscal stability has been
Nearly 180,000 ATMs to Dispense Bitcoin – US Hyosung Company
The US subsidiary of Hyosung just concluded a deal with DigitalMint, a company that makes it possible to convert cash into crypto. Under the arrangement,