HYDERABAD: The Enforcement Directorate (ED), Hyderabad, on Friday issued a show-cause notice to cryptocurrency exchange WazirX and its directors under the Foreign Exchange Management Act for transactions involving cryptocurrency worth
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Cryptocurrency Trading Regulated in South Africa with FSCA
South Africa’s financial regulator announced its intention to bring the cryptocurrency market under its oversight. This was mentioned in a report from the Inter-governmental Fintech
Texas State-Chartered Banks Officially Authorized to Offer Crypto Custody Services
The Texas Department of Banking has announced that state-chartered banks can provide cryptocurrency custody services. “The Texas Department of Banking believes that the authority to
Why Global Payment Firms are Skeptical regarding Crypto Remittance Services
El Salvador may be touting bitcoin’s use to help its citizens living abroad send funds back home, but the biggest remittance firms are cautious about
Central Bank of Nigeria to Unveil Digital Naira this year
The Central Bank of Nigeria (CBN) is to unveil a digital currency, Director of the Information Technology Department, Rakiya Mohammed, has disclosed. Mohammed, who made
Financial Giant State Street Launches Digital Finance Division – Unit’s Focus Aimed at Crypto and Defi
On Thursday, the Boston-based financial services and bank holding company State Street Corporation announced the launch of a division dedicated to cryptocurrencies, the digital economy,
Bank of International Settlements, The French, and the Swiss Central Banks Announce Joint CBDC Project
The Bank for International Settlements announced it will work with two central banks to test a cross-border wholesale central bank digital currency (CBDC). The BIS
The SEC has “Meme-Stock-Trading” and Bitcoin in Its Sights!
“Follow the money” is a phrase that’s now part of our national lexicon and that’s exactly what the Security and Exchange Commission will do. The
The International Monetary Fund (IMF) “There are economic issues with El Salvador Bitcoin move”
BREAKING NEWS: The International Monetary Fund (IMF) said on Thursday it has a number of economic and legal concerns regarding the move from El Salvador
Ripple Price Chart: XRP/USD Mixed Trading Continues; Ready for A Breakout!
The XRP/USD closed at $0.92131, after reaching a high of $0.92131, and a low of $0.84759. The XRP/USD pair extended its gains on Wednesday, as Ripple proposed introducing federation