Category: Cryptocurrency
Lebanon plans to introduce a digital currency next year to restore confidence in the banking sector and transition into a cashless system, GovernorRiad Salameh said. Central bank governor Riad Salameh told a gathering of officials Monday that “We must prepare a Lebanese digital currency project” as a way to shore up confidence in the banking system. […]
The central bank of Russia proposed to set limits on annual cryptocurrency investments by non-professional investors. The Bank of Russia suggested that unqualified investors in Russia should not be allowed to invest more than 600,000 Russian rubles ($7,800) in digital assets per year. The official statement says that the new regulatory restriction will involve not […]
Dutch crypto companies must register with the Netherlands’ central bank by May 18 or cease operations immediately, the monetary authority said Monday. De Nederlandsche Bank (DNB) is moving to quickly enforce enhanced Dutch anti-money laundering (AML) laws, which passed the Dutch Parliament last month to comply with the European Union’s AML directives and standards set […]
Bitcoin Manipulation Abatement LLC accuses Ripple and CEO Brad Garlinghouse of violating security laws while selling and marketing XRP. Attorneys for a company called Bitcoin Manipulation Abatement LLC have filed a lawsuit in a U.S. federal district court alleging Ripple misled investors and sold XRP as an unregistered security in violation of federal law. According […]
According to an announcement on April 23, Binance, launched social payments app Bundle in Nigeria, offering services in cryptocurrencies and fiat. Bundle now allows its users to request, send and receive cash or crypto from their peers in Nigeria. By the end of this year, the firm plans to expand to over 30 African countries […]
Binance has recently completed the acquisition of CoinMarketCap, the world’s most-referenced cryptocurrency data tracking site. Binance CEO, Changpeng Zhao (CZ) said: “The core DNA of CoinMarketCap is strongly aligned with Binance’s ethics and culture, from its integrity to its value of freedom, transparency and user-focus. Our common vision will be strengthened by this acquisition to further […]
Binance and its local subsidiary have set up a $50 million fund to reinvigorate growth in blockchain startups in India following a Supreme Court decision to allow banks to service crypto firms. Binance and India based bitcoin exchange WazirX – which Binance acquired in November – announced Tuesday their new Blockchain for India fund would […]
A Chinese multi-billion dollar scam known as PlusToken is moving their holdings of Bitcoin once again. In 2019, when the price of BTC dropped to $6000, analysts attributed the fall to the dumping of funds by the fraud. The Bitcoin locked in the PlusToken wallet are on the move again, noted for another “whale” transfer. […]
Qatar bans Crypto Trading – According to a recent report from the news outlet International Investment, the Qatar Financial Centre (QFC) Regulatory Authority has said that “Virtual Asset Services may not be conducted in or from the QFC at this time.” The services include fiat-to-crypto and crypto-to-crypto trading, custody, and financial services related to virtual […]
Introduced by the French Pact law, the French regime for initial coins offerings provides for the possibility for a tokens issuers to request the AMF approval. A first public offering has just obtained this visa from the regulator. Conditions for granting approval When issuing an optional visa for a public offer of tokens, the AMF […]
