CB Payments Limited (CBPL) a subsidiary the Coinbase Group fined $4.5 million by FCA for onboarding high-risk customers. Breaches occurred despite a 2020 agreement to halt onboarding high-risk customers. This is FCA’s first action under […]
India’s Narcotics Control Bureau (NCB) is actively monitoring cryptocurrency payments on the darknet as part of its ongoing efforts to combat drug trafficking in the country. During a Parliamentary discussion on July 24, Nityanand Rai, […]
The UAE Central Bank approved a framework for stablecoin regulation which allows only dirham-backed stablecoins to be used for payments. Cryptocurrency like Bitcoin and Ethereum will be restricted to trading, investment, and corporate treasury purposes […]
Indian Finance Minister Nirmala Sitharaman’s 2024 Union Budget speech on July 23 failed to mention cryptocurrencies, leaving the existing tax regulations unchanged. Local crypto advocates pushed for reducing the current 1% tax deducted at source […]
The Monetary Authority of Singapore (MAS) has committed 100 million Singapore dollars ($74.36 million) to beef up its finance sector’s quantum computing and artificial intelligence capabilities. The latest injection of funds by the MAS — […]
The X account for OpenAI’s ChatGPT has light-heartedly replicated a post by United States President Joe Biden, which was commonly interpreted as “I’m sick” in relation to his recent positive COVID-19 diagnosis. Biden, however, used […]
Nigerian cryptocurrency celebrity Linus Williams, popularly known as Blord, has been granted bail following three days in police custody. The fintech CEO, who commands a significant following in the cryptocurrency community, was detained by the […]
In one of the most significant cyberattacks of the year, WazirX, an Indian cryptocurrency exchange, lost over $230 million from a multisig wallet. WazirX reported the attack on one of its multisig wallets, which has […]
OKX, a crypto exchange and Web3 technology company, has announced that Malta will serve as its Markets in Crypto-Assets (MiCA) hub to ensure compliance with regulatory requirements in the European Union. In a press release […]
The Nigeria Police Force has intensified its crackdown on cryptocurrency-related offenses, arresting local crypto celebrity Linus Williams, known as BLord. The Force Public Relations Officer, Olumuyiwa Adejobi, confirmed the arrest in a statement released on […]
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