Brazilian SEC mulling crypto regulation update
The Brazilian Securities and Exchange Commission is reportedly pursuing modifications in the nation’s legal system about its regulation of cryptos.
NFT Collections Will Be Regulated Like Cryptocurrencies – EU’s MiCA Law
An official informed guests at Korea Blockchain Week on Tuesday that non-fungible tokens (NFTs) that are a part of a collection will need to adhere to new European Union cryptocurrency laws meant to alert investors to dangers. The comments contradict earlier assertions that the novel ownership tokens will not be included by the bloc’s recently…
More than 1/3 of Africa’s 53 Million Crypto Owners are from Nigeria
An ecosystem is described as a “complex group of creatures whose habitat works as one entire ecological unit” in the Merriam-Webster dictionary. The Bitcoin ecosystem is a young but promising network of peer-to-peer and traditional Bitcoin exchange platforms, community educators, investors, core developers, entrepreneurs, and enthusiasts who are all working together to create an African…
Taliban crackdowns on cryptocurrency use in Afghanistan
The Taliban are cracking down on crypto traders in Afghanistan. The economy of Afghanistan has suffered since late the previous year when the Taliban took control over the jurisdiction on the 15th of August 2021. The Taliban’s seizure has pushed large areas of the nation into more poverty.
Day To Day becomes the first hypermarket in UAE to allow crypto payments
Day To Day Hypermarket, an esteemed discount mart in the United Arab Emirates, has initiated a new alternative payment mode with cryptocurrencies, which is the next step into the future of crypto.
Cryptocurrency requires an ‘enabling environment’: Philippines Central Bank
During the soaring crypto adoption in the Philippines, the nation’s central bank is looking for ways to better safeguard investors by increasing local cryptocurrency awareness.
This African nation has shown the most interest in cryptocurrency
As per a study, Nigeria showed more interest in cryptos than any other nation since the digital in April. Nigeria ranked 371 in the study that looked at Google Trends data for 6 searches like ‘invest in cryptocurrency’ or ‘buy cryptocurrency’ that were then mixed to give each English-speaking country a total search score. The…
Europe Central Bank Shows the Way, Revolut Gets Cyprus Nod
Europe has shown the way for future regulation of cryptocurrency in a way that supports responsible businesses and safeguards users. The future of cryptocurrencies in the EU depends on shared standards and open frameworks for blockchain businesses. If the European Union wishes to be a pioneer in blockchain technology, moving forward it should prioritize member…
Africa’s Cryptocurrency Market Grows by Over $100 Billion in One Year
In Africa and other developing nations, cryptocurrency use has increased. That is in line with a policy brief that UNCTAD, a United Nations organization, recently published. The populations of South Africa (7.1%), Kenya (8.5%), and Nigeria (6.3%) use these digital currencies in significant numbers. Bitcoin became legal tender in the Central African Republic in June….
Reddit declares new way to accept crypto – Community Points
Reddit, the online forum has declared a new way to accept crypto payments using Community Points. The platform has joined hands with a famous cryptocurrency exchange FTX to unlock new cryptocurrency-enabled benefits for Reddit Community Points.