U.S. lawmakers want State Department to disclose and justify crypto rewards
An amendment proposed by lawmakers in the United States indicates that they want to be kept in the loop when it comes to crypto rewards...
Category : Business
Nigeria forces CBDCs by limiting ATM cash withdrawals over $225 a week
To further its “cash-less Nigeria” policy and promote the usage of the eNaira, Nigeria’s Central Bank’s Digital Currency, the country has dramatically curtailed the amount...
Crypto lender Nexo will exit United States as it meets dead end
Nexo announced it would quit the United States market in the coming months The company is shutting down operations after failed talks with the US...
Ukraine to update crypto framework in consultation with global experts
The Advisory Council on the Regulation of Virtual Assets, which is dedicated to updating the crypto framework in Ukraine, held its first meeting on 1...
Crypto exchange Kraken to start layoffs as crypto winter persists
Kraken plans to lay off nearly 30 percent of its overall headcount because of crypto winter The company is providing a number of support for...
SBF claims to have only thousands of dollars left in bank after FTX’s collapse
SBF claims to be down to a hundred thousand dollars, with almost all of his wealth wiped out with FTX’s collapse The former CEO also...
Israel’s Finance Ministry recommends new guidelines for crypto regulations
The Chief Economist at Israel’s Ministry of Finance, Shira Greenburg, published a list of recommendations for the regulation of digital assets on 28 November. She...
BlockFi sues FTX’s Sam Bankman-Fried hours after bankruptcy filing
BlockFi has sued Sam Bankman-Fried for his shares in Robinhood, which was used by SBF as collateral This comes in on the same day as...
FTX faces criminal and civil investigation in the Bahamas
Minister of Legal Affairs revealed that there was an ongoing criminal and civil investigation against FTX FTX was the only registered entity in the region...
Matrixport looking to raise $100M amid industry-wide lending crisis
Singapore-based Matrixport is out to raise funds. The firm, which is among the largest crypto-lenders in Asia, is seeking a funding of $100 million amid...