Nigeria revisits its payments landscape amid sluggish eNaira adoption
Nigeria’s central bank will explore the potential of stablecoins, the adoption of blockchain technology to power a central bank digital currency (CBDC) and regulatory considerations...
Ooki DAO misses lawsuit response deadline, default judgment on the cards
The Commodity Futures Trading Commission (CFTC) has begun the process of getting a default judgment in its case against Ooki DAO after the latter missed...
City of London, British trade groups form new digital currency advocacy alliance
The City of London has teamed up with a variety of trade associations to form the UK Forum for Digital Currencies, an alliance that will...
FTX reportedly recovers assets worth over $5 billion
A bankruptcy attorney for crypto exchange FTX revealed on Wednesday that the platform had located over $5 billion in assets. The new assets includes cash...
Hong Kong watchdog aims to restrict retail traders to liquid products
The new licensing program, scheduled to take off in June, will restrict retail traders in Hong Kong to “highly-liquid” digital assets, according to the new CEO...
Its the calm before the storm in crypto markets
Key Takeaways Crypto volatility has come down and extreme on-chain activity subsided in period of relative calm Several concerning developments around Genesis, Gemini and DCG...
DCG chief Barry Silbert pens letter to shareholders, community reacts
The crypto community woke to another drama-filled day after the Digital Currency Group (DCG) chief’s letter to shareholders went wrong. DCG CEO, Barry Silbert, penned a...
Proposed bill in Argentina encourages citizens to reveal crypto holdings
Argentina’s Ministry of Economy, the country’s economic policy manager, has drafted a bill to encourage Argentines to declare their cryptocurrency holdings, using the inducement of...
UK MP says stablecoin is a gateway to CBDC, only crypto can ‘disrupt’ settlements
The United Kingdom remains committed to becoming a world crypto industry hub in spite of the recent negative events that have occurred on the market....
What is happening at Coinbase? Another 20% of employees laid off
Key Takeaways Coinbase has announced it is cutting 20% of its workforce, having cut 18% back in June The company is trading at a market...