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Bank of Tanzania Hints at Possible Crypto Ban Reversal as Spokesman Confirms Bank Is ‘Working on the Directives Given’

In a hint that Tanzania might soon reverse its 2019 crypto ban, an unnamed spokesperson of the Bank of Tanzania (BOT) recently suggested the apex bank is “working on the directives given.” The remarks by the spokesperson follow Tanzanian President Samia Suluhu Hassan’s call on the country’s finance chiefs to prepare for cryptocurrencies. BOT Move […] дальше »

2021-6-28 09:00


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UK Financial Watchdog Clamps Down On World’s Largest Crypto Exchange, Binance

UK financial watchdog, the Financial Conduct Authority, has halted cryptocurrency exchange Binance from operating in the UK. In a statement titled “Consumer warning on Binance Markets Limited and the Binance Group” published on the organization’s official website on Saturday, the FCA stated that Binance Markets Limited “is not permitted to undertake any regulated activity in […] дальше »

2021-6-28 01:20


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Nigerian High School Defies Regulatory Bodies By Accelerating Bitcoin Adoption

Countries like Nigeria, which are classified as emerging markets with weak economies, are seeing a huge surge in crypto activities. As with the case in Nigeria, these activities are usually related to crypto companies and exchanges opening operations in the country and recording significant growth in trading volume. This time though, the news is coming […] дальше »

2021-6-28 23:49


'Bitcoin ran into two headwinds, which was arguably healthy!' Here's the what and the impact

The ongoing market frenzy in the cryptocurrency market received mixed reactions from the crypto community itself. While many skeptics deemed that the crypto "bubble" would soon burst, other proponentsThe post 'Bitcoin ran into two headwinds, which was arguably healthy!' Here's the what and the impact appeared first on AMBCrypto. дальше »

2021-6-27 15:00


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Tanzania’s Central Bank Working on Reversing Crypto Ban, Following President’s Directive

The Bank of Tanzania said that it is planning on reversing its previous ban placed on cryptocurrency after the Tanzanian President asked the country to prepare for the adoption of crypto.  Bank of Tanzania Looks to Lift Crypto Ban According to Reuters on Friday (June 25, 2021), Tanzania’s central bank is working on the directiveRead More дальше »

2021-6-26 15:00


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111 Unregistered Crypto Firms In The UK Might Pioneer The Next Bear Market

Following the notice by the Financial Conduct Authority (FCA) to cryptocurrency companies in January, the FCA published a warning to consumers against 111 crypto firms in the UK. The list which is to serve as a reference to consumers, to guide their relationship with crypto firms, comprises all crypto firms that are yet to register […] дальше »

2021-6-26 14:56