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Nigeria Bureau De Change Association Boss Accuses Speculators of Destabilizing the Naira— Says Central Bank Funding Will End Currency Woes

According to the head of the Nigerian group of bureau de change operators, the naira’s continued fall on the parallel market is down to the activities of speculators. However, Aminu Gwadabe, the president of the Association of Bureau de Change Operators of Nigeria (ABCON), suggests that only a “massive funding” of bureau de change (BDC) […] дальше »

2021-5-22 15:00


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India’s Central Bank Cites Financial Instability Due to Cryptocurrencies

On Wednesday, Governor Shaktikanta Das said that India’s central bank has “major concerns” about cryptocurrencies. He flagged potential risks leading to financial stability. Crypto Adoption Woes The Reserve Bank of India (RBI) has been fundamentally opposed to cryptocurrencies ahead of the government’s plans to introduce a law to ban this form of assets and instituteRead More дальше »

2021-2-25 00:00


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Ripple Optimistic of a Speedy Resolution of MoneyGram Tiff

Ripple has released a statement after MoneyGram stepped back from its partnership with the blockchain ledger provider because of woes with the Securities and Exchange Commission. MoneyGram-Ripple Partnership Ripple has stated that they made a multi-year contract in 2019 with MoneyGram, which is still in place and is not limited to their use of ODL.Read More дальше »

2021-2-23 20:01


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More Woes For XRP As MoneyGram Suspends Trading On Ripple’s Platform

The United States Securities and Exchange Commission has a long and complex history with the cryptocurrency industry. This has included the prosecution of fraudulent Initial Coin Offerings during the ICO boom a few years ago, the back and forth of the Bitcoin ETF, and the issues surrounding the introduction of crypto-related regulation. The latest of […] дальше »

2021-2-23 00:34


Bitcoin Reclaims $40,000 as Powell Rubbishes Taper Tantrum Woes

Bitcoin didn’t die—all over again. The flagship cryptocurrency climbed to an intraday peak of $40,127 in the early New York session Thursday, up more than 7 percent. Its upside move followed a massive bearish reversal at the beginning of this week, wherein the price fell from near $42,000 to as low as $31,100 (data from […] дальше »

2021-1-15 22:56


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USDC 2.0 Introduces “Gasless Sends” to Tackle Skyrocketing Ethereum Gas Fees

Members of the Centre Consortium — Circle and Coinbase – have unveiled USDC 2. 0 to tackle notorious Ethereum network gas fees. Circumventing Ethereum Gas Woes U. S. -based cryptocurrency exchange Coinbase and P2P payments technology firm Circle have launched a new USDC stablecoin with several upgrades to the underlying protocol and smart contract. дальше »

2020-8-28 16:07