Less than 0.5% Nigerians have used the country’s CBDC e-Naira a year after its launch

Nigeria’s Central Bank Digital Currency (CBDC) e-Naira is failing because of low adoption rates while the government is trying to drive adoption higher, Bloomberg News reported. The post Less than 0. дальше »

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Apple Japan to Pay $98 Million in Back Taxes for Missing Duty-Free Abuses

Coinspeaker Apple Japan to Pay $98 Million in Back Taxes for Missing Duty-Free Abuses Notably, iPhones are cheaper in Japan than abroad. As a result, Tokyo authorities suspect vendors trying to take advantage of the country's duty-free system, purchasing the products and then selling them overseas, turning a profit by bypassing consumption tax. дальше »

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El Salvador Educates Students on Bitcoin, Paving the Road for Further Adoption

El Salvador is taking further steps at pushing Bitcoin mass adoption through educating students. But the country’s portfolio is down by 60%. The post El Salvador Educates Students on Bitcoin, Paving the Road for Further Adoption appeared first on BeInCrypto. дальше »

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Russia: An increased demand for ASIC chips in the country could mean this

Russia’s cryptocurrency mining bill to legalize crypto mining and the sale of mined crypto could be approved by January The demand for ASIC chips has increased among Russian crypto mining harThe post Russia: An increased demand for ASIC chips in the country could mean this appeared first on AMBCrypto. дальше »

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LBank Welcomes Nigeria’s Push to Recognize Crypto as Investment Capital

Nigeria has put forward a significant legislation design that will further facilitate cryptocurrency adoption in the country with over 200 million inhabitants. Why this matters: If the Investments and Securities Act, 2007 (Amendment) Bill passes, the Nigerian securities and exchange commission (SEC) will recognize cryptocurrencies and other digital assets as capital for investment. дальше »

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Australia Accelerates Crypto Adoption Plans Ahead Of 2023

The Department of Treasury, the Australian Government ministerial department responsible for economic policy, fiscal policy, market regulation, and budgeting, announced that the country will introduce stricter rules for crypto in early 2023. дальше »

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Brazil’s Securities Regulator Allows Investment Funds to Invest in Crypto

Assets will have to comply with current regulations approved this week by the country’s outgoing President Jair Bolsonaro. дальше »

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Russia to legalize crypto for international trade

Russian officials announced that the country will legalize the use of cryptocurrency for international trade in January 2023 in a move to circumvent the Western sanctions. The congressional finance committee chairman, Anatoly Aksakov, said that although bitcoin (BTC) and cryptocurrency… дальше »

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LBank welcomes Nigeria’s push to recognize crypto as investment capital

Nigeria has put forward a significant legislation design that will further facilitate cryptocurrency adoption in the country with over 200 million inhabitants. Why does this matter? If the InvesThe post LBank welcomes Nigeria’s push to recognize crypto as investment capital appeared first on AMBCrypto. дальше »

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Marshall Islands Announces Ambition to Become a Global Leader in for-Profit DAOs

Choices are limited for an isolated country like the Marshall Islands, situated between Australia and Hawaii. So, the tiny republic has chosen a less obvious path: Web3. The post Marshall Islands Announces Ambition to Become a Global Leader in for-Profit DAOs appeared first on BeInCrypto. дальше »

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Marshall Islands legally recognizes DAOs as domestic limited liability companies

The law enables legal entities registered in the country to formally adopt DAO structures and governance tools.

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North Korean hackers reportedly stole $1.2B in crypto since 2017

South Korea’s National Intelligence Agency (NIS) reportedly revealed that state-sponsored North Korean hackers stole $1. 2 billion worth of crypto assets in the last five and a half years and the country has been using these funds to finance its nuclear missile program. дальше »

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FTX: Sam Bankman-Fried's extradition to the United States begins

SBF will be extradited to the United States tonight The former CEO will be presented in Manhattan court within 48 hours of arrival in the country Sam Bankman-Fried's - founder and former CEOThe post FTX: Sam Bankman-Fried's extradition to the United States begins appeared first on AMBCrypto. дальше »

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Coinbase secures VASP registration in Ireland

Operations in the country will be overseen by Cormac Dinan, a former employee of Crypto.com, Deloitte and Citigroup.

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Gleec BTC Exchange Acquires BlockTane to Move into Brazilian Market

Coinspeaker Gleec BTC Exchange Acquires BlockTane to Move into Brazilian Market Gleec has also dived into El Salvador, the country that was ranked as the first in the world to legalize Bitcoin back in September 2021. дальше »

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Sango Coin listing postponed by Central African Republic

As the first country to adopt Bitcoin as legal tender in Africa, the Central African Republic appears to be struggling with its investor-oriented token, Sango Coin. дальше »

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Central African Republic Delays Crypto Coin Listing to 2023

The country was one of the first to declare bitcoin as legal tender. дальше »

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Bank of Canada cynical on crypto, plumps for stablecoin regulation

Bank of Canada (BOK) just released a statement on the need for regulating stablecoins pegged to a centralized fiat currency. One of the main reasons for this decision is the high demand for crypto assets in the North American country.… дальше »

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Nigeria Set To Consider Bitcoin As A Legal Tender: Here’s All You Need To Know

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Is Nigeria stepping into El Salvador's shoes? This update can clear the air

Nigeria may legalize the usage of Bitcoin soon More people from the country were switching to cryptocurrencies as their economy faltered As per an 18 December article by a Nigerian newspaperThe post Is Nigeria stepping into El Salvador's shoes? This update can clear the air appeared first on AMBCrypto. дальше »

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Argentina win World Cup but ARG token falls 50%

Argentina are the FIFA 2022 World Cup winners, beating France 4-2 on penalties after a thrilling 3-3 draw. Victory for Argentina saw soccer icon Lionel Messi lead his country to its first third triumph at the global showpiece, ending a 36-year wait since legend Diego Maradona inspired them to victory in 1986. дальше »

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Kazakhstan to Press On With CBDC Development Until 2025

For the next two years, the country will work on launching into industrial operation, and will cooperate other other central banks for cross-border and currency-exchange operations. дальше »

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Gate.io secures regulatory license to operate in the United States 

Gate.io's United States subsidiary, Gate US, has secured regulatory approval in the country. дальше »

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Nigeria to Recognize Crypto as Investment Capital: Report

A proposed bill will lay out crypto supervisory powers of the Central Bank of Nigeria and the country's securities regulator, an official has said. дальше »

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Argentina fan token dumps 50% despite World Cup win

Argentina’s fan token ARG dumped over 50% of its value, trading for as low as $2. 68 from over $6 in the last 24 hours despite the country winning the 2022 FIFA World Cup in Qatar, according to CryptoSlate data. дальше »

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Nigeria to Pass Law Legalizing Bitcoin Trading

Coinspeaker Nigeria to Pass Law Legalizing Bitcoin Trading If the suggested regulation efficiently solves the increasing Bitcoin use in the country, it possesses the power to catalyze the economy of Africa's most populated country. Nigeria to Pass Law Legalizing Bitcoin Trading дальше »

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Nigeria set to recognize crypto as an investment class

Nigeria lawmaker Babangida Ibrahim said that the country is set to recognize cryptocurrencies as an investment class in its proposed investments and securities amendment bill, local Punch news reports. дальше »

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Crypto.com Receives License as a Payment Institution in Brazil

The company is the first crypto exchange to become a licensed payments institution in the South American country. дальше »

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Japan Greenlights Sustainable Mining as Bitfarm Warned by NASDAQ

Japan’s policy choices are fostering sustainable cooperation with the country’s cryptocurrency miners, as others around the world struggle. The post Japan Greenlights Sustainable Mining as Bitfarm Warned by NASDAQ appeared first on BeInCrypto. дальше »

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Visiting El Salvador’s Slums, It’s Clear Bitcoin Country Must Go Further

A visit to Soyapango, one of El Salvador’s most impoverished slums, shows that the Bitcoin experiment isn’t reaching those who need it most. дальше »

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Canadian regulator bans crypto leverage

Crypto exchanges operating in Canada have to comply with new directives after the Canadian Securities Administrators (CSA) said it had updated its approach to the regulation of crypto trading in the country. дальше »

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DeFi Infrastructure Provider Sooho.io Raises $4.5M for Bridging Blockchains

The South Korean company intends to use the funds to develop a range of blockchain tools for building decentralized finance applications that link the country's independent crypto networks. дальше »

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Canadian Securities Regulators to Strengthen Crypto Oversight After FTX Collapse

The country's securities regulatory body will consider enforcement action if crypto companies do not comply. дальше »

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JP Morgan says 13% of Americans are into crypto, details inside

Almost 43 million Americans or 13% of the country's total population have owned cryptocurrencies at some point in their lives, according to recent JPMorgan Chase research. The Dynamics and DemograThe post JP Morgan says 13% of Americans are into crypto, details inside appeared first on AMBCrypto. дальше »

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Charles Hoskinson Says India’s Anti-Crypto Regulatory Environment Is Preventing Cardano’s Entry

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UK exploring a digital pound

A digital pound could be launched in the United Kingdom as part of the country’s effort to introduce better regulation to the crypto industry. The post UK exploring a digital pound appeared first on CryptoSlate. дальше »

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UK Extends Crypto Tax Break for Investment Managers in Financial Reforms

Rishi Sunak’s government has already legislated to use stablecoins as a means of payment as he seeks to make the country a crypto hub. дальше »

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Hong Kong introduces licenses for crypto exchanges

Hong Kong creates licenses for crypto exchanges, aiming at attracting big industry players to the country. The registration rules will exempt traders with volumes of less than $15,000. Hong Kong embraces crypto licenses Hong Kong is working towards becoming friendlier… дальше »

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South Korea’s Central Bank Wants to Oversee Stablecoins

The country joins other jurisdictions in proposing standards for stablecoin issuance. дальше »

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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 of cash that people and busiThe post Nigeria forces CBDCs by limiting ATM cash withdrawals over $225 a week appeared first on AMBCrypto. дальше »

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Paraguay's legislature fails to reverse presidential veto on crypto regulation law

Just 38 out of 80 members of Paraguay’s Chamber of Deputies voted to reconsider a bill to cap electricity rates for the country’s crypto miners. дальше »

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Adopting Bitcoin: El Salvador Has Work To Do, But The Experiment Is Worth Celebrating

Visiting El Salvador for the Adopting Bitcoin conference showed that the country’s experiment needs more time, but is worth celebrating. дальше »

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Paraguay Legislature Fails To Pass Bill Regulating Bitcoin Mining

The country did not pass a bill that would have clarified rules regarding the cost of electricity imposed on bitcoin miners. дальше »

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Nexo announces gradual exit from the United States

Nexo, a leading crypto lender based in the UK, has announced a phased exit from the United States. The latest Nexo news comes just a few months after the company revealed a stake in a US-based bank as it sought to bolster its presence in the country. дальше »

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Can President Bukele's BTC obsession put El Salvador at a massive disadvantage

El Salvador's President claimed that Bloomberg's article criticizing his Bitcoin policy was "full of lies" The economy of the country took a sharp downturn following BTC's fall Nayib Bukele,The post Can President Bukele's BTC obsession put El Salvador at a massive disadvantage appeared first on AMBCrypto. дальше »

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Russia closes biggest digital asset deal in Chinese Yuan

Russian authorities have approved the country’s first legal digital asset deal using the Chinese Yuan. The transaction, worth about 58m Chinese yuan ($8. 3m), became the biggest legal deal of its kind in Russia. дальше »

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Most Influential Artist: Osinachi

The Nigerian artist creates one-of-a-kind images using Microsoft Word. For this season, he depicted Mikhaylo Federov, the Ukrainian official who raised about $200 million in crypto for that country's war effort. дальше »

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The Organizer of the Freedom Convoy Who Got Its Crypto Assets Frozen

Canada’s trucker protest organizers unwittingly taught us that a private citizen in that country can successfully petition a judge to freeze someone else’s crypto. That's why Tamara Lich is one of CoinDesk’s Most Influential 2022. дальше »

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Three Arrows Capital Liquidators Seize $35.6M From Singaporean Banks

Liquidators for Three Arrows Capital (3AC) have seized $35.6 million from the collapsed crypto hedge fund’s bank accounts in Singapore three months after getting the nod from that country’s High Court to begin probing 3ACs assets in the country. дальше »

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Here’s Everything That’s In Brazil’s Bitcoin And Crypto Bill

Brazil’s Congress just approved a complete regulatory framework for cryptocurrency markets in the country. Here’s everything that’s in it. дальше »

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