Texas Senator Introduce Legislation To Rectify Accented Bill
Senator Ted Cruz of the U.S. Congress has submitted a bill to revoke the $1 trillion infrastructure crypto provision section, which he said is a “devastating attack” on the crypto industry. “I urge my colleagues in the Senate to repeal…
Regulatory Framework For Crypto Lacking In Botswana
The Bank of Botswana (BOB) has stated that the country is not furnished with a specific legal or regulatory framework for crypto assets. The bank does, however, warn citizens investing in cryptocurrencies that there would be no legal ground for…
The Government Of China Blocks Coingecko And Coinmarketcap Through China’s Internet Firewall
The two most popular Crypto market data providing companies have been blocked by the government of China from providing market analysis to the citizens following the recent ban from China for the 100th time. The Chinese government evaluated the access…
Crypto To The Rescue: Cryptocurrency Donations Help Fight Starvation In Yemen
Middle Eastern country Yemen has been overrun by a civil war since 2014 leaving 16 million people including 400,000 children under the age of five in starvation and lack of other supplies. However, crypto donations are already being used to…
Nigerian Transportation Company GIGM Plunges Into Cryptocurrency
First-class Leading transportation and logistics company in Nigeria God is Good Motors (GIGM) is set to enter the blockchain and cryptocurrency industry. The transportation company has been in operation in Nigeria since 1998 and has built a network across the…
Cryptocurrency Market Value Races to $2 Trillion.
Ethereum gains 20% rise in price. Ethereum Upgrade “London” goes Live The Ethereum upgrade codenamed London went live today accelerating the the volume of trade resulting in 20% price increase, with Bitcoin still coasting at little over $40,000 price. With…
A Huge Crypto Milestone: German Law Allowing Financial Institutions to Hold Cryptocurrency Takes Effect Tomorrow Aug 2 .
Lessons For Nigeria Lawmakers and Financial Institution Regulators. Starting tomorrow, August 2,2021, German institutional funds can hold their assets in cryptocurrency to the tune of 20%. This is a pace setter for more mainstream adoption of cryptocurrency into subsidiary financial…
Ghana Vice President Calls on African Nations to Embrace Digital Currency.
The vice president of Ghana, Dr Mahamudu Bawumia has called on African Nations yet to embrace digital currency to adopt the emerging technology to meet up with dynamism of the present age in financial ecosystem. He made this known during…
Kenyan Farmers Use Cryptocurrency.
In what is termed Community Inclusion Currency CIC, Kenyan farmers are selling their produce, purchasing fertilisers and farming inputs with cryptocurrency designed for their community. An American economist, Will Ruddick, introduced blockchain technology for low income urban customers and has…
Central Bank Of Nigeria Set Date for The Launch Of Digital Currency eNaira.
In a private webnair press briefing held on Thursday, delivered by the head IT of the Central Bank of Nigeria, Rakiya Mohammed. The pilot scheme is expected to be launched on 1st October 2021, on Nigeria’s independent day celebration. Rakiya…