Month: June 2026

Trevor Kimani Pushes Kenya to Balance Crypto Rules as 2025 Framework Takes Shape

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Kenyan cryptocurrency leaders are urging closer cooperation with government regulators to help shape the nation’s emerging digital-asset framework. A New Era of Formal Oversight Cryptocurrency industry leaders have urged deeper collaboration with government agencies as Kenya advances work on its first comprehensive digital-asset regulatory framework. Speaking at a recent Bitcoin conference in Nairobi, technology executives … Read more

Nigeria, Rwanda Join Forces on Crypto Regulation to Counter Fraud

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Rwanda and Nigeria have signed a cooperation agreement between their respective financial regulatory bodies to deepen collaboration across capital markets and digital assets. Strengthening Regional Oversight Rwanda and Nigeria have signed a cooperation agreement to deepen collaboration across capital markets and digital assets, marking a significant step toward more coordinated cryptocurrency regulation across Africa as … Read more

Riot Games Makes Stake-Owned Kick an Official Esports Broadcaster, Just a Year After Rescinding Sponsor Ban

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Riot Games has named Kick, the streaming platform owned by the founders of crypto casino Stake, as an official broadcaster of its esports product. This is a full turnaround from its longstanding ban, which took place in multiple steps: about a year ago, it first allowed betting companies as team sponsors while insisting its own … Read more

Trader Turns FIFA World Cup Bets Into $8.47 Million Profit in a Single Day

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A prediction-market trader earned $8.47 million in a single day betting on the FIFA World Cup. The wagers spanned the Sweden-Japan and Ecuador-Germany fixtures. Two Wallets, Multimillion-Dollar Wagers According to Lookonchain, the trader created a fresh wallet a day earlier and placed $7.19 million on Sweden to win and Japan not to win their match. … Read more

Electronic Money or Digital Asset? Brazil Sparks Intense Debate Over Stablecoin Regulation

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While Congress prepares to consider Bill 4308/2024 to regulate the status of stablecoins, the cryptocurrency industry opposes designating them as electronic money, advocating for maintaining the current status of virtual assets, as they lack the elements of traditional currency. Brazil’s Crypto Industry Opposes Stablecoin Designation As Virtual Currency While stablecoins have become immensely popular in … Read more

$47 Million in Illicit Crypto Seized as Europol Cracks Down on Global Cybercrime Networks

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The seizures come after a collaboration of law enforcement groups from Canada, Denmark, Germany, the Netherlands, and the U.S. attacked infrastructure that served criminals using SocGholish, Amadey, and StealC, three key “cybercrime-as-a-service” malware used to collect victims’ info and sensitive data. Europol Cracks Down on Malware-Powered Criminal Infrastructure Networks On Wednesday, Europol announced the completion … Read more

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