Nigerian president to unveil eNaira central bank digital currency
The Nigerian central bank digital currency was originally slated for launch earlier this month but was delayed. Go to Source Powered by WPeMatico
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NFTs for freedom: Nonfungible tokens and the right to self-determination
With a rise in distributed political discourse, nonfungible tokens can provide exciting new opportunities for self-governance. Go to Source Powered by WPeMatico
Pakistan Government Not Against Crypto Investments, High Court Calls for Regulations
The executive power will not oppose cryptocurrency investments, a high-ranking government official has told lawmakers in Pakistan. The statement comes as a regional high court has urged the federal government to regulate cryptocurrencies and formed a committee to look into the matter in the coming months. Minister Says Pakistan Government Has No Objection to Investments … Read more
Treasury official acknowledges most crypto transactions are ‘legitimate’ but still anticipates additional sanctions
“The vast majority of digital assets are being used for legitimate purposes, but for those that are primarily in the business of furthering criminal enterprises, we plan to use our tools to go after them,” said Wally Adeyemo. Go to Source Powered by WPeMatico
Russian officials consider proposal to mine Bitcoin with associated gas
Russian authorities continue to show increasing interest in cryptocurrencies as Bitcoin nears a new all-time high. Go to Source Powered by WPeMatico
SEC Chair Gary Gensler responds to concerns about first Bitcoin-linked ETF
In the same interview, Proshares CEO Simeon Hyman opined that regulated futures traded in a 40-act ETF will open the opportunity to get BTC exposure to a lot of folks who may have been waiting on the sidelines. Go to Source Powered by WPeMatico
US Treasury says it must ‘modernize and adapt’ to digital currencies
“Digital assets and payments systems could harm the efficacy of our sanctions” if left unchecked, the Treasury said. Go to Source Powered by WPeMatico
Asian CBDC projects: What are they doing now?
Governments in Asia are quickly researching or implementing CBDCs. What does this mean for the region’s overdependence on the U.S. dollar? Go to Source Powered by WPeMatico
‘Thank God for Bitcoin,’ Cynthia Lummis says on US debt limit raise
Bitcoin should be there to allow people to save in the event of governments fail, Senator Cynthia Lummis said. Go to Source Powered by WPeMatico
Russia doesn’t plan to follow in China’s footsteps by banning crypto outright, says deputy finance minister
Crypto payments in the country are currently banned, but Russians have been allowed to purchase and trade digital assets like Bitcoin. Go to Source Powered by WPeMatico