Project Giant: Nigeria’s CBDC set for pilot rollout on Independence Day
Nigeria’s central bank digital currency will go into pilot testing on Oct. 1 with a tiered AML/KYC regime for the eNaira. Go to Source Powered by WPeMatico
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Russia not ready to accept Bitcoin as legal tender, says Kremlin
The Russian government keeps insisting that payments in cryptocurrencies like Bitcoin would ruin its financial system. Go to Source Powered by WPeMatico
Crypto mining demand soars in Vietnam amid Bitcoin rally
One crypto mining rig seller in Vietnam has reportedly seen its sales triple in early September, with GPUs selling at premium prices. Go to Source Powered by WPeMatico
Sen. Elizabeth Warren calls crypto the ‘new shadow bank‘
The Massachusetts senator said that it’s “worth considering” banning U.S. banks from holding the reserves to back private stablecoins. Go to Source Powered by WPeMatico
Poll: 3 Out of 4 Russian Investors Would Rather Buy Cryptocurrency Than Gold or Fiat
An overwhelming majority of Russian investors view cryptocurrencies as a more attractive investment proposition than traditional fiat currencies or gold, a new survey has established. Even among those who have never traded digital assets, most already think of buying crypto in the near future. Crypto Is the Promising Opportunity for Russian Investors National currencies are … Read more
Not Legal Advice… America: The world’s most creative junkie
What the United States needs is tens of billions of dollars, and the state is going to take it from the American crypto community. Go to Source Powered by WPeMatico
US postal inspectors need ‘comprehensive crypto training,’ audit finds
An internal audit released by the United States Postal Inspection Service has recommended that the agency develop a “comprehensive crypto training program” to reduce risks during its investigations. Go to Source Powered by WPeMatico
Former US president calls crypto a ‘disaster waiting to happen’
He seemingly dismissed the crypto market’s potential in favor of strengthening the U.S. dollar in a recent interview. Go to Source Powered by WPeMatico
Retirees in El Salvador protest against Bitcoin adoption
Retirees and veterans in El Salvador are worried that the government would start paying their pensions in Bitcoin instead of the U.S. dollar. Go to Source Powered by WPeMatico
SEC reportedly contracts blockchain analytics firm to monitor DeFi industry
“The SEC is very keen on understanding what is happening in the world of smart contract-based digital assets,” said Victor Fang. Go to Source Powered by WPeMatico
