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Central Bank Governor Says Kenya’s Position on Cryptocurrencies Has Not Changed

Central Bank Governor Says Kenya’s Position on Cryptocurrencies Has Not ChangedKenya’s position on cryptocurrencies is still unchanged the governor of the Central Bank of Kenya (CBK), Patrick Njoroge has said. Njoroge latest remarks come as Kenya continues to cement its position as one of the countries on the African continent that has the highest adoption of cryptocurrencies. CBK’s New Stance of Cryptocurrencies to Be Unveiled […]

Cryptography Expert Calls for Regulatory Reboot, Says ‘Orange Grove’ Laws Don’t Apply to Crypto

Oman Invites Bids From Firms Interested in Creating Regulatory Framework for Virtual Assets

Oman Invites Bids From Firms Interested in Creating Regulatory Framework for Virtual AssetsAuthorities in the Middle Eastern state of Oman have asked specialized companies, interested in helping the country set up a regulatory framework for virtual assets, to submit their proposals. Interested companies need to submit their proposals no later than March 23, 2022. Process Divided Into Two Phases The Oman financial regulator, the Capital Markets Authority […]

Cryptography Expert Calls for Regulatory Reboot, Says ‘Orange Grove’ Laws Don’t Apply to Crypto

German Online Bank N26 to Launch Cryptocurrency Trading Business This Year

German Online Bank N26 to Launch Cryptocurrency Trading Business This YearN26, a German online neobank, has announced it will get into the cryptocurrency trading business this year. The announcement was made by Max Tayenthal, co-founder and a CEO of the company, who pondered whether focusing on cryptocurrency instead of going global may have been a better idea. The company closed operations in the U.K. and […]

Cryptography Expert Calls for Regulatory Reboot, Says ‘Orange Grove’ Laws Don’t Apply to Crypto

Bancolombia to Offer Crypto Trading in Financial Regulator’s Pilot Program

Bancolombia to Offer Crypto Trading in Financial Regulator’s Pilot ProgramBancolombia, Colombia’s largest bank, will be offering cryptocurrency trading to customers in a pilot program within a regulatory framework established by the country’s financial regulator, the Superintendencia Financiera de Colombia (SFC). Customers of the Colombian bank will be able to trade bitcoin, ether, litecoin, and bitcoin cash. Bancolombia to Offer Cryptocurrency Trading to Customers in […]

Cryptography Expert Calls for Regulatory Reboot, Says ‘Orange Grove’ Laws Don’t Apply to Crypto

Botswana Does Not Have Regulatory Framework for Crypto — Central Bank

Botswana Does Not Have Regulatory Framework for Crypto — Central BankThe Bank of Botswana (BOB) has said the country does not have a specific legal or regulatory framework pertaining to crypto assets. The bank does, however, warn residents investing in cryptocurrencies that they will have no legal recourse should they suffer financial losses. Central Bank Responding to Public Inquiries In its statement released on November […]

Cryptography Expert Calls for Regulatory Reboot, Says ‘Orange Grove’ Laws Don’t Apply to Crypto

Nigerian Central Bank Intensifying Fight Against Cryptocurrency Traders

Nigerian Central Bank Intensifying Fight Against Cryptocurrency TradersJust a few days after launching the e-naira digital currency, the Central Bank of Nigeria (CBN) is now reportedly ramping up the pressure against cryptocurrency traders. Bank Employees Warned In a memo to its staff seen by Bitcoin.com News, one of Nigeria’s leading banks, FCMB, warns its employees against aiding cryptocurrency traders. The bank reveals […]

Cryptography Expert Calls for Regulatory Reboot, Says ‘Orange Grove’ Laws Don’t Apply to Crypto

Nigerian Judge Rules in Favor of Accused Crypto Startup, Accounts to Be Reopened

Nigerian Judge Rules in Favor of Accused Crypto Startup, Accounts to Be ReopenedA Nigerian Federal Court judge recently ruled that the two frozen bank accounts belonging to Rise Vest Technologies, which is accused of trading cryptocurrencies, must be reopened. CBN’s Bank Account Freeze Order Dismissed In a ruling that overturns the Central Bank of Nigeria (CBN)’s August 17 decision to freeze the bank accounts, Judge Taiwo Taiwo […]

Cryptography Expert Calls for Regulatory Reboot, Says ‘Orange Grove’ Laws Don’t Apply to Crypto

China’s Hebei Province Begins Crackdown on Crypto Mining and Trading, Reports Reveal

China’s Hebei Province Begins Crackdown on Crypto Mining and Trading, Reports RevealAuthorities in the Chinese province of Hebei have reportedly launched a campaign against cryptocurrency mining and trading. According to a quoted announcement by the region’s cyberspace administration, a number of government agencies are working together to prevent the use of the region’s computing power in the crypto activities which the government considers illegal. Cyberspace Watchdog […]

Cryptography Expert Calls for Regulatory Reboot, Says ‘Orange Grove’ Laws Don’t Apply to Crypto

Hedge Fund Brevan Howard Expands Crypto Business — Expert Hired to Lead New Digital Asset Unit

Hedge Fund Brevan Howard Expands Crypto Business — Expert Hired to Lead New Digital Asset UnitBrevan Howard, a European hedge fund management company, has said it will be expanding its crypto business. BH Digital, which is the hedge fund’s recently created unit, is expected to “manage its cryptocurrency and digital assets.” Growing Interest in Crypto From Hedge Funds In addition to creating BH Digital, Brevan Howard, according to a Reuters […]

Cryptography Expert Calls for Regulatory Reboot, Says ‘Orange Grove’ Laws Don’t Apply to Crypto

Namibia Central Bank to Complete Crypto Study By April 2022 — Governor Says Current Laws Do not Permit Use of Digital Assets

Namibia Central Bank to Complete Crypto Study By April 2022 — Governor Says Current Laws Do not Permit Use of Digital AssetsThe Bank of Namibia (BON) is on course to complete its study into cryptocurrencies by April 2022, the central bank governor, Johannes Gawaxab recently confirmed. The governor however reiterated that cryptocurrencies are not legal tender as there is currently no provision for digital currency use in the country’s laws. Although Gawaxab did acknowledge that cryptocurrencies […]

Cryptography Expert Calls for Regulatory Reboot, Says ‘Orange Grove’ Laws Don’t Apply to Crypto