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Japan to block Facebook's Libra until the full legal compliance

Bank of Japan Deputy Governor Masayoshi Amamiya, said in a statement that Facebooks' cryptocurrency called Libra, must comply with regulations on money laundering and risk management. Facebook is working on a global cryptocurrency that will be introd...

Study: 89% of cryptocurrency investors wary of funds in case of death

A research conducted by the Cremation Institute found that 89% of cryptocurrency investors are worried about what will happen to their assets when they die. However, it also revealed that only 23% of investors have established their will regarding th...

Discussion Paper on the Consumer Protection Code and the Digitalisation of Financial Services

In order to address consumers protection issues and their adequacy to digital enviroment Central Bank of Ireland publishedDiscussion Paper on the Consumer Protection Code and the Digitalisation of Financial Services. Even though consumers protection ...

Jamaica welcomes WiPay

Jamaica is the third island in the Caribbean to embrace WiPay, a technology solutions company that simplifies e-commerce for micro, small, medium, and large enterprises. WiPay Jamaica Ltd., a subsidiary of WiPay Caribbean Ltd., is to provide software...

UK bill aims to curb criminal use of cryptocurrencies

The Economic Crime and Corporate Transparency Bill has been passed by the UK House of Lords with the aim of assisting law enforcement agencies in combating criminal activities involving cryptocurrencies. The bill, which now awaits approval from the H...

CBN promotes e-Naira adoption to accelerate the digital payment revolution

The Central Bank of Nigeria (CBN) is promoting the adoption of the e-Naira policy and recently visited the Federal University of Technology, Akure (FUTA) to inform the university's officials, staff, and students about the importance of using this dig...

South Korea's new crypto bill to regulate unfair trade

South Korea's National Assembly has passed the 'Act for the Protection of Virtual Asset Users,' a new law to safeguard individuals involved in virtual asset transactions. The legislation covers various aspects, including the segregation of crypto cus...

Germany embraces Worldcoin's AI proof of personhood (PoP) technology

Worldcoin, a digital Identity and financial services cryptosystem co-founded by OpenAI CEO Sam Altman, is being rolled out in Germany. The technology was developed not as a verification tool but rather as a way to confirm that end users are human. Th...

The US state of New York imposes a two-year moratorium on bitcoin mining

European Commission publishes legislative proposal for a digital euro

The proposed legislation aims to ensure that a digital euro would have legal tender status, be easily accessible to all individuals, offer basic services for free, protect privacy and data, and prevent money laundering and terrorist financing risks. ...

FTX debtors report reveals cryptocurrency exchange owed customers $8.7 billion

FTX Trading Ltd. and its affiliated debtors have released a second report detailing the commingling and misuse of customer deposits at FTX.com by the previous management team. The report have identified that cryptocurrency exchange owed customers aro...

Regulatory authority demands immediate suspension of Binance's operations in Belgium

The Financial Services and Markets Authority (FSMA) has issued an order to Binance, a virtual currency service provider, to immediately cease all operations related to virtual currencies in Belgium. The FSMA identified that Binance was offering excha...