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Sam Altman's crypto venture Worldcoin facing ban in Kenya over legal and safety issues
Oct 05,2023
A Kenyan parliamentary panel has recommended the shutdown of Worldcoin in the country due to concerns about the 'authenticity and legality' of its operations in the digital identity, financial services, and data security domains. An ad hoc committee ...
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PayPal to leave Libra Association
Oct 04,2023
Online payment company PayPal announced that they will leave the Libra Association, the organisation behind Facebook's cryptocurrency Libra. Announced as one of the first backers of Libra cryptocurrency, PayPa was a part of 28 global companies that f...
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Liechtenstein approves blockchain act
Oct 03,2023
Legislators in Liechtenstein have approved the 'Token and Trustworthy Technology Service Providers Act' (TVTG), often referred as a blockchain act. The act was put in motion back in May 2019, and with the approval of the parliament it will enter into...
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Moya Networks bring high speed Internet to Africa
Oct 03,2023
On 3 October, Moya Networks in South Africa disclosed it would launch its cryptocurrency token presale on 11 October at reduced rates. The network aims to generate funds to bring high speed Internet to the African continent by using high capacit...
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Central Bank of Nigeria postpones eNaira launch
Oct 02,2023
The Central Bank of Nigeria has postponed the launch of the country's digital currency- eNaira to pave way for independence day celebrations. According to the Central Bank, the digital currency is expected to save costs of printing physical Naira not...
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Barbados Stock Exchange to begin crypto-trading
Oct 01,2023
The Barbados Stock Exchange (BSE) will join the blockchain revolution by opening up a market for crypto-assets soon, BSE Managing Director Marlon Yarde has revealed.The stock exchange is anticipating regulatory approval for the trade in securitized d...
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Hong Kong acts against unregulated cryptocurrency trading platforms
Sep 26,2023
The Securities and Futures Commission (SFC) in Hong Kong is stepping up efforts to combat unregulated cryptocurrency trading platforms in the region. The SFC plans to enhance transparency by publishing a comprehensive list of licensed, deemed license...
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French data protection authority issues a guideline on blockchain and GDPR
Sep 26,2023
Commission Nationale de l'informatique et des Libert
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China's central bank considers all digital currencies illegal
Sep 24,2023
China's central bank, the People's Bank of China has stated that any digital currency, such as services offering trading, order matching, token issuance, and derivatives for virtual currencies will be strictly prohibited. Further, any overseas crypto...
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China declares all cryptocurrency transactions illegal
Sep 24,2023
The People's Bank of China has issued a blanket ban on cryptocurrency transactions, including mining and services of foreign exchanges to users in the country.  'Virtual currency-related business activities are illegal financial activities,' the...
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Critical vulnerability in the main bitcoin software
Sep 19,2023
On 19 September, Bitcoin Core team informed the public about the critical vulnerability in their main bitcoin software. Users who were using the new Bitcoin Core software release, were vulnerable for the critical bug which could exploit the double-sp...
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Malta initiates crypto regulation changes to align with EU's MiCA regulation
Sep 18,2023
Malta's Financial Services Authority (MFSA) has launched a public consultation to gather feedback on proposed changes to its crypto regulations. The objective is to bring the regulations in line with Europe's Markets in Crypto-Assets (MICA) regulatio...
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