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The rise came immediately after Bolivia’s central bank lifted a 42-month ban on cryptocurrency payments, allowing financial entities to conduct transactions with digital assets. Go to Source
Saudi Arabia has emerged as the fastest-growing crypto economy in the Middle East and North Africa (MENA) region for the second consecutive year. Unlike other MENA countries, Saudi Arabia’s and Qatar’s crypto activity primarily stems from decentralized finance platforms. The majority of MENA’s crypto activity is driven by institutional and professional investors. Saudi Arabia’s Youth … Read more
The Nigerian government has filed criminal charges against four individuals and several firms for allegedly conducting illegal crypto transactions, including USDT to naira conversions, without a banking license. The four are Ejiogu A. Chinedu, Nnamdi F. Okereke, Oty Ugochukwu Stanley, and Chukwuebuka F. Ogumba. The defendants are accused of violating the Banks and Other Financial … Read more
We need to “divorce Ethereum from Ether” to onboard the six billion Web2 users, Wood told Cointelegraph during an exclusive. Go to Source
The new top-level domain “.farms” will play a role in Farmsent’s blockchain-based marketplace dedicated to farmers. Go to Source
Lookonchain wrote that the whale bought 1 million tokens during the Ethereum initial coin offering. Go to Source
Wirex and Visa have partnered to launch Wirex Pay, aiming to bring seamless crypto payments to millions of merchants worldwide, enhancing accessibility and convenience. “This partnership is set to revolutionize the way we use digital assets,” said Wirex Pay, emphasizing that Wirex and Visa are teaming up to “drive innovation in web3 payments.” Wirex and … Read more
Crypto analytics firm Chainalysis has previewed an in-depth report on money laundering within the crypto space, providing insights into tracing illicit funds and advanced identification techniques. The firm discovered that since 2019, nearly $100 billion has been transferred from known illicit wallets to conversion services. The report underscores the need for broad expertise among law … Read more
Moonpay has announced a new partnership with Mesh, aimed at simplifying the process of depositing and transferring crypto assets from centralized exchanges. This collaboration seeks to enhance liquidity and accessibility for users across the crypto industry. Moonpay and Mesh Partner to Expand Crypto Payment Options Moonpay, a leading provider of fiat-to-crypto services, has teamed up … Read more
South Korea’s Financial Supervisory Service (FSS) will introduce a continuous monitoring system on July 19 to track suspicious cryptocurrency transactions. Developed with local digital asset exchanges, this system aligns with the country’s Virtual Asset User Protection Act, which aims to regulate trade practices and protect investors. Major Korean crypto exchanges, including Upbit, Bithumb, Coinone, Korbit, … Read more
