Nigerian Central Bank Clarifies Earlier Cryptocurrency Ban
The Central Bank of Nigeria (CBN) has revealed the bank didn’t prevent users from buying and selling cryptocurrencies in the country. The bank said its earlier resolve about cryptocurrency transactions in the country didn’t affect individuals trading the digital assets. It said
Texas Issues Cease-Desist Orders To Three Crypto Platforms
The Texas State Securities Board (TSSB) has clamped down on three unregistered investment and cryptocurrency platforms with cease and desist orders. The orders were issued to FxSmart-Robots, Digitaly Invest and Delta Crypt Limited. According to the order, they are to cease
Coinbase Now $100 Billion Company Approaching Pubic Listing
Coinbase - Buy Bitcoin in U.S. Coinbase Global Inc., the largest cryptocurrency exchange in the U.S. is now valued at a whopping $100 Billion. The exchange is preparing to go public and it plans to list its shares on Nasdaq. But
21Shares Records $1 Billion AUM
21-Shares, a Switzerland-based top crypto ETF has announced a major milestone in its assets under management (AUM) accumulation. According to the firm, it has finally crossed the $1 Billion level when it comes to the value of its assets under
SBF Says Crypto Made Him $10 Billion Richer In 3 Years
Sam Bankman-Fried (SBF), Chief Executive Officer of FTX exchange, stated that his journey into the cryptocurrency industry has made him a lot of money, increasing his worth by $10 Billion within 3 years. SBF, who is also the founder of Alameda
Cuban Says Bitcoin Sure To Win Against Conventional Stocks
Billionaire investor Mark Cuban has joined the growing list of prominent investors that see Bitcoin as a viable investment opportunity. The owner of the National Basketball Association’s Dallas Mavericks recently started associating himself with the top cryptocurrency and has drawn massive
Groups Received Bitcoin Before Capitol Riot
It seems like cryptocurrency finds its way into the realm of U.S. politics again… and not in a positive light. Prior to the U.S. election we reported about a the co-founder of a large cryptocurrency exchange being a major donor
SEC’s Whistleblower Program Awards $1.1 Million
The US Securities and Exchange Commission (SEC) has spent an additional $1.1 million to award 5 Whistleblowers for providing vital information leading to an investigation. Based on a press release, the awardees provided important information for the SEC, leading to multiple
Bitgo Fined For Servicing Sanctioned Users
A recent announcement published by the U.S. Department of the Treasury revealed that the OFAC (Office of Foreign Assets Control) fined crypto platform Bitgo. The fine comes after Bitgo allowed users from sanctioned countries to use its crypto wallet services,
VanEck Returns to SEC With Another Bitcoin ETF Proposal
The U.S. SEC received another application for a Bitcoin ETF from VanEck. This is not VanEck’s first go round with the SEC, as we reported previously, the SEC postponed a decision on an earlier application, which was eventually withdrawn by