With the rising popularity of cryptos such as Bitcoin and Ether, central banks worldwide realized that they need to come up with an alternative or get left behind. More than 80 central banks are already in various stages...

Brazilian authorities recently seized R$172 million (usd$33 million) as part of an ongoing money-laundering investigations. The laundering was reportedly carried out through crypto exchange and involved Bitcoin, the worlds...

While it might have banned crypto transactions earlier this year, Nigeria is moving ahead with its central bank digital currency project. The Central Bank of Nigeria (CBN) revealed plans of launching its CBDC pilot scheme...

Beijing wants the U.S. senators who raised concerns over digital yuans use by U.S. athletes in next years Winter Olympics to stop making trouble. Three senators recently sent a letter to Olympic officials urging them to...

China appears to be ahead of the pack in the central bank digital currency race. The Peoples Bank of China, the countrys central bank, has already tested its CBDC pilot also known as the digital yuan in a variety of...

Three United States senators recently expressed concerns over the possibility of American athletes using Chinas central bank digital currency also known as the digital yuan. The lawmakers sent a letter urging Olympic...

The Enforcement Directorate (ED) has issued a notice to crypto exchange WazirX demanding an explanation on why withdrawals from its crypto wallets should not be considered violations of the Foreign Exchange Management Act...

Regulatory certainty will soon be coming to Turkeys crypto industry. The countrys Ministry of Treasury and Finance recently announced the completion of a draft bill that will establish the legal framework for crypto...

Malaysia is literally crushing illegal crypto mining activities in the country. Authorities hired a steamroller to destroy more than a thousand Bitcoin (BTC) miners worth over a million dollars. Malaysian authorities...

Crypto exchange Binance is no longer offering stock tokens or crypto assets tied to the value of the shares of certain companies such as Apple, Coinbase, and Tesla. The move came as the company faces increasing scrutiny...