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Article by Steve Kaaru

UAE to license digital currency firms as local market skyrockets by 1,500%
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20 February, 2022

UAE to license digital currency firms as local market skyrockets by 1,500%

According to sources from within the government, a licensing regime for VASPs will be ready by the end of the...
Russia finance chief: Banning Bitcoin is like banning the Internet
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20 February, 2022

Russia finance chief: Banning Bitcoin is like banning the Internet

According to the Finance Minister Anton Siluanov, Russians are best served by a well-regulated digital currency industry not by a...
NYSE patent filings show bourse’s plans to become digital currency, NFT marketplace
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19 February, 2022

NYSE patent filings show bourse’s plans to become digital currency, NFT marketplace

The New York Stock Exchange has filed a number of patents that would allow it to expand into digital assets...
South Korea regulator to enhance supervision over digital currencies, NFTs, metaverse
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19 February, 2022

South Korea regulator to enhance supervision over digital currencies, NFTs, metaverse

The Financial Supervisory Service will become more stringent with the digital assets sector as it booms in South Korea, including...
Russia shuts down 3 dark web sites with reported $263M in digital currency proceeds
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18 February, 2022

Russia shuts down 3 dark web sites with reported $263M in digital currency proceeds

Russian authorities have clamped down yet another batch of dark web sites, this time targeting online marketplaces for stolen credit...
Philippines unlikely to issue CBDC in the near future: report
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18 February, 2022

Philippines unlikely to issue CBDC in the near future: report

The Philippines will not be one of the rising numbers of countries that intend to issue a central bank digital...
Kenya explores CBDC, calls for public feedback
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18 February, 2022

Kenya explores CBDC, calls for public feedback

The Central Bank of Kenya published a discussion paper on central bank digital currency, noting that a CBDC-powered cross-border remittance...
Bitfinex hack: One-half of NYC couple accused in $4.5B laundering case released on bail
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17 February, 2022

Bitfinex hack: One-half of NYC couple accused in $4.5B laundering case released on bail

Judge Beryl Howell has revoked the bond which had been granted to Ilya Lichtenstein, agreeing with prosecutors that he was...
McDonald’s wants to join metaverse via virtual restaurant selling Big Macs and NFTs
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17 February, 2022

McDonald’s wants to join metaverse via virtual restaurant selling Big Macs and NFTs

The fast food giant has applied for ten metaverse patents, focused on a virtual restaurant that will feature virtual and...
Philippine exchange PDAX raises $50M in a Tiger Global-led Series B
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17 February, 2022

Philippine exchange PDAX raises $50M in a Tiger Global-led Series B

Philippine Digital Asset Exchange, more popularly known as PDAX, will channel the funds towards making its infrastructure more accessible, safe...
British taxman seizes 3 NFTs for the first time in tax fraud probe
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16 February, 2022

British taxman seizes 3 NFTs for the first time in tax fraud probe

Her Majesty’s Revenue and Customs (HRMC) also seized $6,700 worth of digital assets and arrested three people alleged to have...
Tennessee lawmaker proposes bill allowing state to invest in digital assets
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16 February, 2022

Tennessee lawmaker proposes bill allowing state to invest in digital assets

Jason Powell wants the state to allow politicians to accept digital assets for campaign funds and to formulate and implement...

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