General News

BRICS Nations to Develop Blockchain-Based Payment System

The BRICS group, comprising Brazil, Russia, India, China, and South Africa, plans to revolutionize the global financial system by creating a blockchain-based payment system....

Russian Digital Ruble Pilot Progresses Smoothly with Over 25K Transactions

Russia's journey towards digitizing its currency is making significant strides, as confirmed by Elvira Nabiullina, the Governor of the Bank of Russia. The ongoing...

SEC Delays Decision on Ethereum ETFs from BlackRock and Fidelity

The Securities and Exchange Commission (SEC) of the United States has decided to postpone its decision on the proposed spot Ethereum exchange-traded funds (ETFs)...

MicroStrategy to Expand Bitcoin Holdings with $600 Million Sale

MicroStrategy Inc., the leading corporate investor in Bitcoin, has announced its intention to expand its Bitcoin portfolio by offering $600 million in convertible senior...

BlackRock Seeks to Expand SIO Fund with Additional Bitcoin ETF Purchases

BlackRock, the world's largest asset manager, has recently filed with the Securities and Exchange Commission (SEC) to expand its investment in Bitcoin Exchange Traded...

Chinese Syndicates Turn to Crypto, Laundering Billions from Scams

Chinese crime syndicates are increasingly using cryptocurrencies to launder billions of dollars garnered from illicit activities, including drug trafficking and scam operations targeting American...

Tether’s USDT Hits $100 Billion Circulation Milestone

Tether Holdings Ltd.'s USDT token has achieved a significant milestone by briefly surpassing $100 billion in circulation, a first for the world's largest stablecoin....

Taiwan Sets September Deadline for New Digital Currency Regulations

Taiwan is gearing up to introduce a new set of digital currency laws in September 2024, according to a recent announcement by the Financial...

Binance  Summoned by Nigerian Authorities Over Financial Crime 

The Nigerian House of Representatives Committee on Financial Crimes has demanded the presence of Richard Teng, CEO of Binance, amid allegations of terrorism financing...

Nokia’s Vision for 2030: Pioneering the Future of Networks

Embracing Emerging Technologies Nokia is gearing up to significantly bolster its network equipment and services portfolio in response to the anticipated surge in network demand....

Nigeria Denies Rumors of $10 Billion Fine Against Binance

A representative from the Nigerian government, Bayo Onanuga, has recently addressed rumors regarding a supposed $10 billion fine against the cryptocurrency exchange, Binance. Onanuga,...

UK to Empower Law Enforcement with Enhanced Crypto Seizure Capabilities

The United Kingdom is set to grant its law enforcement agencies increased authority to seize cryptocurrency assets linked to criminal activities, including terrorism, starting...