Africa
The Speaker of the Nigerian House of representatives, Femi Gbajiagbamila has called for a clear regulatory framework for cryptocurrencies in the country, as he assents to the increasing acceptability of digital currencies globally. The Speaker made the comments while speaking with the Nigerian Deposit Insurance Corporation (NDIC), where he reiterated
Africa
Venezuela has set another Bitcoin trading volume record, as citizens traded more fiat for BTC (Bolivars for Bitcoin) last week. According to statistics by Coin Dance, which analysed figures from five trading exchanges, BTC trading between July 13 and July 20 hit a milestone in the South American nation. Stats
Africa
Our diligent attention has been drawn to scam posers using the identity of the Binance trading platform. The scammers claim Binance is offering a 5,000 Bitcoin (BTC) giveaway in celebration of its 2nd year anniversary. This report is false; as verifiable from a pinned tweet on the official Twitter
Bitcoin
Bakkt, the much anticipated Bitcoin (BTC) futures platform run by the Intercontinental Exchange (ICE), has officially begun delivery of BTC futures, after its initial testing in June. Announced yesterday in an official tweet, the firm will begin user acceptance testing for bitcoin daily and monthly futures with participants from around
Africa
The Central Bank of Kenya (CBK) has expressed its view of Facebook’s cryptocurrency project; says implementing the Libra comes with risks. According to local news outlet Telecomopaper, the CBK authorities have joined an increasing number of global institutions who have voiced criticism of the Facebook Libra project; which they
Africa
Have you been seeking info on how to invest in Bitcoin? This post will guide you through all you need to know before buying and investing. Here, we outline basic steps on: * How to invest * Why you should invest and take bitcoin seriously * How to buy bitcoin (with credit card
Africa
Bitcoin selling for above $100,000 per BTC in Zimbabwe Multiple reports have emerged from Zimbabwe, hinting that citizens and residents are using Bitcoin (BTC) as a store of value owing to its government’s failing monetary policy. The government of Zimbabwe had in a controversial decision in June, banned
Bitcoin
China’s Court in Hangzhou has ruled that Bitcoin is “virtual property”, as it affirms that ownership of Bitcoin is legal and that holders are protected by the country’s legal system. According to reports by The Beijing News, the ruling was given in a case involving a Bitcoin property
Bitcoin
After a conservative first day at the Facebook Libra hearing, the second sitting with the US Senate Financial Services Committee has generated some very interesting headlines. A number of lawmakers seem to still doubt Facebook’s privacy claims and ability to run a cryptocurrency project devoid of controversies, others laud
Bitcoin
After a moderate show on the first day of the Facebook Libra hearing, we take a look at matters raised and insights to possible outcomes of the sitting. Day 1 involved a session between the Senate Banking Committee and Facebook. The social media giant was duly represented by David Marcus
Bitcoin
The United Kingdom Finance Minister – Philip Hammond has said regulators and not lawmakers should decide how to regulate cryptocurrency, as he spoke with regards to Facebook’s Libra stablecoin. In an interview with CNBC, the minister opined that the Facebook coin is an “issue for regulators to determine, not for
Bitcoin
With Facebook’s cryptocurrency hearing hours away and as reactions to President Trump’s tweet continue to pile up, former Republican congress man and three-time US Presidential Candidate - Ron Paul says “I’m all for cryptocurrencies, I like competing currencies”. Speaking at a recent interview, Ron Paul says he