South African crypto platform “Africrypt” steals 3.6 billion USD
The two South African brothers behind the crypto investment platform “Africrypt” have disappeared along with 3.6 billion USD in bitcoin bought with investors’ funds. Regulators…
Category: World
Thailand bans “meme tokens” and NFTs
Thailand has recently imposed restrictions on cryptocurrency trading. The South-east Asian nation’s Securities and Exchange Commission (SEC) has implemented a ban on various types of…
China censors crypto searches
Social media in China is blocking recent search results, and suspending the accounts of popular crypto-related content creators. If the situation continues, then this appears…
Standard Chartered launches trading platform for cryptocurrencies
Standard Chartered Bank (StanChart) wants to establish an institutional trading platform for cryptocurrencies in the UK and Europe. The new exchange is expected to launch…
Digital Yuan ready for use as of 2022
The People’s Bank of China (PBoC), the Chinese central bank, plans to use their digital yuan during the 2022 Winter Olympics in Beijing. It could…
Federal Reserve Considers Central Bank Digital Currency (CBDC)
The Federal Reserve Bank will publish a report on the potential transition to a Central Bank Digital Currency (CBDC) in the summer of 2021. The…
China Bans Crypto Services
Chinese financial authorities have banned financial institutions and payment companies from offering services related to cryptocurrencies and warned investors against speculative crypto trading. Instead, they…
eBay enables selling of non-fungible tokens (NFTs)
A week ago, eBay announced that payments with cryptocurrencies were under consideration. Now, the operator of one of the largest online marketplaces has decided to…
Tesla Suspends Payments with Bitcoin
A few months ago, US car manufacturer Tesla announced a billion-dollar investment in Bitcoin. Since then, it was also possible to buy electric cars with…
US Banks considering Bitcoin services
According to crypto custodian and Stone Ridge subsidiary NYDIG, hundreds of U.S. banks will soon allow trading and holding of Bitcoin. After a long period…