Auto Added by WPeMatico

South Korean Government Calls for Voluntary Regulations From Crypto Industry

The executive power and the ruling party in South Korea have urged the cryptocurrency industry for what officials describe as voluntary regulatory measures, a Korean media report revealed. The call…

Continue ReadingSouth Korean Government Calls for Voluntary Regulations From Crypto Industry

Bitcoin Fraud-Accused South African Radio Presenter Threatens Legal Action

Following accusations that he defrauded investors in his bitcoin investment scheme, the South African radio presenter Sebasa Mogale has said he will take legal action against individuals that have reported…

Continue ReadingBitcoin Fraud-Accused South African Radio Presenter Threatens Legal Action

Russian Parliament to Review Bill Prohibiting Crypto Payments

Legislation making it illegal to pay with cryptocurrencies has been filed with the State Duma, the lower house of Russia’s parliament. The sponsors of the bill want to task crypto…

Continue ReadingRussian Parliament to Review Bill Prohibiting Crypto Payments

Report: Kenyan and Nigerian Central Bankers Attack Cryptocurrencies but Endorse CBDCs

Cryptocurrencies are very unstable for them to become a widely used method of payment, the Nigerian and Kenyan central bankers have reportedly said. In addition, the bankers claim that cryptocurrencies…

Continue ReadingReport: Kenyan and Nigerian Central Bankers Attack Cryptocurrencies but Endorse CBDCs

Human Rights Advocates Insist Bitcoin ‘Provides Financial Inclusion’ — Refutes Claims in Critics’ Letter to US Congress

Human rights defenders from 20 countries have insisted that bitcoin “provides financial inclusion and empowerment because it is open and permissionless.” Together with stablecoins, the cryptocurrency offers “unparalleled access to…

Continue ReadingHuman Rights Advocates Insist Bitcoin ‘Provides Financial Inclusion’ — Refutes Claims in Critics’ Letter to US Congress

EU Nears Agreement on Crypto Regulations, Report Reveals

Authorities in the EU are moving closer to a deal on a legislative package tailored to comprehensively regulate the crypto market and related activities in Europe. According a media report,…

Continue ReadingEU Nears Agreement on Crypto Regulations, Report Reveals