Auto Added by WPeMatico

Sunacrip and Venezuelan Intelligence Police Issue Warning on Cryptocurrency Scams

Sunacrip, the Venezuelan cryptocurrency watchdog, and the Intelligence Police (CICPC) issued a warning for the general population about cryptocurrency scams. The institutions gave a series of recommendations to avoid being…

Continue ReadingSunacrip and Venezuelan Intelligence Police Issue Warning on Cryptocurrency Scams

Central Bank of Nigeria Selects Barbados-Based Fintech Firm as Technical Partner for CBDC Project

The Central Bank of Nigeria (CBN) has named the fintech firm Bitt Inc. as a technical partner for its digital currency project, the e-naira. As a technical partner, Bitt is…

Continue ReadingCentral Bank of Nigeria Selects Barbados-Based Fintech Firm as Technical Partner for CBDC Project

Annual US Dollar Remittances to Nigeria Surge to $34 Billion but Forex Woes Persist

According to a report, the value of annual dollar remittances by Nigerians working abroad has surged to $34 billion, a figure that easily surpasses the previous record-high of $25 billion.…

Continue ReadingAnnual US Dollar Remittances to Nigeria Surge to $34 Billion but Forex Woes Persist

South African Central Bank Governor Reiterates: ‘Crypto Is Not Currency’

The governor of the South African Reserve Bank (SARB), Lesetja Kganyago, has reiterated the central bank’s longstanding belief that cryptocurrencies like bitcoin are not currencies. According to Kganyago, crypto-assets, as…

Continue ReadingSouth African Central Bank Governor Reiterates: ‘Crypto Is Not Currency’

Brazilian Federal Police Launch Nationwide Operation Against Crypto-Related Money Laundering

The Brazilian Federal Police launched Operation Compliance, a probe against cryptocurrency-related money laundering crimes last week. The probe resulted in the execution of several seizure warrants across the country, involving…

Continue ReadingBrazilian Federal Police Launch Nationwide Operation Against Crypto-Related Money Laundering

President of Argentina Open to Adopting Cryptocurrencies as Legal Tender

Alberto Fernandez, the president of Argentina, stated he is open to the adoption of cryptocurrencies as legal tender in an interview this week. Fernandez said there is a big discussion…

Continue ReadingPresident of Argentina Open to Adopting Cryptocurrencies as Legal Tender

Global Charity Organization Launches Crypto-Based Vouchers for Vulnerable Groups in Kenya, Ecuador

The global charity organization, CARE, has created crypto-based vouchers that will be distributed to women and select groups in Africa and Latin America. According to CARE, these vouchers will be…

Continue ReadingGlobal Charity Organization Launches Crypto-Based Vouchers for Vulnerable Groups in Kenya, Ecuador

Kidnappers Kill Venezuelan Citizen for Not Paying Ransom Requested in Bitcoin

A Venezuelan merchant was kidnapped and killed after his family failed to gather a ransom that kidnappers explicitly asked to be paid in bitcoin. The perpetrators asked for a sum…

Continue ReadingKidnappers Kill Venezuelan Citizen for Not Paying Ransom Requested in Bitcoin