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Uzbekistan’s Islamic Authority Retracts Fatwa Against Cryptocurrency, Issues Apology

Uzbekistan’s highest Islamic authority has retracted a fatwa it issued on June 3 that deemed trading with cryptocurrencies impermissible. This declaration, which stated that cryptocurrency trading violated Sharia law, was…

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‘Stand With Crypto’ Advocacy Alliance Surpasses 1 Million Supporters

The “Stand with Crypto” alliance has achieved a notable milestone, surpassing one million supporters as reported on its official website. This non-profit organization is committed to mobilizing global crypto advocates.…

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Binance Confirms Mastercard and Visa Support for Crypto Purchases but No Binance Credit Card Issued

Cryptocurrency exchange Binance posted on social media platform X Thursday that users can purchase cryptocurrency using Mastercard, Visa, or SEPA for bank transfers. The announcement led to confusion among some…

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Hulk Hogan’s X Posts Vanish After HULK Meme Token’s Sharp Rise and Fall

A new meme token, hulkmania (HULK), has recently entered the dynamic world of meme coins. It appears to have garnered attention from the legendary wrestler Hulk Hogan’s X account, which…

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Court Strikes Down SEC’s Private Fund Regulation, Citing Overreach

The U.S. Securities and Exchange Commission (SEC) has lost another court case. On June 5, the 5th U.S. Circuit Court of Appeals overturned the SEC’s Private Fund Adviser rule, which…

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Turkey Rules out Taxes on Crypto Profits, Considers Limited Transaction Tax

Turkish Treasury and Finance Minister Mehmet Simsek has stated that there are no current plans to impose taxes on profits from cryptocurrencies. However, he mentioned that the government is considering…

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Tether Invests $18.75M in XREX Group to Facilitate Launch of Gold-Backed Stablecoin

Tether, the issuer of the USDT stablecoin and a leading player in the digital asset industry, has made a strategic investment of $18.75M in XREX Group, a fully regulated, blockchain-enabled…

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Tezos Activates 16th Upgrade ‘Paris’: Boosting Throughput and Performance

Tezos, a blockchain known for its onchain governance system, has activated its 16th protocol upgrade, Paris, on mainnet on June 4th, 2024. This upgrade introduces the Data Availability Layer (DAL),…

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Cardano Foundation Forges Government Partnership in Argentina to Boost Blockchain Adoption

The Cardano Foundation has announced an interesting new public partnership in Argentina. The collaboration, which follows a public signing between Rogelio Frigerio, the Governor of Entre Ríos, and Rafael Fraga,…

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Nigeria’s Anti-Graft Agency Announces Reward for Whistleblowers Exposing Local Currency Abusers

The Economic and Financial Crimes Commission (EFCC) in Nigeria has announced a 5% reward for whistleblowers who provide credible information leading to the prosecution of offenders involved in naira abuse.…

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