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Article by Steve Kaaru

Sudan’s central bank warns against digital currencies amid economic collapse
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4 April, 2022

Sudan’s central bank warns against digital currencies amid economic collapse

The Central Bank of Sudan warned that those who deal in Bitcoin face legal risks as it’s not classified as...
WeChat suspends NFT accounts to ‘avoid speculation in digital assets’
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3 April, 2022

WeChat suspends NFT accounts to ‘avoid speculation in digital assets’

In a statement, WeChat said that official verified accounts could display digital collectibles, but secondary sales are banned due to...
Google takes down 13 apps after ESET uncovered ‘trojanized’ digital currency wallets
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3 April, 2022

Google takes down 13 apps after ESET uncovered ‘trojanized’ digital currency wallets

Researchers from ESET say hackers mimicked popular wallets such as Trust Wallet and Coinbase and embedded a code giving backdoor...
Central Bank of Kenya: State-backed digital currency won’t solve all financial challenges
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2 April, 2022

Central Bank of Kenya: State-backed digital currency won’t solve all financial challenges

The CBK governor believes that central banks must address their financial challenges directly before launching a digital currency as it...
6 US regulators crackdown on Voyager Digital over interest-bearing accounts
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1 April, 2022

6 US regulators crackdown on Voyager Digital over interest-bearing accounts

The regulators filed a mix of show cause and cease and desist orders against Voyager, which replied by saying that...
Bank of Japan begins second phase of CBDC testing
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1 April, 2022

Bank of Japan begins second phase of CBDC testing

The BOJ completed the first phase, which started in April last year, in which it focused on the basic functions...

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