Business

12 digital asset firms get extension as FCA registration deadline closes amid outrage
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4 April, 2022

12 digital asset firms get extension as FCA registration deadline closes amid outrage

Over 100 companies had applied for the temporary registration exemption, but only 12 were granted, even as several companies expressed...
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...
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...
EU committees approve new draft rules to increase monitoring of digital asset transactions
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1 April, 2022

EU committees approve new draft rules to increase monitoring of digital asset transactions

Two EU Parliamentary Committees have approved draft legislation to allow greater traceability and monitoring of blockchain wallet transactions that some...
Bryan Daugherty: A commonsense approach to blockchain legislation
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1 April, 2022

Bryan Daugherty: A commonsense approach to blockchain legislation

Bryan Daugherty recognizes the education gap in the industry and developed what he describes as “a commonsense approach to blockchain...