South Africa is added to the FATF ‘Grey List” despite Crypto being a Financial Product
A setback for South Africa: The Financial Action Task Force, an international financial watchdog, announced that it had added South Africa to its “greylist” on February 24. This could make it more difficult for South Africa’s banks to lend…
Twitter’s ongoing financial difficulties lead to at least 50 layoffs
Key Points: According To a report by The Information Twitter Inc laid off dozens employees in its eighth round job cuts since October 2022. This is the eighth round of job losses since Musk took control of the social…
XRP Lawyer Demands That This Probe Leads To The End Of The US SEC Chair
XRP News: The chair of the U.S. Securities and Exchange Commission, Gary Gensler, has been accused of being biased in his service to several crypto companies and individuals over time. The commission was also blamed for the recent market…
BitMEX founder urges Bitcoin investment amid global crash warning
Key Points: BitMEX founder Arthur Hayes, a crypto veteran, warns of a financial crash and recommends Bitcoin to hedge against inflation. He recommends diversifying with altcoins such as Ethereum, Solana and Cardano, while using leverage sparingly, and keeping cash…
Big Changes in the Future: SWIFT ISO 20022 Upgrade Could Shake up Crypto
SWIFT’s ISO 20022 upgrade will benefit crypto and banks by standardizing financial transactions and improving cross-border payments. It will also reduce money laundering risk. As ExchangeRates states, it will also increase the adoption and growth digital assets. The Society…
Shiba Inu’s BONE Price Rises Suddenly. Here’s Why
Shiba Inu Coin News – Shiba Inu fans have noticed that Shytoshi Kusama has dropped another hint. This could be related to Shibarium’s long-awaited launch. The speculations surrounding the L2 blockchain launch gave Shiba Inu’s BOONE a boost. The…
Boost your profits with BTCEX Transparent Copy Trading Service
Key Points: Copy Trading is a technique in which traders copy trades made by successful traders. Copy trading allows novice traders to benefit from the knowledge of more experienced traders without the need to spend years studying markets or…
Lawmakers to Submit Russia’s Crypto Mining Bill Again, Introduce Liability for ‘Gray’ Miners
One of its sponsors announced that the Russian parliament will resubmit the draft law legalizing cryptocurrency mining. This will delay its adoption. Members of the lower house are also working to create a separate bill that will bring liability…
G20 Members Considering Complete Ban On Crypto, Says RBI Governor
Crypto Regulations: Shaktikanta Das, Governor of Reserve Bank of India (RBI), says that some members of G20 are calling to ban all cryptocurrencies. Indian finance minister Nirmala Sitharaman stated that the G20 members have recognized India’s position regarding crypto…