Music mogul Akon tweeted yesterday that he had just sealed an agreement to get his AKON CITY ambition off the ground. The “Lonely” and “Locked up” hit maker who was partly responsible for giving the world Lady Gaga revealed his…
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Indian Supreme Court Delays hearing on Crypto Ban
The Indian Supreme Court has decided to delay its full hearing of a high profile case against the reserve bank of India’s (RBI) ban on bank’s dealings with crypto-related businesses. Kashif Raza, who is the founder of Indian crypto regulatory…
Bitcoin is Becoming Popular by the Day in Iran
Bitcoin saw a surge in price from $8,000 to $8,430 after the US initiated a drone strike on Iran top general Qaseem Soleimani on Jan 2. This prompted a response by Iran that saw two US military bases in Iraq…
ECB President, Lagarde, Pushes for Central Bank Digital Currency
The president of the European Central Bank (ECB), Christine Lagarde, has thrown her weight behind the bank’s active involvement in the development of a central bank digital currency (CBDC) to address the demand for faster and cheaper cross-border payments. Speaking…
Qatar Financial Center Prohibits Crypto Businesses
The Qatar Financial Center Regulatory Authority (QFCRA) announced that virtual asset services may not be conducted in or from the Qatar Financial Centre (QFC). The regulator announced the new measure in a tweet that stated that authorized firms would not…
China’s Top Bank says that a Government Backed Digital Currency is Close
The people’s bank of China has said that it is progressing smoothly with its development of a government backed digital currency. The bank issued this statement during a conference in Beijing that was held on Jan 2-3 according to an…
Investors Seek to Exhume Body of Dead Crypto Executive
Back in late January, the wife of a crypto exchange founder testified that her husband had died without giving out a password that can unlock $137 million worth of crypto assets. Outraged investors are having none of it and are…
Ukraine Passes Crypto Anti-Money Laundering Law
The Ukrainian government has approved the final draft of a money laundering law that will handle virtual assets and virtual asset service providers (VASPs) per FATF guidelines. On Dec 6, Ukraine’s lawmaking body, the Rada published a final version of…
Peer to Peer Platform to Offer Redeemable Crypto Airtime in Kenya
Peer to peer crypto platform Zippie is looking to penetrate Kenya’s telecommunication market by offering a reward generation system that allows users to earn airtime minutes. The platform enables users to be rewarded through mobile internet airtime that can be…
Kenyan Blockchain-based Agritech Start-up Raises $250,000 in Funding
Kenyan agritech startup Farmshine, has raised $250,000 (KSH 25.5M) to bring in more staff and further develop the platform. The startup was set up to eliminate middlemen that were killing the value chain in Kenyan agriculture. It works by linking…