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…

Mnuchin fine with Libra launch if Financial Rules are Followed

U.S secretary of state Steve Mnuchin has said that he has no issues with the Libra launch as long as financial rules are followed. This comes as a bit of a surprise since the Libra project has faced the most…

Softbank Launches Card that Integrates a Blockchain Wallet

Japan’s telecom carrier Softbank has just launched its SBC Wallet Card (Softbank Card 3.0) which will integrate a Blockchain wallet. The bank card will have the basic features that such cards have as well as other additional functions. Card owners…

Korea Lines up Crypto Anti-Money Laundering Law

The South Korean national assembly is lining up a bill that will provide a legal basis for crypto-currencies in the country. The bill, which has already passed the national assembly’s national policy committee, is only awaiting ratification from the judiciary…

German Bank Boosts Bitcoin with Negative Interest Rates Move

Germany’s first bank is demanding that savers pay it to hold their money. The bank is demanding payment to hold custody of their money even if it means one euro per account. According to multiple local press outlets, including the…