A top South African retailer has seen a notable rise in sales since starting to allow Bitcoin (BTC) as a payment option. This decision, made to align with the increasing …
AfricaAFRICA NEWSCryptocurrency
Category:
Cryptocurrency
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AfricaAFRICA NEWSCryptocurrency
New Powers to Seize Cryptoassets Used by Criminals Go Live
by Editorby EditorA new law in the UK gives law enforcement the power to confiscate cryptocurrency associated with illegal activities. This significant development is a key component of the government’s efforts to …
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AfricaAFRICA NEWSCryptocurrency
Two brothers face charges in court for stealing $25 million Cryptocurrency
by Editorby EditorThe United States Justice Department announced on Wednesday that it had charged two brothers with stealing $25 million in cryptocurrency in approximately 12 seconds. Anton Peraire-Bueno, 24, from Boston, and …
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AfricaAFRICA NEWSCryptocurrency
Morgan Stanley secures $269 million investment in cryptocurrency
by Editorby EditorMorgan Stanley, the sixth largest banking firm in the United States, recently disclosed its $269 million investment in spot Bitcoin Exchange Traded Funds (ETFs) in a filing, aligning with other …
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AfricaAFRICA NEWSCryptocurrency
Terrorists using unsuspecting cryptocurrency traders – Olukoyede
by Editorby EditorOla Olukoyede, the Chairman of the Economic and Financial Crimes Commission (EFCC), disclosed that terrorists in Nigeria are utilizing young cryptocurrency traders to fund their activities. The programme, titled, “Multi-stakeholders’ …
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AfricaAFRICA NEWSCryptocurrency
Google Sues Scammers Behind Crypto Scam via its Play Store
by Editorby EditorGoogle has taken legal action against two Chinese nationals in the Southern District of New York for allegedly orchestrating a cryptocurrency scam through the Google Play store, resulting in the …
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AfricaAFRICA NEWSCryptocurrency
Detained Binance Employee Not Involved in Decision-Making
by Editorby EditorTigran Gambaryan, the detained Binance employee in Nigeria, is a law enforcement professional without decision-making authority. Gambaryan, part of the Financial Crime Compliance (FCC) team, has responded to over 600 …
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Cryptocurrency
US bitcoin ETFs raise questions over broader financial system risks
by Editorby EditorThe launch of U.S. exchange-traded funds (ETFs) tracking bitcoin deepens ties between the volatile world of cryptocurrencies and the traditional financial system, potentially creating unforeseen new risks, some experts say. …
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AfricaAFRICA NEWSCryptocurrency
World Mobile eyes African rollout after decentralized wireless field tests
by Editorby EditorDecentralized wireless (DeWi) network operator World Mobile said on June 8 it has completed field tests of its DeWi technology in Kenya, Mozambique and Nigeria, bringing it closer to a …
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Africa is home to the second most crypto-currency holders in the world. According to Chainalysis’ 2022 Global Crypto Adoption Index, three African countries are among the top 20 countries using …