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According to local sources, the operators of the Bureau de Change (BDC) in Abuja have indicated that they would be shutting down operations owing to the shortage of dollars.Analyst and legal representative from Nigerian Web3, Kue…

Members of Congress criticized the SEC and its chair, Gary Gensler, for taking strong regulatory measures against the banking industry's holding of cryptocurrency assets.Lawmakers have sought to soften the unfavorable norms established…

Bitcoin mining businesses' energy use is being studied by the United States Energy Information Administration (EIA).Like a GPU slicing through blockchain computations, the crypto mining drama in the US is heating up. The United…

Using the mBridge network, the United Arab Emirates and China sent $13.6 million (50 million dirhams) in Renminbi, the first ever cross-border transaction of its kind.It was the first ever cross-border central bank digital currency…

Users are being asked to settle their holdings by February 7 and remove cash by February 14, as the suspension of Open Exchange (OPNX), previously known as Coinflex, is announced.In spite of making an attempt to comply with…

A committee from the House of Lords has written a report in which it urges lawmakers to focus on more pressing issues rather than the inflated worries that artificial intelligence poses a danger to human survival.The British…

Following Sunday's election, the El Salvadorian government will go back to work on plans to build a Bitcoin City that is free of taxes and to issue Bitcoin bonds.After Sunday's election, El Salvador will get serious about Bitcoin…

A $750 million hybrid capital note is being issued by the African Development Bank, which is a first in the world of multilateral banking.A first for multilateral development banks, the $750 million permanent hybrid capital note was…

Increased cash reserves and profitability were highlighted in Tether's Q4 2023 report, which boasted the greatest cash percentage to yet.Tether, a stablecoin, announced in its quarterly report for 2023 several notable accomplishments,…

The CFO of Lugano thinks that Bitcoin, CBDCs, and stablecoins may all live side by side since they all have distinct uses for people.A local financial authority in Lugano, Switzerland, has said that it is "quite possible" for Bitcoin,…