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Nigerian minister of state for budget and national planning Prince Clem Agba calls for fair crypto regulation to welcome further opportunities offered by digital assets despite the government’s strict approach to virtual currencies.  ‘The uncertainty in regulating cryptocurrencies risks denying government and citizens the chance to maximise opportunities from the technology’, Agba expressed according to […]

Switzerland’s biggest online bank Swissquote plans to launch its own trading platform for digital currencies early next year to meet the surging demand for crypto.  In an interview with Finews.asia publication, Swissquote chief sales and marketing officer Jan De Schepper stated that the company wants to become the top provider of cryptocurrencies in Switzerland. ‘We

Omicron cryptocurrency (OMIC) gained traction and increased tenfold after the World Health Organization (WHO) named the new COVID-19 variant of interest Omicron on November 26. Over the course of two days after the WHO announcement, the digital currency of the same name shot up from a price of $77.09 to $711.09. After reaching its peak

According to an official bulletin posted on November 23, a new crypto regulation bill titled ‘The Cryptocurrency and Regulation of Official Digital Currency Bill’ purporting to ban private cryptocurrencies and create an official digital currency has been introduced in the Lok Sabha, the Indian Parliament’s common house. The Cabinet’s discussion has been ongoing in the

In an interview with Bloomberg on November 30, Mexico-based crypto trading company Bitso announced plans to reduce remittance fees for money transfers across the US-Mexico border by partnering with money transfer companies. This will occur with remittance companies collecting dollars from the US and converting it to crypto using Bitso’s API, which will then be

The Tourism Authority of Thailand (TAT) is planning to launch their own cryptocurrency called TAT coin, according to a report by the Indian Express on November 27. The launching of this coin is part of the initiative to attract wealthy crypto investors to the ‘cryptourism’ campaign that aims to give Thailand’s tourism a boost and

On November 26, El Salvador President Nayib Bukele tweeted that El Salvador bought the dip and acquired 100 more Bitcoins with a discount on the Friday sell-off during the country’s Black Friday celebration. Meanwhile, the crypto market dipped billions of dollars on the same day with the advisory of the World Health Organization (WHO) classifying

Some areas in Kazakhstan are suffering from major electricity shortages due to a surge in crypto mining activities. The sudden power shortages came after a large number of crypto miners from China flocked to Kazakhstan due to the crackdown on crypto in China.       According to the report by the Financial Times, the demand for electricity

The local government of the City of Williston in North Dakota announced the installation of a ‘government-hosted cryptocurrency kiosk’ in the Williston Basin International Airport (XWA) through their official website last November 17. This allows all locals, both ticketed passengers and non-travellers, to immediately buy and sell over 40 different digital coins such as Bitcoin

Through an Instagram post last November 20, Venezuelan gubernatorial candidate Jośe Alejandro Terán announced his plans to offer scholarships to those who are interested in joining the Technical Training Center for Mining and Administration of Digital Crypto Assets. The previously said proposal is part of his efforts for the La Guaira Digital program which aims