Namibia’s Landmark Crypto Assets Bill Gets Signed As Law
Russia Takes a Step Forward with Digital Ruble as Putin Signs CBDC Bill into Law
Key Takeaways In a significant move towards modernizing its financial landscape, Russian President Vladimir Putin has signed the digital ruble bill into law. The enactment grants legal authority to the country’s central bank, the Bank of Russia, to issue its…
Binance and CEO CZ Plan to Dismiss CFTC Lawsuit Amid Mounting Regulatory Pressure
US Congressman Calls for Swift Ban on CBDCs, Compares Them To Death Stars
Nigerian Social Payments App Bundle Terminates Crypto Exchange
Terraform Labs Seeks FTX Wallet to Defend Against SEC Fraud Charges
FTX Files Lawsuit Against SBF And Former Executives Seeking $1 Bln In Recovery
Key Takeaways In the latest development in the FTX bankruptcy saga, the exchange had filed a lawsuit against its own founder, Sam Bankman-Fried (SBF), and several former executives, seeking to recover over $1 billion in allegedly misappropriated funds before FTX’s…
Kuwait Implements Ban on Crypto and Virtual Assets
Key Takeaways Kuwait’s financial landscape underwent a significant transformation on July 18, 2023, as the Capital Markets Authority (CMA), the main financial regulator in the country, issued a circular addressing the supervision and issuance of virtual assets. The circular confirmed…
Coinfund Raises Over $150 Mln for Web3 startups Amid a Dry Funding Spell
Key Takeaways Coinfund, a leading venture capital firm in the cryptocurrency and blockchain industry, has successfully raised $152 million for its fourth seed fund, according to a Bloomberg report on July 18. The achievement surpassed Coinfund’s initial target of $125…