Crypto

The new governor of China’s central bank has promised to stop speculation associated with cryptocurrency transactions in the country. Pan Gongsheng made the vow in a report detailing measures to maintain the stability of the Chinese financial market and prevent risks. PBOC Prepares to Crack Down on Cryptocurrency Speculation and Money Laundering The People’s Bank of China (PBOC) must adhere to…

The Africa-focused crypto trading app Vibra has reportedly stopped working in Ghana, Kenya, and Nigeria. Reports that the app is not working in the three countries contradict the co-founder’s claim that only users from Nigeria are affected. Resign or Get Fired An Africa-focused crypto trading app, Vibra, has reportedly been stopped in Ghana, Kenya and Nigeria. Vincent Li, the co-founder of…

In a significant move on Thursday, the U.S. Chamber of Digital Commerce, a leading crypto policymaking advocacy group, filed an amicus brief urging the U.S. Securities and Exchange Commission (SEC) to dismiss its lawsuit against cryptocurrency giant Binance. SEC’s Authority Questioned: Chamber of Digital Commerce Supports Binance Founded in July 2014 by Perianne Boring, the U.S. Chamber of…

U.S. cryptocurrency exchange Coinbase has selected Ireland as the main regulatory hub for its operations across the European Union. The company hopes to obtain a license in Ireland that will allow it to provide services in EU member states under the pan-European Markets in Crypto Assets (MiCA) law. Coinbase Bets on EU Growth Amid Regulatory Uncertainty and Pressure in US America’s leading crypto…