Yellow Card has announced the resumption of naira deposits and withdrawals in Nigeria via a statement from the cryptocurrency exchange platform. The move by the company comes almost a year after a central bank directive forced Yellow Card to suspend deposits and withdrawals. CBN’s Growing Interest in Digital Currencies Almost a year after suspending services following a central bank directive,…
Intro If you could inspire one group of people to embrace Bitcoin, which would it be? A whole country? Bond traders? Family office managers? While any of these groups would have a major impact if, say, 5% of its population invested a portion of the assets under their control into bitcoin, there’s an even more important group to inspire: Women.…
Thailand is fast-tracking its crypto tax plans as it readies regulations for digital asset traders this month in an effort to provide further clarity on crypto-related activities. The Thai revenue department’s director-general has stated that clear criteria for calculating taxes on crypto trading profits will be finalized this month. The statement comes less than a week after the Southeast Asian…
The Associated Press (AP) is launching a nonfungible token (NFT) marketplace where collectors will be able to purchase tokenized photographs from the global news platform. The initial collection of NFTs will include photographs of subjects like space, climate, and war from AP photojournalists. They will be released over several weeks starting on Jan. 31 for varying prices, according to the…
U.K. lawmakers have formed the Crypto and Digital Assets Group to ensure that new rules for the crypto industry support innovation. “We are at a crucial time for the sector as global policymakers are also now reviewing their approach to crypto and how it should be regulated,” said the British parliament member who will chair the group. British Lawmakers Form…
The world’s leading NFT marketplace OpenSea is poised to break its own record for monthly sales on Ethereum as daily volumes are surging. OpenSea’s $2.1 billion in trading volume of nonfungible tokens (NFT) through Jan. 10 is more than half the total trading volume for the entirety of August 2021, the highest month on record. Volume reached nearly $3.5 billion…
This is a journal of my experience with Lightning that will be useful to any newcomers to Bitcoin or Lightning. As a disclaimer, there are many more ways to do things than I have shown here. There are a range of products and solutions for getting started, some more complicated than others. While there are certain standards and best practices…
Estonian Finance Minister Keit Pentus-Rosimannus has offered to share her country’s experience in regulating cryptocurrencies with the U.S. in a discussion with Treasury Secretary Janet Yellen. Estonia Offers to Share Crypto Experience With the US U.S. Treasury Secretary Janet Yellen and Estonian Finance Minister Keit Pentus-Rosimannus reportedly discussed cryptocurrency regulation during a video call Friday. Among the topics discussed by…
On Monday afternoon, Andre Iguodala, three-time NBA champion and the professional basketball player for the Golden State Warriors, announced via Twitter that he would be taking a portion of his estimated $2.647 million annual salary in Bitcoin (BTC). In addition, Iguodala added that he will give out $1 million worth in BTC to fans to increase the digital currency’s adoption.…
NBA players Klay Thompson and Andre Iguodala will take a portion of their next salary in bitcoin and donate $1 million in BTC each to fans, the Golden State Warriors guard and guard-forward announced on Monday. “I’m with bitcoin because I believe it’s the future of money,” Thompson said in an announcement tweet on Jan. 10. Thompson and Iguodala have…
