by abhinav agarwal | Oct 28, 2021 | Uncategorized
The Nigerian president, Muhammadu Buhari, suggested in a recent speech that the new e-naira central bank digital currency (CBDC) could lead to an increase in the value of his country’s GDP by $29 billion in ten years. Africa’s First CBDC President Buhari...
by abhinav agarwal | Oct 28, 2021 | Uncategorized
ARK Invest, the investment firm led by Cathie Wood, moved to purchase a total of 2,240,680 shares of Robinhood on Wednesday, worth as much as $79.4 million. Data disclosed by ARK Invest shows that the purchase was spread out across the firm’s three actively managed...
by abhinav agarwal | Oct 28, 2021 | Uncategorized
Global anti-money laundering (AML) agency the Financial Action Task Force (FATF) has released its updated guidance for firms that handle cryptocurrency and virtual assets.It appears designed to corral much of the nascent industry into the existing regulatory framework...
by abhinav agarwal | Oct 28, 2021 | Uncategorized
The U.S. Securities and Exchange Commission (SEC) will not approve the listing of leveraged bitcoin exchange-traded funds (ETF).The SEC instructed at least one prospective ETF provider not to proceed with their plans for a leveraged funds, the Wall Street Journal...
by abhinav agarwal | Oct 28, 2021 | Uncategorized
A Thai department store chain is trialing its own cryptocurrency for use by employees with a view to offering it to customers in the future.Central Retail Corp., Thailand’s biggest shopping center developer, is distributing its blockchain-based “C-Coin” to 80,000...