Kenyan Activists Say Cryptocurrencies Have the ‘Potential to Create New Ways for Young People to Earn’

Kenyan Activists Say Cryptocurrencies Have the ‘Potential to Create New Ways for Young People to Earn’

According to some Kenya-based activists, raising funds through cryptocurrency and non-fungible tokens (NFT) sales is not only faster but less costly as well. The activists added that digital currency also has the “potential to create new ways for young people to earn, spend, save and send money.” Traditional Funding Channels Drying Up After the Covid-19…

Ukraine’s New Fiat Restrictions to Boost Popularity of Crypto, Industry Says

Ukraine’s New Fiat Restrictions to Boost Popularity of Crypto, Industry Says

The central bank of Ukraine has adjusted the fixed exchange rate of the national currency in U.S. dollars and introduced stricter limits on hryvnia transactions for citizens. The measures are likely to turn more Ukrainians to cryptocurrencies, according to a representative of the local crypto sector. War-Time Hryvnia Limits Expected to Increase Interest in Cryptocurrency…

SkyBridge Founder Anthony Scaramucci Still Likes Bitcoin ‘Long Term’ Despite His Fund’s Current Difficulties

SkyBridge Founder Anthony Scaramucci Still Likes Bitcoin ‘Long Term’ Despite His Fund’s Current Difficulties

SkyBridge Capital founder Anthony Scaramucci says he’s still a long-term Bitcoin (BTC) believer despite his fund’s recent struggles. In a new interview with CNBC, the hedge fund veteran says he still likes the top crypto asset by market cap in the long term even though SkyBridge is facing a mass exodus of investors. “There’s been an exponential…

Crypto Payments More Popular in LATAM and EMEA Countries (Report)

Crypto Payments More Popular in LATAM and EMEA Countries (Report)

LATAM and EMEA are the regions where most cryptocurrency payments were transacted during the first half of 2022, Deel’s research revealed. According to a study carried out by the global hiring platform Deel, residents of Latin American nations are most likely to say “yes” to receiving salaries in cryptocurrencies. Citizens of the EMEA (Europe, the…

Holding Stablecoins Was More Profitable Than Fiat in 2022: Report

Holding Stablecoins Was More Profitable Than Fiat in 2022: Report

Stablecoins have mostly traded at a slight premium against the U.S. dollar since 2017 – with the exception of Tether.  CryptoQuant – a blockchain analytics firm – has released a report evaluating data around stablecoins and their peg-robustness. It found that holding almost any of the current top stablecoins throughout 2022 was slightly more profitable…

California will allow politicians to receive BTC donations

California will allow politicians to receive BTC donations

California has passed a law that allows state and local political candidates to receive cryptocurrency donations. The new law, which will focus on effect in 60 days and, according to LA Times, was passed after the California Fair Political Practices Commission, a body that regulates campaign finance and government ethics to promote transparency in government, accepted the…

Google Pay To Allow Customers To Buy Crypto On Crypto.com

Google Pay To Allow Customers To Buy Crypto On Crypto.com

Users of Google Pay now have another access point to the cryptocurrency markets thanks to Crypto.com’s integration of its payment options. Crypto.com Adds Google Pay Feature A Google Pay in-app purchase option will soon be available on the cryptocurrency wallet and trading platform Crypto.com App, allowing users to buy cryptocurrency quickly and securely. The crypto…

Coinbase Has Petitioned The SEC on Cryptocurrency Regulation

Coinbase Has Petitioned The SEC on Cryptocurrency Regulation

On July 21st, Coinbase, a cryptocurrency exchange, filed a petition against the Security Exchange Commission (SEC) for digital assets regulations. The exchange has stated that the current regulatory rules don’t operate well with crypto assets. Coinbase Files a Petition against the SEC’s Rules Coinbase has stated that the rules and petition laid by the SEC…