The process of establishing a national cryptocurrency exchange is now being worked on by legislators in Russia, who are actively writing amendments. It has been alleged that both the Russian Ministry of Finance and the Russian Central Bank are helping this initiative in some capacity. When it comes to the government’s approach to the oversight … Continue reading Russia will build a crypto exchange
According to a report that was published on November 24 by the Bank of International Settlements (BIS), many of the central bankers on the African continent have greater faith in CBDC than mobile money, which has been a strong competitor to central bank digital currency (CBDC) in Africa. Mobile money has been a strong competitor … Continue reading BIS analysis reveals unequal CBDC uptake in Africa
According to a blog post published by a worldwide organization on November 22nd, the International Monetary Fund (IMF) is advocating for more regulation of crypto exchanges in Africa, which is one of the markets with the highest growth rate in the world. The collapse of FTX and the subsequent effect it had on the prices … Continue reading As crypto grows across Africa, IMF asks for greater regulation
After a blogger tweeted that users reported being unable to withdraw funds for over a week, CoinList, a cryptocurrency exchange and Initial Coin Offering (ICO) platform, took to Twitter to address “FUD” This came after the blogger tweeted that the situation had sparked fears that the company was having liquidity issues or was insolvent. A … Continue reading CoinList addresses withdrawal "FUD" with technical delays
Cranfield, England, 27th November, 2022, Chainwire WAHED is delighted to announce the signing of an official partnership with technology provider EnterMed. With over 20 years of experience in Dubai and Italy, EnterMed’s team of experts specializes in value-added integrated services and real-time applications. How the Partnership Between WAHED and EnterMed Will Bring Value A key … Continue reading Wahed Projects announces Strategic Partnership with EnterMed
The United States branch of Mazars served as the corporation of former United States President Donald Trump’s accounting firm for a significant amount of time. In order to carry out the proof-of-reserve (PoR) audits that were prompted by the decline of FTX, the cryptocurrency exchange Binance is collaborating with the accounting firm Mazars. According to … Continue reading Binance employs Trump audit company to check crypto reserves
Cranfield, England, 3rd December, 2022, Chainwire Investment and philanthropy platform WAHED has donated 5 million of its utility token WAHED Coin to Fondazione Europea Alessandro Cenci (FEAC) at a private event in Rome. FEAC is an Italian non-profit organization focused on awareness, education and research to improve the care given to children and adolescents on the autism … Continue reading WAHED Projects Donates 5 Million WAHED Coins to Fund Autism Research and Therapy
As part of the changes, stablecoins will be regulated as a form of payment, and a sandbox will be established so that enterprises and regulators may try out innovative financial innovations. Jeremy Hunt, the Chancellor of the Exchequer for the United Kingdom, has outlined a series of measures that are intended to “drive development and … Continue reading Financial services reforms advance UK crypto ambitions.
Because FTX Japan has not yet delivered assets that were taken into custody to its creditors, the Japanese authorities have decided to extend out the date on which the company would be placed under suspension. The relevant authorities in Japan have granted permission to the Japanese subsidiary of the cryptocurrency exchange FTX, which is no … Continue reading FTX Apparently Has Three More Months To Cease Business In Japan
As part of the changes, stablecoins will be regulated as a form of payment, and a sandbox will be established so that enterprises and regulators may try out innovative financial innovations. Jeremy Hunt, the Chancellor of the Exchequer for the United Kingdom, has outlined a series of measures that are intended to “drive development and … Continue reading Financial Services Reforms Advance UK Crypto Ambitions