Nigerian Regulator Warns Against Crypto Transactions Since They’re ‘Not Insured’

Nigerians have been warned by the Nigeria Deposit Insurance Corporation (NDIC) against the use of cryptocurrencies because the Central Bank of Nigeria (CBN) does not recognize them as legitimate currency, local news outlet Business Post Nigeria reported yesterday, March 23. Business Post Nigeria notes that this is not the first warning against cryptocurrencies, as “various …

IT Ministry To Create Committee For Blockchain Standards, Domestic And International

The Chinese Ministry of Industry and Information Technology (CMIIT) has published a list of objectives to encourage the development and standardization of the technology sector, including Blockchain, according to a document released March 23. The document begins with an objective to “promote the establishment of […] the National Blockchain Distributed Accounting Technology Standardization Committee” and …

USPS Files Patent To Use Blockchain Tech In User Ident… | News

The United States Postal Service (USPS) had filed a patent last September for a system with public and private keys and a “block chain [sic] component” for authenticating user information, according to a patent filing released yesterday, March 22, by the the US Patent and Trademark Office. The patent, titled “Methods and Systems for a …

WSJ: SEC To Examine Up To 100 Crypto-Related Hedge Fun… | News

The US Securities and Exchange Commission (SEC) is preparing to examine up to 100 hedge funds that deal with cryptocurrencies, a person familiar with the matter told WSJ March 22. The initiative is separate from the dozens of cryptocurrency probes, which mainly target companies the SEC suspects of running afoul of securities laws via Initial …

South Korea Wants to Set a Desirable Cryptocurrency an… | News

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Major European Fintech Investor And Block.one Announce… | News

The German fintech incubator FinLab AG and Block.one, developer of the Blockchain software platform EOS.IO, announced a $100 mln joint venture to develop projects that use EOS’ software, Cointelegraph auf Deutsch reported today, March 21. The FinLab-run fund aims to further distribute the EOS.IO platform, run by Cayman islands-registered Block.one. The company has promised $1 …

Bitcoin, Ethereum, Bitcoin Cash, Ripple, Stellar, Lite… | News

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. The G20 considers cryptocurrencies risky, said the head …

A Blockchain Sexual Revolution: Crypto In the Adult En… | News

Blockchain technology promises to revolutionize a number of industries and it has made its way into the most obscure sectors of society. The old saying ‘sex sells’ rings true in this day and age and the industry is truly massive, catering to a voracious appetite for services like dating websites, pornography, strippers and other sexual …