According to the Reserve Bank of Australia (RBA) head of payments policy Tony Richards, cryptocurrencies are not posing a threat to the central bank operations.The soon to retire central bank official, who admitted owning a crypto wallet since June 2014, doesn’t see cryptocurrencies endangering the Australian dollar.Crypto is no threat to Australia’s monetary sovereignty“I … [Read more...] about Australian official who owns Ethereum says it is no threat to the country’s financial system
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Indian National Congress Accuses Modi-Led BJP of Covering Up Country’s Biggest Bitcoin Scam
“This is a case of intrigue, whitewash, concealment, and deception smack of a deep-rooted conspiracy. It is India’s biggest-ever ‘Bitcoin Scam Cover Up’ under the Karnataka BJP government,” Surjewala said in a press conference. “Instead of conducting a fair investigation, the BJP Government of Karnataka appears to be preoccupied with a cover-up.” Source link … [Read more...] about Indian National Congress Accuses Modi-Led BJP of Covering Up Country’s Biggest Bitcoin Scam
Thailand’s Oldest Bank Acquires Majority Stake in Country’s Largest Crypto Exchange
Bitkub, which is licensed by Thailand’s Securities and Exchange Commission (SEC), has reported trading volume of over $30 billion from January to September 2021, making it comfortably the country’s largest crypto exchange, with a market share of over 90%. Source link … [Read more...] about Thailand’s Oldest Bank Acquires Majority Stake in Country’s Largest Crypto Exchange
Nigerian Twitter Suspension Has Unintended Effects on Country’s Crypto Community
On the surface, it looks like Nigeria’s suspension of Twitter operations on June 4 may have been triggered by the microblogging company’s decision to take down a controversial tweet — from President Mohammed Buhari. However, as some observers have noted, the removal of the tweet may have presented the Nigerian government with the perfect excuse for targeting Twitter CEO, Jack … [Read more...] about Nigerian Twitter Suspension Has Unintended Effects on Country’s Crypto Community