A high-ranking representative of the Ministry of Finance in Moscow sees no point in banning crypto mining in Russian households as it would be hard to restrict the activity. The top official also revealed that the department is currently finalizing regulations for the mining sector as part of efforts to legalize Russia’s crypto space. Russia […]
Crypto.com Chosen as an Official FIFA World Cup Sponsor
On Tuesday, the international governing body of association football, FIFA, announced the exchange Crypto.com will be an official sponsor of the FIFA World Cup Qatar 2022 tournament. According to the announcement, the digital currency trading platform will “activate its official sponsorship” during the tournament “in many ways.” FIFA Chooses Digital Asset Exchange Crypto.com as an […]
Nigeria’s CBDC ‘a Safer Option’ Than Privately Issued Cryptocurrencies: Central Bank Official
As part of the Central Bank of Nigeria (CBN)’s digital currency charm offensive, Folashodun Shonubi, the institution’s deputy governor, has claimed that the country’s upcoming central bank digital currency (CBDC) will be a “safer option from privately issued cryptocurrency.” Payment System Stability In addition, the CBN’s digital currency — also known as the e-naira — […]
SM Entertainment Makes Official Statement On WayV Lucas’ Recent Scandal
WayV‘s Lucas had recently been swept up in controversy where various alleged victims had accused him of gaslighting and cheating on them. Regarding the matter, SM Entertainment has released an official statement. They have announced that the release of Lucas’ upcoming single with bandmate Hendery has been halted while Lucas is reflecting on his misdoings. […]