The IMF report finds that Kenya lacks crypto-specific regulations, as existing frameworks under the CMA Act and CBK Act provide limited applicability, which led to market uncertainty and regulatory gaps.…
Recent data reveals that large investors, or whales, have been steadily accumulating XRP over the past two months. Analytics firm Santiment reported that addresses holding between 1 million and 10…
XRP’s recent performance against BTC has turned heads, with the XRPL Ledger native token nearing a breakout above a four-year resistance level established in May 2021. This age-long resistance is…
XRP has captured the attention of the crypto community amidst the broader crypto market dump, with its open interest in derivatives reaching unprecedented levels. The heightened interest signals growing optimism…
VTAP is a business-to-business (B2B) product aimed at enabling financial institutions to bring fiat currencies onto blockchain networks. It offers a seamless way for banks to experiment with fiat-backed tokens,…
One of the most egregious triggers for account restrictions is the failure to meet KYC requirements, particularly the “proof of funds” provision. While KYC is a critical component of anti-money laundering (AML)…
However, alongside its success, decentralized finance (DeFi) has seen a dramatic surge in rug pull scams, revealing the dark side of innovation and opportunity. These incidents have evolved, becoming increasingly…
Though uncertainty surrounds the demand for innovations mentioned above, including Bitcoin-based memecoins and “culturecoins”, BTC price recorded exponential growth in 2024 to surpass $100K. What are the expectations for the…
Citing bitcoin’s volatility, the DoJ successfully argued for a swift sale of the stash to prevent potential value fluctuations. This motion was granted on December 30, setting the stage for…
The Federal Reserve Board announced Barr’s resignation on 6 January, but will continue to serve as Board Governor. The Fed’s announcement mentioned that Barr submitted his resignation letter to President…