Nigeria launched on Monday a digital currency (eNaira), the central bank said, months after it barred banks and financial institutions from dealing in or facilitating transactions in cryptocurrencies. Nigeria joins 14 other countries now in the pilot stages with their own central bank digital currencies (CBDCs), including China, South Korea, and Sweden, with a total…
Walmart, the world’s largest company by revenue, enables customers to buy Bitcoin at dozens of its U.S. stores. The retail giant is offering Bitcoin through 200 of its Coinstar ATMs in partnership with crypto firm Coinme. This service can be extended if Bitcoin value and consumption continue to rise. Coinstar has more than 20,000 ATMs…
The US Treasury Department is reportedly allowing the US Securities & Exchange Commission (SEC) to take the lead in regulating stablecoins, including Tether and USD Coin. A highly anticipated report expected to be published later this week will state that the SEC will have significant authority over stablecoins. A few people familiar with the matter…
Shiba Inu is gradually taking center stage among other memecoins. SHIB was up 50% in the 24 hours on Sunday and reached a record earlier in the day, becoming the 11th-biggest cryptocurrency by market value. The speculations, media, and buzz surrounding crypto is adding to its surge. Shiba Inu (SHIB), the self-proclaimed Dogecoin killer, tapped…
Metahero announced at the 4th edition of the Future Blockchain Summit at Dubai World Trade Centre (DWTC) the global launch of its v3 Metascanner, a cutting-edge technology cited as the world’s most advanced 3D scanner. The technology opens the potential gateway to the metaverse, an expansive network of persistent, real-time rendered 3D worlds and simulations….
Dubai World Trade Centre Free Zone and CNMENA Holding BVI, the parent company of CoinMENA, have signed a memorandum of understanding to develop a crypto asset and blockchain hub at Dubai World Trade Centre (DWTC). The MoU was signed during Day 1 of the Future Blockchain Summit at GITEX Global 2021. The two bodies intend…