Bitcoin’s Role in Cross-Border Payments: IMF

According to new research by the International Monetary Fund (IMF), Bitcoin is revolutionizing the way payments are transferred globally. This study, derived from extensive data, highlights Bitcoin’s promise for regions with rigid banking rules or restricted access to financial institutions. A study distinguishes between two kinds of Bitcoin transactions: on-chain and off-chain. On the one … Read more

Binance Negotiates Exec. Release Amid Tax Evasion Charges In Nigeria

Tigran Gambaryan, the Head of Binance‘s financial crime compliance unit, remains in detention at Kuje Correctional Centre after his February arrest. The Nigerian authorities are currently in discussions with Binance to facilitate his release. Gambaryan is under investigation by the Economic and Financial Crimes Commission (EFCC) for allegedly assisting with money laundering activities. The Federal … Read more

Doge DAO Owns the Doge Image!

The “Own The Doge” DAO (decentralized autonomous organization) recently declared that they have obtained the copyright for the Shiba Inu image used in the famous Doge meme and the logo of the Dogecoin cryptocurrency. In 2010, Kabosu, a Shiba Inu dog whose name was posted online by owner Sato Atsuko, gained widespread internet fame after … Read more

Bitcoin’s Impact on Cross-Border Flows

According to new research from the International Monetary Fund (IMF), Bitcoin is revolutionizing the way payments are transferred globally. This study, based on extensive data, highlights Bitcoin’s potential in isolated regions where banking systems feature strict regulations or are otherwise limited in scope. The study differentiates between two types of Bitcoin transactions: on-chain and off-chain. … Read more