• Byline: Hannah Parker The National Assembly of Namibia has joined other African nations in embracing cryptocurrencies and digital assets as it recently approved a bill pivotal to the adoption of crypto. The objective of the approved bill aims to legalise and regulate assets, cryptocurrencies and virtual asset service providers (VASPs) in Namibia, which the lower…

  • Byline: Hannah Parker The Thai Securities and Exchange Commission (SEC) has banned digital asset service providers focused on investor protection. The new rules prohibit crypto firms from offering crypto lending services that provide returns to investors for their deposits. The rules demand that digital asset operators start warning their customers against the risks of crypto…

  • Byline: Hannah Parker Blockchain fintech firm Paxos and an online marketplace MercadoLibre have collaborated to bring Pax Dollar (USDP) stablecoin to Mexico users. The move allows for seamless transactions facilitated by MercadoPago, the digital wallet application provided by Mercado Libre.  On June 28 2023, in a press release, Paxos announced that USDP would be available…

  • Byline: Hannah Parker According to a Treasury official, the Australian Treasury is taking a tech-agnostic and principles-based approach to defining crypto assets through its digital asset token mapping. This framework plans to easily classify tokens based on their purpose and function, providing a structured way to regulate them. On June 26 2023, at the Australian…

  • Byline: Hannah Parker Tether, a stablecoin issuer, has signed a memorandum of understanding (MoU) with the government of Georgia to develop Bitcoin (BTC) and peer-to-peer (P2P) infrastructure in the country. This partnership between Tether and the Georgian government will focus on building critical infrastructure for a thriving startup ecosystem in the country. The collaboration intends…

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