Ghana’s Central Bank to Regulate Crypto by September 2025
The Governor of the Bank of Ghana (BOG), Johnson Asiama, announced that the central bank plans to begin regulating cryptocurrency and related platforms by the end of September 2025, pending…
Bitcoin Whale Goes Bigger: Strategy’s Treasury Balloons to 538,200 BTC
Michael Saylor, the visionary behind Strategy (formerly MicroStrategy), has revealed the company’s latest bitcoin coup: a strategic acquisition of 6,556 BTC for $555.8 million. The purchase translates to a crisp…
Kraken Launches FX Perpetual Futures With 20x Leverage on EUR, GBP Pairs
Crypto exchange Kraken has launched FX perpetual futures (FX perps) on its Kraken Pro platform, introducing real-time trading for EUR/USD and GBP/USD pairs with up to 20x leverage. These instruments,…
Trump’s Tariff Policy Threatens Dollar’s Safe Haven Status and Global Currency Dominance, Warns FX Strategist Wizman
Recent data indicates a breakdown in the dollar’s traditional correlation with other markets, as investors seek refuge in currencies like the Swiss franc and Japanese yen, which have recently strengthened.…
Bitpanda Secures MiCAR License From Austria’s FMA, Further Strengthening European Position
Bitpanda has announced that it has become the first major cryptocurrency exchange to secure the Markets in Crypto-Assets Regulation (MiCAR) license from Austria’s Financial Market Authority (FMA). This achievement marks…
Bitcoin Life Insurance Startup Meanwhile Raises $40 Million in Series A Funding
Meanwhile, a crypto-focused life insurance startup that collects payments and pays life insurance policies in bitcoin has raised $40 million in its Series A funding round. Led by Framework Ventures…
Nigerian Oil Marketers Denounce Oil De-Dollarization Policy
Olufemi Adewole, Executive Secretary of DAPPMAN, warns that Nigeria’s Naira-for-crude oil transaction framework could destabilize foreign exchange (FX), deter foreign direct investment (FDI), and worsen economic challenges. He highlights the…
Etoro Files for IPO With Tripled Revenue, 96% From Crypto Trading
Israeli trading platform Etoro has filed a prospectus with the U.S. Securities and Exchange Commission (SEC) for an initial public offering (IPO) in New York, revealing that its revenue tripled…
Tanzanian Shilling’s 8.9% YTD Drop Earns It World’s Worst-Performing Currency Status
The Tanzanian shilling has experienced a significant decline, becoming the world’s worst-performing currency this year, dropping 8.9%. At the time of writing, the currency’s exchange rate against the U.S. dollar…
Turkish Lira Hits Record Low Against the Dollar Amid Arrest of Opposition Leader
The Turkish lira has fallen to a record low against the U.S. dollar, trading at 40.96 before recovering slightly to 38.74, following the surprise arrest of Istanbul Mayor Ekrem Imamoglu.…