Global restaurant software provider Lavu announced on May 19, that they’re now in cooperation with Verifone a global FinTech payment solution provider. In essence, this will enable the companies to offer a unique point of sale (POS) solution to their customers. Whatsmore this strategic partnership will kick off with the…

LVMH-owned Swiss luxury brand Tag Heuer announced earlier this week that it will accept a total of twelve major cryptocurrencies plus five stablecoins as payment options on its US website. The globally renowned watchmaker had previously revealed that it would soon allow digital currency payments on all websites. Tag Heuer’s…

Following the collapse of Terra, the cryptocurrency industry has arrived at a pivotal juncture; while uncertainty persists, market players have chosen to take a cautious approach.It appears fear in the market is seemingly brought about by uncertain regulatory methods, escalating rate rises in the United States, and inflation spreading throughout…

The G7 finance ministers and central bank governors have called for a swift and comprehensive regulation of crypto assets. The G7 decision followed the recent crypto market turmoil, including the collapse of cryptocurrencies LUNA and UST.The finance ministers and central bank governors from the Group of Seven (G7) industrialized nations…

Cryptocurrencies can potentially complement mobile money in Africa if regulators on the continent are made to change their perceptions of the digital currencies, the boss of one of Kenya’s biggest lenders has said. According to James Mwangi, CEO of Equity Group Holdings Plc, central banks first need to be convinced…

Two U.S. residents have been charged with running a crypto Ponzi scheme that allegedly defrauded hundreds of investors out of a collective $44 million. Officials with the Commodity Futures Trading Commission (CFTC) allege Sam Ikkurty (also known as Sreenivas I Rao), of Portland, Ore., and Ravishankar Avadhanam of Aurora, Ill…

The Commodity Futures Trading Commission (CFTC) will add resources and increase its efforts to address cryptocurrency-related fraud and manipulation cases, agency Chairman Rostin Behnam said Wednesday, The Wall Street Journal reported. In video remarks at the Chainalysis Links conference, Behnam said that the CFTC was facing a surging number of…

The U.S. now accounts for 37.84% of the global Bitcoin mining hashrate, according to new data published by the Cambridge Centre for Alternative Finance.FoundryUSA also ended up becoming the biggest mining pool in the world. Georgia is the biggest mining hub in the U.S. by a wide margin, accounting for…

Bank of France Governor François Villeroy de Galhau reportedly said that the recent crypto market volatility had been a “wake-up call” for global regulators.Central bank governors and finance ministers from the Group of Seven, or G7, are reportedly planning to discuss the regulation of cryptocurrencies. According to a Tuesday report…