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Over 540 suspects have been arrested for organising online football gambling using bitcoin, with over 10 billion Yuan (1.5 billion dollars) of money involved, police in south China’s Guangdong Province said on Wednesday.
Law enforcement and regulatory forces in Asia say they are gearing up to fight illegal gambling operators who have ramped up activities in the region ahead of the World Cup, making use of savvy technology and cryptocurrencies to evade prosecution.
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Banks wanting to trade in digital currencies should make sure those activities are clearly "segregated" from their other operations, a top ECB official cautioned Monday, as ever more financial institutions mull jumping on the bitcoin bandwagon.
The Chartered Institute of Bankers of Nigeria (CBN) has called on the Senate to urgently pass the Financial System Strategy (FSS 2020) Bills into law to promote financial inclusion and strengthen electronic payment system in the country.
A Russian court on Friday ordered that access to the Telegram messenger service should be blocked in Russia, Russian news agencies reported, heralding communication disruption for scores of users – including government officials.
At a secret location in the midst of one of Iceland's breathtaking lava fields stands a warehouse whose non-descript siding belies the fact it is ground zero in a digital gold rush for cryptocurrencies that is burning through more electricity than Icelanders' homes.
Gold castings of the hands of South Africa's first black President Nelson Mandela have been sold for $10m (£7m) in bitcoin.
The Nigeria Deposit Insurance Corporation ( NDIC ) says transactions in digital currencies are not authorised by the Central Bank of Nigeria (CBN), cautioning Nigerias against transacting business in bitcoin and other crypto currencies.
Twitter and Square CEO Jack Dorsey apparently has big visions for bitcoin, commenting in a recent interview with The Times that he believes that the cryptocurrency will become the world’s single currency within 10 years.
Former Manchester United and Real Madrid striker Michael Owen is launching a cryptocurrency in his own name, joining other famous sportsmen including Manny Pacquiao in a new venture to connect with fans.
All Progressives Congress (APC) has said that any Nigerian who violates the law, no matter how highly placed, must be brought to justice.
Manchester United are confident goalkeeper David de Gea will sign a new long-term contract at Old Trafford following Thibaut Courtois’ move to Real Madrid, Sky Sports reports.
Egyptian star Mohamed Salah could be in trouble with police after his club Liverpool passed a video apparently showing him using his mobile phone while driving.
An 11-year-old boy managed to hack into a replica of Florida’s election results website in 10 minutes and change names and tallies during a hackers convention, organisers said, stoking concerns about security ahead of nationwide votes.
The Manufacturers Association of Nigeria (MAN) has called on the Federal Government to intervene in the debt disagreement between them and the electricity distribution companies, DISCOs, so as to enable them access the stranded 2,000 megawatts of electricity.
The Prelate, Methodist Church Nigeria, His Eminence, Samuel Uche, says the church will mobilise support for young Nigerians aspiring to political leadership in 2019.
Abdulmumini Aminu, a former Chairman of the then Nigeria Football Association (NFA), on Tuesday in Abuja called for the introduction of an enabling law for the present-day Nigeria Football Federation (NFF).
Jose Mourinho claims he “needed six changes not three” in Manchester United’s season opener, with Anthony Martial seeing no game as other options had to take priority.
Workers of the National Emergency Management Agency have been thrown into mourning, following the killing of their colleague by Boko Haram insurgents.
Senate President Bukola Saraki and Speaker, House of Representatives, Hon. Yakubu Dogara, have condemned the invasion of the National Assembly premises by security agents saying it’s another attempt to subvert the nation’s democracy.