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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.
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.
Reserve Bank of Zimbabwe says it has stopped local banks from trading or processing payments linked to cryptocurrencies like bitcoin.
Software tycoon turned cryptocurrency enthusiast John McAfee recently revealed that he charges $105,000 for each tweet he sends out promoting digital coins or initial coin offerings (ICO).
Twitter Inc is to ban most advertising of cryptocurrencies on its platform, joining Facebook and Google in a clampdown on the nascent industry, the company said in a statement.
The managing director of the International Monetary Fund (IMF), Christine Lagarde, has called for a crackdown on the misuse of cryptocurrencies like bitcoin by using the blockchain technology behind the digital currency to fight the criminals.
Google has announced it will ban advertisements that promote cryptocurrencies and initial coin offerings (ICOs) starting from June.
Cryptocurrency traders filed a lawsuit Thursday against Japanese exchange firm Coincheck, seeking repayment after hackers raided hundreds of millions of dollars in digital assets.
The World Bank warned and compared cryptocurrencies to “Ponzi schemes”.
The digital currency fell as low as $5,920 on Tuesday - down 13% on the previous day - before recovering slightly, according to Bitstamp Exchange.
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Zimbabwe’s July 30 presidential election will provide no clear winner, with 40 percent of voters choosing President Emmerson Mnangagwa and 37 percent his opponent, Nelson Chamisa, according to an Afrobarometer poll released on Friday.
President Muhammadu Buhari on Friday offered condolences to the family and relatives of the late Inspector-General of Police, Ibrahim Coomassie, describing him as a valiant officer who brought honour to the nation.
The National Agency for Prohibition of Trafficking in Persons (NAPTIP) on Friday urged parents to stop putting undue pressure on their children to prevent them from falling victims to human traffickers.
Federal Ministry of Health on Friday said it would engage stakeholders, individuals and media organisations to promote and support exclusive breastfeeding in health facilities, communities and workplaces.
The Benue State Governor, Samuel Ortom, has accused the All Progressives Congress, APC, of “demonizing him for obvious selfish reasons.”
President Joseph Kabila of the Democratic Republic of Congo has said that the December presidential election would go ahead as planned, but he declined to say whether he would defy term limits to stand for re-election.
The Independent National Electoral Commission (INEC) in Lagos State on Monday urged eligible voters to expose any staff or tout demanding money for the ongoing Continuous Voter Registration (CVR) in the state.
A former Nigerian Minister of Finance, Ngozi Okonjo-Iweala, has been appointed into the board of social media giant, Twitter Inc.
President Muhammadu Buhari has nominated Chief Olabode Mustapha and six others as Chairman and members of the board of the Nigerian Deposit Insurance Corporation (NDIC).
The Independent National Electoral Commission (INEC) said that the just concluded Saturday governorship election was generally successful.