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Bank of Ghana Selects German Technology Firm as Partner for CBDC Project
The Bank of Ghana (BOG) says it has signed an agreement with Giesecke Devrient (GD) to implement a pilot central bank digital currency (CBDC) project. This pilot CBDC, which is a precursor to the e-cedi digital currency, is set to be tested with banks, payment service providers, merchants, consumers and other relevant stakeholders. Learning From…
South African Expert Says Tax-Dodging Crypto Traders Face Heightened Jail Threat
A South African tax expert, Thomas Lobban, has warned non-tax paying crypto traders that they now face possible jail time if the South African Revenue Services (SARS) decides to lay tax offense charges against them. He adds that this threat of jail time similarly applies to South African crypto traders that use offshore exchange platforms…
Disconnected Venezuelan Bitcoin Miners Might Resume Operations in 48 Hours
A group of Venezuelan Bitcoin miners that were disconnected from the power grid by regional authorities in the state of Carabobo might resume operations in the next 48 hours, according to the national cryptocurrency watchdog, Sunacrip. The institution met with affected miners on Wednesday and assured them it will make the necessary adjustments with regional…
FreeTON Unveils TON Swap 2.0
Broxus, a leading developer of the FreeTON project, has unveiled the second version of their FreeTON DEX, TON Swap. The update consists of a reworking of existing features, an expansion of functionality and available information and the addition of key new features. The FreeTON project has been busy this summer, expanding the offerings it has…
Crypto Data Firm Dune Analytics Raises $8M — Series A Round Led by Union Square Ventures
The team behind the platform that allows users to track data on the Ethereum blockchain, Dune Analytics, announced the firm has raised $8 million from strategic investors like Union Square Ventures. Dune Analytics detailed the firm plans to leverage the new financing in order to hire more help and monitor other blockchains. Crypto Metrics Provider…