The Bank of Ghana said its sandbox will also support innovations that attempt to solve the financial exclusion challenge.

The virtual currency tracking system will be used to monitor transaction history, and extract information related to transactions.

The Administration fully endorses responsible technological advancements that reduce the cost, increase the speed, safety and increase the accessibility of financial services.

According to the agency, which is known as the Office of the FAIS Ombud, the recent designation of crypto assets as financial products has made this possible.

The Dutch central bank has fined the crypto exchange, Coinbase $3.6 million for failing to meet registration requirements.

State Senator Wendy Rogers has introduced a bill to make bitcoin legal tender in Arizona and allow state agencies to accept bitcoin.

European Union lawmakers have backed a draft law to implement the final leg of post-financial global bank capital rules, adding prohibitive requirements to cover risks from crypto assets.

The Advertising Regulatory Board of South Africa has added a new section to the code of advertising practice that addresses cryptocurrency products and services.

ChatGPT creator, OpenAI, and Microsoft have announced an extension of their partnership.

The Central African Republic (CAR) has set up a 15-member committee responsible for drafting a bill on using cryptocurrencies and tokenization.

The U.S. Government has the authority to seize money from both charged suspects awaiting trial and from citizens suspected of wrongdoing.

The fintech, whose clientele more than doubled in 2023, stated that it intends to use the funds raised to finance its expansion.

The latest deal comes a year after Carry1st secured $20 million in funding supported by a16z and Google parent company Alphabet.

According to the WEF panel discussion, CBDCs are rising as a solution for payments and credit that goes beyond banking integration.

The National Australia Bank has announced that it will soon launch a new stablecoin backed by the Australian dollar on Ethereum and Algorand.