Kenya’s Treasury Cabinet Secretary John Mbadi has said the country is preparing legislation to legalize cryptocurrencies, a shift from the government’s previous warnings against the industry. “The emergence and growth of Virtual Assets (VAs) and Virtual Asset Service Providers (VASPs) have given rise to innovations in the local and international financial system with dynamic opportunities […]

Three Russian nationals tied to operating sanctioned crypto mixing services Blender.io and Sinbad.io have been charged with money laundering by a federal grand jury in Georgia, the U.S. Department of Justice said in a statement on Friday. Roman Vitalyevich Ostapenko and Alexander Evgenievich Oleynik had been arrested last month, and they face money laundering charges.

Babylon Labs, developer of the largest BTC staking protocol, is building a trust-minimized Bitcoin bridge with the Cosmos network to enhance the world’s oldest blockchain’s interoperability. In partnership with Bitcoin developers Fiamma, Babylon is using the BitVM2 computing paradigm, which is designed to allow Ethereum-style smart contracts on Bitcoin, which then paves the way for

Crypto exchange Bybit said it will temporarily suspend its services for its users in India in response to regulation in the country. The Dubai based company intends to prevent its customers in India from being able to open new trades or access products on the platform from Sunday. “The only exception will be withdrawals,” the

The U.S. renewable energy industry is in an odd position. Large-scale projects, like SunZia, the southwestern wind turbine project that is expected to provide enough electricity to power three million homes, are funded with relative ease thanks to long-established relationships with financial giants. Meanwhile, small-scale installations such as solar panels on one’s rooftop are becoming

The employment market in the U.S. picked up steam in December, with job growth topping economist forecasts by a mile and the unemployment rate unexpectedly dipping. The economy added 256,000 jobs last month, the Bureau of Labor Statistics reported on Friday, topping forecasts for 160,000 and up from 212,000 in November (revised from an originally

This week, the crypto market has witnessed a notable positive shift, particularly in prices for major alternative cryptocurrencies XRP, DOGE and XLM. These tokens are once again priced more or less the same on the Nasdaq-listed Coinbase, considered a proxy for the stateside demand, and the offshore giant Binance, TradingView data shows. The recovery from

The crypto industry’s most notorious rapper, Heather Morgan – more widely known as Razzlekhan – released a new music video as U.S. authorities stand ready to imprison her for criminally laundering portions of the crypto loot her husband was convicted of pilfering from Bitfinex. In the song, ‘Razzlekhan vs. The United States,” Morgan’s outlandish and

By Omkar Godbole (All times ET unless indicated otherwise) The crypto market has regained some stability, with BTC rising back to nearly $95K as order books signaled the presence of bargain hunters. Late Wednesday, prices tested the long-standing support zone of $90K-$93K, which has successfully halted downward movements at least six times since the second

Many traders were watching the bitcoin (BTC) price action during European hours on Friday, slightly confused and for good reason. If you look at the candlesticks chart for BTCUSD pair on Coinbase, you would see fourteen green hourly candles, which means in the last 14 hours bitcoin scored gains in each hour. The hourly candles