The Stakeholders in Blockchain Association of Nigeria (SIBAN) expelled its president, Obinna Iwuno, for allegedly registering an illegal body and misusing his position. Iwuno denied these allegations and accused the SIBAN board of trustees of acting unlawfully. Despite the expulsion, Iwuno claimed to remain SIBAN’s president. The SIBAN board warned others to avoid dealing with…
The North Carolina General Assembly has overridden Governor Roy Cooper’s veto to enact a bill prohibiting a central bank digital currency (CBDC) in the state. The Senate voted 27-17, securing the required supermajority. The bill bars payments using CBDC and state participation in Federal Reserve testing. This bill reflects strong opposition to CBDCs and emphasizes…
August 24, 2024 at 04:55 AM GST updated: August 24, 2024 at 03:30 AM 2 mins read News Crypto advocates challenge SEC’s CAT program over privacy concerns. SEC’s CAT could link personal info to blockchain wallets, sparking a legal battle. Potential Gensler nomination as Treasury Secretary stirs political discussion The Blockchain Association and DeFi Education…