Category Crypto

RedotPay Launches NGN Crypto Cashouts via Ripple

RedotPay has teamed up with Ripple to launch “Send Crypto, Receive NGN,” a new feature that lets users convert digital assets into Nigerian naira and receive the funds in local bank accounts within minutes. The service is built on Ripple…

FDIC to Propose GENIUS Act Framework This Month

The US Federal Deposit Insurance Corporation will propose a framework for implementing US stablecoin laws later this month, according to its acting chair, Travis Hill. “The FDIC has begun work to promulgate rules to implement the GENIUS Act; we expect…

YZi Labs Launches Bid to Takeover CEA Industries

Binance founder Changpeng Zhao’s YZi Labs has launched a bid to stack the board of a BNB buying company it helped to bankroll with its own nominees, citing “destruction” of stockholder value.  In a regulatory filing on Monday, YZi Labs…