Dubai Court Sees Salary Payment in Crypto as Valid
The Dubai Court of First Instance has recognized salary payments in crypto as valid under employment contracts, showing the growing acceptance of crypto in the United Arab Emirates. Irina Heaver, a partner at the UAE law firm NeosLegal, clarified that the ruling in case number 1739 of 2024 represents a departure from the court’s previous […]
Bank of Ghana Introduces Draft for Crypto, Digital Assets Regulation
The Bank of Ghana (BoG) has proposed new regulatory measures for digital assets in response to a comprehensive internal review of Bitcoin, Tether, and other cryptocurrencies. The central bank of the West African nation issued proposed guidelines on digital assets on August 16 to solicit feedback from the public and industry stakeholders regarding the forthcoming […]
Pantera Capital Leads $43M Funding for Sahara AI Platform
Sahara AI, a decentralized platform, has secured $43 million in funding to establish a collaborative economy founded on blockchain technology and artificial intelligence (AI). Pantera Capital, Binance Labs, and Polychain Capital led the round, with Samsung, Matrix Partners, dao5, Geekcartel, Nomad Capital, SCB 10X, Canonical Capital, Mirana Ventures, Foresight Ventures, and other investors also participating. […]
Lagos State Plans Tokenizing Real Estate Using Blockchain
The Lagos state government of Nigeria has unveiled an initiative to tokenize real estate, using blockchain technology to improve the efficiency and simplicity of transfer in property transactions. The objective of this initiative, as delineated in the Eko Revenue Plus Summit documents, is to substantially increase the state’s internally generated revenue, as reported by local […]
TON, Pyth Network Partner for Real-time DeFi Data
Pyth Network, a decentralized data oracle, and The Open Network (TON), a decentralized blockchain platform, have partnered to provide developers on TON with high-quality real-time data. Pyth’s pull oracle data flows are the primary focus of the collaboration, as per information provided to Cointelegraph. This integration will allow TON developers to “truly distinguish their applications.” […]