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Brazil proposes stricter penalties for crypto-related financial crimes

Brazil proposes stricter penalties for crypto-related financial crimes

Brazilian lawmakers are working on a set of new penalties for money laundering with cryptocurrencies, the penalties are part of a new piece of legislation that also regulates crypto trading and payments. According to an official announcement on Sept. 29, Brazil’s Special Committee of the Chamber of Deputies has passed a bill that dramatically increases […]

Survey shows 50% of Africans invest in crypto to fund their children’s education

Survey shows 50% of Africans invest in crypto to fund their children’s education

According to a recent survey, the majority of cryptocurrency investors in Kenya, Nigeria, and South Africa joined the market with long-term aims in mind, such as ensuring the financial security of their families. Luno, a London-based firm, undertook a study of over 7,000 people from Nigeria, Kenya, South Africa, the United Kingdom, Australia , Indonesia, […]