Ripple vs. SEC: Court Grants Joint Motion to Pause Appeal SEC Given 60 Days for Next Move

The U.S. Court of Appeals has paused the appeal between Ripple and the SEC. Mid-June 2025 should be the time for the next update

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Reddit Co-Founder in Talks to Acquire TikTok and Integrate with Blockchain Technology

As per reports, Reddit founder Alexis Ohanian has expressed interest in acquiring TikTok and integrating it onto the blockchain. Ohanian sees the potential for TikTok to thrive in a decentralized environment, offering users more control and privacy over their data. By bringing TikTok onto the blockchain, Ohanian believes that the popular social media platform can [...]

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China Faces Opposition to Rapid BRICS Expansion From India and Brazil, Report

BRICS member states India and Brazil stand in the way of China’s bid to quickly expand the bloc, unveiled a media report. The two nations have different reasons to have reservations about Beijing’s plan to soon increase the organization’s geopolitical influence while they both seem to want to slow down the enlargement, sources have indicated. [...]

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BRICS Bank in Membership Talks With Saudi Arabia, Report Reveals

The development bank set up by the BRICS bloc is negotiating with Saudi Arabia on accepting the country as a member, according to a press report. The talks come as the bank, created as an alternative to similar institutions led by the West, seeks to expand its funding options amid sanctions on one of its [...]

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Nigeria in talks with Binance for a Digital City

The Nigerian government has tapped leading cryptocurrency exchange Binance to help develop a crypto-friendly digital economic zone in the country.

Announced on Saturday by the Nigeria Export Processing Zone Authority (NEPZA), the project is targeted at promoting digital entrepreneurship around blockchain technology.

According to a press release NEPZA shared, the idea is to have Nigeria host a Virtual Free Zone, the first in West Africa and anchored on the globally popular Dubai virtual free zone. 

The vision for the project, which could extend Binance’s reach in the country and across the continent, was hinted to by NEPZA managing director Prof Adesoji Adesugba while in Dubai, the United Arab Emirates.

The NEPZA official noted in the announcement that the project will offer more economic opportunities for innovators and entreprenuers in Nigeria, and aligns with the government’s development agenda.

He added:

“Our goal is to engender a flourishing virtual free zone to take advantage of a near trillion dollar virtual economy in blockchains and digital economy.”

Nigeria is one of the countries with the largest community of cryptocurrency users, the fastest-growing crypto market in Africa. The country also became the first on the continent to launch a central bank digital currency (CBDC) in October 2021.

Since the eNaira started being used, nearly $10 million worth of transactions have been completed.

The post Nigeria in talks with Binance for a Digital City appeared first on Invezz.

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BRICS Expansion to Make West Recognize New World Order, De-Dollarization: UAE Professor

The accession of new members will allow BRICS to push the West to accept changes in international relations, an expert from UAE has been quoted as stating. That’s valid in particular for cross-border trade and de-dollarization, said Mohamed El Yattioui, professor at the American University in the Emirates. BRICS Bloc to Benefit From Inducting New [...]

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