Tuesday, October 20

Business

India Tightens KYC and AML Requirements to Onboard New Crypto Users

India’s Financial Intelligence Unit (FIU), a regulatory agency that sets anti-money laundering and know-your-customer regulations, issued new guidelines tightening rules for onboarding users to crypto platforms.The new rules force regulated crypto exchanges to verify users through live selfie pictures and…

BitMine’s Total Staked ETH Holdings Surpass 1 Million

Crypto treasury company BitMine Immersion Technologies (BMNR) staked an additional 86,400 Ether (ETH) on Saturday, valued at about $268.7 million at the time of this writing, crossing the 1 million staked ETH milestone. The 86,400 ETH was staked in four separate…

First HoldCo appoints new board members across subsidiaries

First HoldCo Plc has announced the appointment of new members to the boards of directors of some of its subsidiaries. The financial services group stated in a regulatory filing that the move followed receipt of regulatory approvals from the Securities…

Bitcoin Power Law Gives ,000 as Key Bear Market Level

Bitcoin (BTC) faces a “do-or-die” price point if 2026 becomes a classic bear market year.Key points:Bitcoin four-year price cycles and bear markets remain relevant, the latest power law analysis says.2026 may see a BTC price support showdown with $65,000 as…

Russians Ask if Pensions Can Be Paid in Crypto as Adoption Rises

Inquiries about whether pensions can be paid in crypto have become one of the most frequent non-standard requests received by the Social Fund of Russia, a state-run institution responsible for managing Russia’s public pension system.In 2025, the Social Fund’s call…

Tennessee Orders Kalshi, Polymarket, Crypto.com to Halt Sports Betting

Tennessee’s sports betting regulator has ordered prediction market platforms Kalshi, Polymarket and Crypto.com to halt the offering of sports event contracts to residents of the state.In cease-and-desist letters dated Friday, the Tennessee Sports Wagering Council (SWC) accused all three platforms…

AfDB, TCN advance Alaoji–Onitsha power line reconstruction

The Transmission Company of Nigeria, in partnership with the African Development Bank and the Federal Ministry of Finance, has conducted a sensitisation programme for Project Affected Persons on the proposed reconstruction and upgrade of the Alaoji–Onitsha 330kV Single Circuit Transmission…

FG budgets N33.9bn for airports upgrade

The Federal Government has proposed spending a total of N33,906,953,400 on the rehabilitation and upgrade of airports, runways, aprons, terminals, perimeter fencing, and safety-critical systems across the country in the 2026 fiscal year. The budget document shows that the funds…

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